3rd conference on financing for development to be held in Ethiopia

Third International Conference on Financing for Development to Mobilize and Channel Resources for Sustainable Development

13-16 July 2015, Addis Ababa, Ethiopia

ffd3_logo_1000x495According to the UN Information Center (UNIC), the Conference will gather high-level political representatives, including Heads of State and Government, and Ministers of Finance, Foreign Affairs and Development Cooperation, as well as all relevant institutional stakeholders, non-governmental organizations and business sector entities.

The Conference will result in an intergovernmental negotiated and agreed outcome, which should constitute an important contribution to and support the implementation of the post-2015 development agenda.

The scope of the Conference is set out in General Assembly resolutions 68/204 and 68/279, and will focus on:

1. Assessing the progress made in the implementation of the Monterrey Consensus and the Doha Declaration and identifying obstacles and constraints encountered in the achievement of the goals and objectives agreed therein, as well as actions and initiatives to overcome these constraints;
2. Addressing new and emerging issues, including in the context of the recent multilateral efforts to promote international development cooperation;
-the current evolving development cooperation landscape;
-the interrelationship of all sources of development finance;
-the synergies between financing objectives across the three dimensions of sustainable development; and
-the need to support the United Nations development agenda beyond 2015;

3. Reinvigorating and strengthening the financing for development follow-up process.
The intergovernmental preparatory process of the Conference was launched on 17 October 2014. It includes a series of substantive informal sessions and informal interactive hearings with civil society and the business sector through March 2015, as well as drafting sessions on the outcome document in January, April and June 2015.

 WHAT: World leaders will gather at the Third International Conference on Financing for Development in Addis Ababa from 13-16 July to launch a renewed and strengthened global partnership for financing people-centered sustainable development.

The Conference will look at all sources of finance for sustainable development to ensure that resources go where they are needed most to promote economic prosperity and improve health, education and employment opportunities while protecting the environment.

The outcome of the Conference will be an important milestone on the road toward the adoption of a new sustainable development agenda in September and a universal climate change agreement at the Paris Climate Conference in December. The Conference will lay the groundwork for the world to invest ahead, for people and planet.

In addition to the official programme, including plenary meetings and roundtable discussions, the Conference will feature international civil society and business forums, as well as more than 200 side events.

WHO:

  • Mr. Ban Ki-moon, United Nations Secretary-General
  • Mr. Wu Hongbo, UN Under-Secretary-General for Economic and Social Affairs, and Conference

Secretary-General

  • Mr. Gyan Chandra Acharya, UN Under-Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States
  • Ms. Amina J. Mohammed, UN Special Advisor of the Secretary-General on Post-2015 Development Planning
  • H.E. Mr. Hailemariam Desalegn, Prime Minister of Ethiopia
  • Mr. Jim Yong Kim, President, World Bank Group
  • Ms. Christine Lagarde, Managing Director, International Monetary Fund (IMF)
  • Mr. Roberto Azevêdo, Director-General, World Trade Organization (WTO)
  • Mr. Mukhisa Kituyi, Secretary-General, UN Conference on Trade and Development (UNCTAD)
  • Ms. Helen Clark, Administrator, United Nations Development Programme (UNDP)
  • More than 50 Heads of State and Government
  • More than 100 Ministers of Finance, Foreign Affairs, Development Cooperation
  • More than 1,000 high-level representatives from civil society and the business sector

WHEN: 13 – 16 July 2015

WHERE: United Nations Economic Commission for Africa (UNECA), UN Conference Centre, Addis Ababa (UNCC-AA), Ethiopia

WHY:   Decisions taken in 2015 can set the world on a course of action to end poverty, promote prosperity and protect the planet. The Conference on Financing for Development is centred on mobilizing the means to make a difference in people’s lives. Through greater cooperation and partnership, countries will look at how they can mobilize all possible sources of financing, including domestic and international, public and private, and ensure that they are channeled for sustainable development. The resources are there – but significant changes in current policy, financing and investment patterns will be required to deliver the future we want.

MEDIA ACCREDITATION

Media accreditation is strictly reserved for members of the press – print, photo, radio, TV, film, news agencies and online media who represent a bona fide media organization. No double accreditation is allowed (e.g. as press and delegate or as press and NGO). The deadline to apply for media accreditation is 30 June 2015.

National and foreign correspondents based in Ethiopia can obtain further information on the registration and accreditation process by contacting Ms. Sophia Denekew, Media Relations Section, ECA, T: +251-91197696 / E: denekews@uneca.org

Journalists arriving from outside Ethiopia are required to complete the following steps:

  1. 1. Submit an application on the UN accreditation system by filling out the personal information form. The form is available at: http://www.un.org/en/media/accreditation/form.
  1. 2. Send a letter of assignment on official letterhead of a media organisation signed by the Publisher, Editor-in- chief or Assignment Editor indicating the name and duration of assignment of the journalist who will cover the conference (along with his or her contact information). The letter should be addressed to the Media Accreditation Unit and sent, once signed and scanned (PDF format), to malu@un.org or fax +1 212 963-4642.
  1. 3.   Send a digital passport photo (JPEG format), clearly indicating applicant’s name, to malu@un.org.
  1. 4. When your application is approved, a confirmation will be sent to you by e-m Bring a printout of this confirmation email and your assignment letter to the Accreditation Centre in the Millennium Hall, Bole sub-city, Woreda 3, Addis Ababa. Passes must be picked up in person, by presenting two forms of official ID, including a valid passport.

Please note that a visa is required for entry into Ethiopia. For more information about how to apply for a visa, please refer to: http://www.un.org/en/media/accreditation/FFD3.shtml.

MEDIA RESOURCES

Press conferences: An updated schedule of press events and briefings at the UN Conference Center in Addis Ababa will be available at www.un.org/ffd3. There will be a press conference room, media center and small interview room available at the conference facility. A press conference schedule will be shared at the media desk at the Conference Center and will be sent to registered media in advance. Use of the interview room can be scheduled through Claire Anholt at anholt@un.org.

Press releases: Press releases will be issued daily from the conference and shared via e-mail.

Website: The latest Conference programme, speakers and supporting documents will be posted and updated at www.un.org/ffd3. Other resources and the latest Conference news will be also available at www.un.org/action2015.

Webcast: Plenaries, round tables and press briefings will be webcast, live and on-demand, at http://webtv.un.org.

Broadcast: UNTV will cover the Conference live between 13-16 July. TV packages will be available to broadcasters through Unifeed at www.unmultimedia.org/tv/unifeed/. These packages are also distributed twice daily through APTN. Broadcast quality video files can be requested from video- library@un.org. UN Radio will also cover the conference and will be filing daily news stories in a number of UN languages. These can be accessed at www.unmultimedia.org/radio/.

Multimedia: Selected photographs of the Forum will be available from UN Photo online, along with other multimedia materials, at www.unmultimedia.org. Key photos from the conference will be shared through UN social media accounts in real-time. Additional photos and high-resolution files can be obtained by contacting the UN Photo Library at photolibr@un.org. Social media hashtags: #FFD3 and #action2015

source: http://www.un.org/esa/

Ethiopia to launch first rocket in four months

Mekele Institute of Technology is in its final stage of putting together a laboratory and a rocket launching pad for the first rocket the country will launch in the coming few months.

STS-123_launch_newThe laboratory, which will be used as a testing ground where rocket engines are tested before they are mounted onto the main body, will be ready for trial after three months. The prototype rocket named Alpha Meles is anticipated to be launched on November 2015 from Hashenage Station in Northern Mekele. Alpha Meles was built at a cost of 50 million birr.

The rocket will go as high as 30km from the earth surface. Three organizations, Mesfin Industrial Engineering, Mesebo Cement and the Metals and Engineering Corporation (METEC) jointly help the project to become a reality.

Leul Gebreselassie, Quality Assurance Head at Mekele Institute of Technology told Capital that the project will encourage more space science projects to bud up in future.

“In few months, we will launch the rocket. That will be a big showcase to demonstrate the education we offer can produce pupils who are capable of transforming theoretical ideas to practical work. We are just beginners in space technology. Conducting a research and incorporating the results with the work is intensive.”

“I hope this project will be a good appetizer for those who have been very enthusiastic in space science technology. The project will also lay the foundation to have our own satellite in space.”

Recently, scholars at the institute had made fuel from chicken feather. Another invention of the scholars was a candle with odor that repels malaria insects.

Edom Guesh, who innovated the feather fuel and a participant in the rocket project, said shortage of laboratory equipment was the main challenge on the project. And the small interest of business people to support innovative ideas is challenging that shadowed on innovative people.

“To create, we need a well equipped laboratory and many universities don’t have good laboratories. Even harder is to introduce the innovations and to be able to sell them. Selling them is as hard as climbing a mountain.” Edom pleaded stakeholders to assist innovators and to support innovative works that can help change the society and the country at large.

ኢትዮጵያ ዉስጥ በመቀሌ ቴክኖሎጂ ኢንስቲቱት (MIT) መሪነት እየተካሄደ ባለው “አልፋ መለስ” የሮኬት ፕሮጄክት በቀጣዩ 4 ወራት ዉስጥ የመጀመርያው ሮኬት የማምጠቅ ሙከራ ለማድረግ በዝግጅት ላይ ነች።

ይህንን እስከ 30 ኪሎ ሜትር ርቀት ሮኬት ለማምጠቅ የሚያስችል ፕሮጀክት በአጠቃላይ 50 ሚሊዮን ብር በላይ የሚፈጅ ሲሆን፥ መስፍን ኢንዱስትሪያል ኢንጅነሪንግ፣ መሶቦ ሲሚንቶና የኢፌዴሪ አየር ኃይል ለግንባታው የሚውሉ ቁሳቁሶችን በማቅረብ ተሳትፈዋል።

Capital Newspaper

Ethiopia to build tallest building in East Africa

Ethiopia launches the construction of a 46-story building, the tallest in East Africa and second tallest structure in the continent, reports said on Saturday. The construction of the $200 million structure has officially been launched on Saturday and will serve as headquarters of the Commercial Bank of Ethiopia (CBE) which owns the building.

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The four basement structure with designed height of 198 meters will be built by the China State Construction Engineering Corporation which already entered to contractual agreement with CBE.

images-henn_architekten_commercial_bank_of_ethiopia_106824747
CBE, one of the oldest banks in Africa, would use the headquarters to offer various services under one roof.

The new headquarter is particularly important for the current booming business, running in the country Bereket Simon, the board chairperson of the commercial bank of Ethiopia and Policy research advisor at the ministerial level spoke during the ceremony.

No definite time is set when the construction of the diamond shaped structure would be completed but believed it would give aesthetic value to Africa’s capital after completion.

The Internet of Things Changes the Company-Customer Relationship

With the rise of the internet of things, our individual technology envelopes – our personal networks of smart, connected devices — are rapidly becoming more complicated as more and more devices from a growing profusion of vendors do ever more complex jobs. In fact, industry research indicates that the number of devices in these envelopes will triple over the next few years, and, absent a common set of standards, the complexity of these envelopes will only compound.

Internet of Things Banner

This dynamic is exacerbated by product companies’ historical service paradigm. It used to be that most of the value we derived from our devices was the result of direct physical interaction: For example, we turned a key in a door look, flipped a light switch, or twisted the dial on a thermostat. Now, however, our interaction with devices is profoundly changing – they are becoming more like interconnected services than products. Soon it will be common to drive up to one’s house – which has adjusted heating or cooling in anticipation of your arrival — and have the garage door automatically open, the security system disarm, the doors unlock and lights come on. This impending future creates a conundrum for “thing makers” as the way that services must be supported is profoundly different from the way that devices are.

The historical service paradigm for thing makers could be called “fire and forget”: I sell you a thing, perhaps a crockpot, and … no offense … I hope I never hear from you again. If you contact me for service I will ask you two questions: 1) “are you in warranty?” and 2) “is your request within the scope of what I have decided I will support?” If the answer to both is “yes,” I will serve you as inexpensively as possible using techniques such as self-help on the web, endless IVR loops (“for billing questions, press 1”) and/or offshore labor. And once I resolve your issue — no offense — I hope I never hear from you again. In a sense I’d like to “forget” that the product exists and move on to my next sale.

This service paradigm is not designed for a world in which intelligent, context-aware, learning devices are interacting with each other, with the cloud and with our smartphones while other devices are constantly being added, removed, or modified (via downloads from the cloud). This environment requires a focus on what the user is trying to do as opposed to merely whether the crockpot they purchased is operating as intended. Service in the IoT world needs to not only address devices that don’t function properly, but also support users as they attempt to buy, install, integrate and use these devices. As such it needs to be a continuous, open ended experience.

Some firms may look at this situation and see operational headaches and increased service costs. Others — the companies that will be the winners in the IoT — will see opportunity. Rather than continue dodging customers, they’ll transform their service models operationally, technically, and culturally. They’ll embrace the opportunity by applying different KPIs – such as improved customer experience, churn reduction, and increased customer lifetime value — hiring more technically oriented (and nimble) service reps and modifying the service model from one in which the company defines problems it’s willing to address to one in which the customers defines the job to be done, and the company helps them do it – indefinitely.

This transformation will not only be longitudinal (providing continuous service), but also expansive, providing a holistic approach that will earn companies a trusted adviser position. In an age when user experience is surpassing product and price as the number one brand differentiators, focusing on the user, their environment and what they’re trying to do with their technology, as opposed to how any given component in their envelope is functioning, is essential, even when that means supporting other companies’ products.

The companies that see service in an IoT world as a competitive differentiators — a brand and growth opportunity — will thrive; those that continue to view service as an episodic cost obligation will lose out.

source: http://www.hbr.org  by Paul Weichselbaum

Instagram will be Facebook’s next multibillion-dollar business

Facebook is just about to turn on the money jets for Instagram, the photo-sharing app it acquired in 2012 for over $1 billion. (Remember when that seemed like a lot of money for a tech startup?)

063015-cotd-1Specifically, Facebook is going to let Instagram advertisers use Facebook’s targeting tools to reach users based on their interests.

How much money are we talking about here? According to an analyst note yesterday from Bank of America Merrill Lynch, Instagram could be a $300 million business next year, growing more than 12x to over $3.8 billion by 2020. That $3.8 billion is about equal to Facebook’s total quarterly revenue today.

As the analysts point out, the site has more than 300 million monthly users who spend an average of more than 20 minutes a day on the site, and 23% of US retailers already have an account there. “We see Instagram monetization as a lever Facebook can pull to maintain strong overall ad growth,” they write.

Facebook Is Opening Its First Office in Africa

Facebook, which has been working to build its user base in Africa through programs like Internet.org and lightweight versions of its app, is opening a new business office in Johannesburg, South Africa, the company’s first permanent office on the continent.

johannesburgThe office will serve as a sales hub, helping Facebook learn about and attract small businesses from the region that may want to advertise to Facebook’s audience, which is growing in the region. Facebook has hired Nunu Ntshingila, chairman of Ogilvy South Africa, to run the new office as the company’s Head of Africa, a new position.

International revenue has always been important for Facebook. More than half of the company’s ad revenue comes from outside the United States and Canada, and has for a number of years.

That percentage is slowly eroding, though, from 56 percent in Q1 2013 to 52 percent last quarter. Facebook is relying more and more on high-priced ads in North America versus other parts of the world. A new office like the one in Africa could help expand on that international business.

Facebook is also hoping to learn more about what kinds of advertising actually work in Africa as a way to lure big brands like Coca-Cola and Virgin Mobile that may want to reach the site’s African user base. The company launched a Creative Accelerator program earlier this year to do just that.

Product head Chris Cox also talked at the Cannes Lions advertising festival last week about Facebook’s plans to build ads that work on feature phones for users who don’t have strong wireless connections.

All of this adds up to a pretty healthy interest in Africa, and Facebook hasn’t been shy about its aspirations. Africa is still very much an emerging market; most of the continent is still without Internet access and those who are online are getting there on mobile devices. For Facebook, a service that’s already amassed 1.4 billion users, Africa provides a region where there’s still plenty of room for growth.

Facebook is experiencing some of that growth now. There are now 120 million Africans who visit Facebook each month, up from 100 million back in September. That’s 20 percent growth in nine months, almost three times the growth rate of Facebook’s total user base.

Facebook has made significant efforts in trying to reach this group of Internet newbies. Internet.org is probably the most well known — and most criticized — example. The initiative offers a free slate of Internet services, including Facebook, to some parts of the world where Internet is not widely available.

Of the 14 countries with Internet.org access, six of them are in Africa.

The new office will not include Internet.org employees, though, at least not right now. Facebook plans to hire 25 employees in its South Africa office, all of them on the business and advertising side of the fence. That number will increase throughout the year.

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Nunu Ntshingila is one of the highest ranking women in advertising and Chairman of South Africa’s largest agency group. She is widely regarded as a leading light in the industry, having worked her way up the ladder from a position as a trainee account manager.

Over the two decades in which she has consolidated her career in the South African advertising industry, Nunu has received several of the industry’s highest honours. In 2003, she was named a finalist in the Businesswoman of the Year Award, in 2004 she again attained finalist status in the Shoprite Checkers/SABC Woman of the Year award, as well as being named Financial Mail’s Advertising Leader of the Year. In 2005, she won the coveted prize of Business Personality of the Year at the Top Women in Business and Government Awards.

In early 2011, Nunu was appointed to the Ogilvy & Mather Board, where she joins 30 of the world’s top advertising and marketing professionals as the unique representative from Africa. In a note that went out to the worldwide Ogilvy network of 450 offices in 120 countries from Shelly Lazarus, Chairman, and Miles Young, Global CEO of Ogilvy & Mather, Nunu was hailed as an outstanding representative of the opportunities Ogilvy sees in Africa: “Nunu is the fearless and charismatic leader of the South African business and she represents the future of Ogilvy & Mather.”

In her many years at Ogilvy, Nunu has overseen the agency’s evolution into a diversified communications group that continues to deliver integrated, effective and award-winning work for South Africa’s biggest and most well-recognised brands, including DSTV, SABMiller, KFC, Cadbury, BP, Volkswagen and Coca-Cola.

Under her leadership, Ogilvy South Africa has grown from strength to strength, not only in terms of income but also new business. Importantly, her steadfast leadership is also one of the primary reasons that the group enjoys some of the most long-term and successful client partnerships in the industry. In 2011, the agency celebrated 50 years with SAB and 32 with Volkswagen.

Perhaps most importantly, however, Nunu has been instrumental in the creation of a pan-African joint venture with WPP’s Scangroup. This deal, more than anything, represents Ntshingila’s confidence in Africa, and her optimism about the future of the continent and the crucial role that South Africa has to play in its growth and development. In all likelihood, it will become the legacy that she leaves not only to O&M, but to the advertising world at large.

In 2012, Nunu takes on the role as Chairman of the Ogilvy Group in South Africa, succeeded by Abey Mokgwatsane as CEO.

Nunu is widely regarded for her knowledge and experience as well as her level-headed business savvy. She is, however, equally well-renowned for her gentle and compassionate nature, and her natural empathy has won her the hearts and admiration of staff and colleagues alike. It is this rare combination of business understanding and creative innovation that has earned her seats on a variety of company boards, including Transnet.

source: http://www.recode.net

President Obama will visit Ethiopia in late July!

US President Barack Obama will in late July become the first sitting American leader to visit Ethiopia and the headquarters of the African Union, the White House said Friday.

OBAMAObama’s trip to Addis Ababa will come directly after an already announced trip to Kenya, his  first as president to his father’s homeland, press secretary Josh Earnest announced.

Obama will meet both the Ethiopian government and AU leaders, for talks on how to “accelerate economic growth, strengthen democratic institutions and improve security.”

The election of the United States’ first black president — and the first with an African parent — raised high hopes on the continent, but Obama has been a cautious friend.

In August last year, the White House hosted a huge Washington summit of African leaders and the upcoming July trip is intended to build on progress towards closer economic ties.

A presidential visit to Kenya had been put on ice while President Uhuru Kenyatta faced charges of crimes against humanity for his role in 2007-2008 post-election violence.

The International Criminal Court has since suspended that prosecution, citing a lack of evidence and Kenya’s failure to cooperate.

Human rights groups have questioned the visit to Kenya, but are also asking why Obama is visiting Ethiopia so soon after a contested election.

The White House stressed that it frequently addresses issues of democracy and political rights with countries in the region.

“We regularly, both in public and in private, communicate our concerns about some of the issues,” White House spokesman Eric Schultz said.

“I don’t think that is going to stop because of this visit.”

Ethiopia and Kenya have both been on the frontline of the fight against Somalia’s Al-Qaeda-allied militia Shebab, and have been important security partners to Washington.

Shebab units have been hunted by African Union troops and US drones inside Somalia — but have outflanked the Kenyan contingent in Somalia to mount a string of gruesome cross-border raids.

In April last year the group attacked a university in Garissa, Kenya killing 148 people — most of them students.

source: yahoo.com

Ethiopian Purchases Six Additional B-787 Aircraft from Boeing

The decision to purchase the equipment was based on the airlines ongoing fleet modernization strategy to operate state-of-the-art and technologically advanced aircraft. The aircraft will begin to arrive at Ethiopian from mid-2016 onwards.

B787Ethiopia was the second country in the world and first in Africa to own and operate the game changing aviation wonder, Boeing 787 Dreamliner, in 2012. Currently, Ethiopian operates 13 Dreamliner aircraft maintaining its leadership position by operating the largest Dreamliner fleet in Africa.

Mr. Tewolde Gebremariam, Ethiopian Airlines CEO said; “In line with our Vision 2025 strategic road map and our fleet modernization and expansion project, we will keep investing in the latest technology aircrafts which are widely appreciated by our customers.” He added “This new addition to our fleet will not only benefit Ethiopian because of its unmatched operating costs, but will also help us to enhance the overall travel experience of our travellers. The Boeing 787 aircraft has already earned appreciation of our customers and we will continue with our fleet modernization program with our customer’s preferences in mind.”

The continued investments in fleet modernization, human resources development and information systems has positioned Ethiopian at the forefront of modern aviation in Africa, registering profits for the last consecutive years of the  implementation of Vision 2025.

The 787 is a family of technologically advanced, super-efficient airplanes with new passenger-pleasing features. In addition to bringing big-jet ranges to midsize airplanes, the 787 will provide Ethiopian with unmatched fuel efficiency and environmental performance, using 20 percent less fuel and with 20 percent fewer emissions than the airplanes it replaces.

“The 787 is a perfect fit in capacity and economy for Ethiopian’s medium to long haul routes,” said Ray Conner, president and CEO, Boeing Commercial Airplanes.  “The order will enable the airline to realize greater efficiencies, improved performance and enhanced passenger comfort, and we look forward to continuing our strong relationship with the airline which goes back to its first order in 1960.”

Ethiopian Airlines is the first African operator of the 787. Ethiopian Airlines currently operates an all-Boeing fleet of 737, 757, 767, 777, and 787 airplanes in passenger service, and has 757, MD11, 777 and a 737-400F airplane in cargo operations.