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Ethiopia: ‘B’ rating by Fitch To debut Eurobond

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Addis Ababa (HAN)  November 7, 2014 –  Public diplomacy and Regional Financial investment news . Ethiopia announces plans to issue Eurobond to interest foreign investors to the country.  Ethiopia, which has previously said it was considering issuing a Eurobond, was awarded a ‘B’ rating by Fitch on Friday with a stable outlook. Kenya, which plans a Eurobond worth up to $2 billion, has received a ‘B+’ rating by Fitch. This decision  offers an opportunity for Ethiopia, to enter international capital markets. Ethiopia has mostly relied on domestic resources and Chinese loans to finance big infrastructure projects across the country. It clear now when it might tap international markets. With the global financial situation on the fence it would be interesting to see how this plays out. Foreign investors are closely watching Ethiopia, attracted by a decade of high growth and a market of about 90 million people.   Investors in the Emerging markets have exhibited  appetite for the Bon

Ethiopia: Restoring and Re-greening in Tigray region

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Sami Grover, Science and Sustainable Agriculture. I recently mused on the fact that conservation is not enough. We need to also focus on restoration and rehabilitation of nature too. So I was delighted to read over at The Guardian about an incredible success story in restoring degraded and deforested land in the Tigray region of Northern Ethiopia. Abrha Weatsbha in the Tigray region is unrecognisable and an environmental catastrophe has been averted following the planting of many millions of tree and bush seedlings. Wells that were dry have been recharged, the soil is in better shape, fruit trees grow in the valleys and the hillsides are green again. The  “re-greening”  of the area, achieved in just a few years for little cost by farming communities working together to close off large areas to animals, save water and replant trees, is now to be replicated across one sixth of Ethiopia – an area the size of England and Wales. The most ambitious attempt yet to reduce soil erosio

Hypertension, obesity and central obesity in diabetics and non diabetics in Sidama

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Abstract Diabetes mellitus coexists at a greater frequency with hypertension, obesity, central obesity, dyslipedemia and proteinuria and that markedly increases the risk of atherosclerotic disease. A study was done for a period of four months in Sidama Zone, Southern Ethiopia to compare the prevalence of atherosclerotic risk factors between diabetic and non diabetic general population. One hundred ninety nine diabetic cases were selected from two hospitals diabetic clinics and 195 non diabetics subjects were selected from urban and rural areas. The general prevalence of hypertension in the entire study population was 18.8%, with 26.1% in diabetics and 10.2% in non diabetics. Multivariate logistic regression showed that hypertension, central obesity, overweight and obesity, and ethnicity had strong association with possibility of diabetes mellitus. The reason for possible racial difference to cardiovascular risk factors and population awareness to these factors should be studie

Independent and Joint Effects of Prenatal Zinc and Vitamin A Deficiencies on Birthweight in Rural Sidama, Southern Ethiopia: Prospective Cohort Study

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Abstract Background The effects of prenatal Zinc Deficiency (ZD) and Vitamin A Deficiency (VAD) on birthweight are controversial and their interaction has not been investigated. Objective To assess the independent and interaction effects of prenatal zinc and vitamin A deficiencies on birthweight in rural Sidama, Southern Ethiopia. Methodology A community-based prospective cohort study design was employed. Six hundred fifty pregnant women in their second or third trimester were randomly selected and their serum zinc and retinol concentrations were determined. About 575 subjects were successfully followed until delivery and birthweight was measured within 72 hours after delivery. The association between the exposures and birthweight was examined using log-binomial and liner regression analyses. Potential interaction between ZD and VAD was examined using Synergy Index (SI). Results The mean birthweight (± standard deviation) was 2896 g (±423). About 16.5% (95% CI: 13.5

The Third International Ethiopian Coffee Conference Opens On Thursday

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The Ethiopian Coffee Exporters Association (ECEA) said preparations have been finalized to host to host the third International Ethiopian Coffee Conference being held on Thursday and Friday (November 6-7) this week. The General Manager of the Asscoation, Alemseged Assefa, said that conference will help to promote and increase quality of Ethiopian coffee. The conference is intended to bring exporters and buyers together as well as evaluate the quality of Ethiopia's coffee, discuss ways of improving the crop, promote the traceability of Ethiopian coffee and widen the export coffee market. An estimated 300 participants will attend the conference from all those who involved in the coffee market as well as researchers, coffee buyers and others. A number of research papers will be presented by national and foreign experts, and coffee sector policies and strategies will be discussed. Ethiopia earned 720 million US dollars from coffee exports during the last fiscal year. Source