Teferra Wolde-Semait
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Teferra Wolde-Semait
Teferra Wolde-Semait ( gez, ተፈራ ወልደሰማዕት; 11 September 1938 – 25 June 2013) was an Ethiopian politician who has served as Ministry of Finance and Economic Development (Ethiopia), Ministry of Finance and Economic Development, and chairman of the board of the National Bank of Ethiopia from 1977 to 1982. Early years Teferra Wolde-Semait was born in Sheno, Kembibit, Sheno, a town located in the Kembibit district of Shewa, Ethiopia, on 11 September 1938. His mother was Jemanesh Bedane and his father was Wolde-Semait Maremi. He was the youngest of five children, the others being Tegegn, Bekele, Tirunesh and Zenebech. Shortly after his birth, his father, who was an ''arbegna'' (a resistance fighter) during the Italian East Africa, Italian occupation, died and Jemanesh fled the area with her children. Teferra was brought to Addis Ababa at an early age, where he entered Priest School and subsequently Haile Selassie I Kokebe Tsebha School, completing 1st through 12t ...
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Ethiopian Name
Ethiopians are the native inhabitants of Ethiopia, as well as the global diaspora of Ethiopia. Ethiopians constitute several component ethnic groups, many of which are closely related to ethnic groups in neighboring Eritrea and other parts of the Horn of Africa. The first documented use of the name "Ethiopia" from Greek name "Αἰθίοψ" (Ethiopian) was in the 4th century during the reign of Aksumite king Ezana. There were three ethnolinguistic groups in the Kingdom of Aksum; Semitic, Cushitic, and Nilo-Saharan (ancestors of the modern-day Kunama and Nara). The Kingdom of Aksum remained a geopolitically influential entity until the pillage of its capital — also named Axum — in the 10th century by Queen Gudit. Nevertheless, the core Aksumite civilization was preserved and continued into the successive Zagwe dynasty. By this time, new ethnic groups emerged – the Tigrayans and Amharas. During the Solomonic period, the latter established major political and cultu ...
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Kembibit
Kembibit is a woreda in Oromia Region, Ethiopia. Part of the Kaba Shewa Zone, Kembibit is bordered on the south by Berehna Aleltu, on the west by Wuchalena Jido, on the north by Abichuna Gne'a, and on the east by the Amhara Region. The administrative center of this woreda is Sheno; other towns in Kembibit include Hamus Gebeya and Kotu. Demographics The 2007 national census reported a total population for this woreda of 74,276, of whom 36,989 were men and 37,287 were women; 11,799 or 15.89% of its population were urban dwellers. The majority of the inhabitants said they practised Ethiopian Orthodox Christianity, with 96.67% of the population reporting they practised that belief, and 2.55% were Muslim. Based on figures published by the Central Statistical Agency in 2005, this woreda has an estimated total population of 109,933, of whom 55,508 are men and 54,425 are women; 12,212 or 11.11% of its population are urban dwellers, which is greater than the Zone average of 9.5%. Wit ...
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African Development Bank
The African Development Bank Group (AfDB) or (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC). The AfDB was founded in 1964 by the Organisation of African Unity, which is the predecessor of the African Union. The AfDB comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. Mission The AfDB's mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region. History Following the end of the colonial period in Africa, a growing desire for more unity within the continent led to the establishment of two draft charters, one for the establishment o ...
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Finance Minister
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs", "economy" or "economic affairs". The position of the finance minister might be named for this portfolio, but it may also have some other name, like "Treasurer" or, in the United Kingdom, "Chancellor of the Exchequer". The duties of a finance minister differ between countries. Typically, they encompass one or more of government finance, fiscal policy, and financial regulation, but there are significant differences between countries: * in some countries the finance minister might also have oversight of monetary policy (while in other countries that is the responsibility of an independent central bank); * in some countries the finance minister might be assisted by one or more other ministers (some supported ...
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United States Agency For International Development
The United States Agency for International Development (USAID) is an independent agency of the U.S. federal government that is primarily responsible for administering civilian foreign aid and development assistance. With a budget of over $27 billion, USAID is one of the largest official aid agencies in the world and accounts for more than half of all U.S. foreign assistance—the highest in the world in absolute dollar terms. Congress passed the Foreign Assistance Act on September 4, 1961, which reorganized U.S. foreign assistance programs and mandated the creation of an agency to administer economic aid. USAID was subsequently established by the executive order of President John F. Kennedy, who sought to unite several existing foreign assistance organizations and programs under one agency. USAID became the first U.S. foreign assistance organization whose primary focus was long-term socioeconomic development. USAID's programs are authorized by Congress in the Foreign Assist ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billi ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various v ...
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Embassy Of Ethiopia In Washington, D
A diplomatic mission or foreign mission is a group of people from a state or organization present in another state to represent the sending state or organization officially in the receiving or host state. In practice, the phrase usually denotes an embassy, which is the main office of a country's diplomatic representatives to another country; it is usually, but not necessarily, based in the receiving state's capital city. Consulates, on the other hand, are smaller diplomatic missions that are normally located in major cities of the receiving state (but can be located in the capital, typically when the sending country has no embassy in the receiving state). As well as being a diplomatic mission to the country in which it is situated, an embassy may also be a nonresident permanent mission to one or more other countries. The term embassy is sometimes used interchangeably with chancery, the physical office or site of a diplomatic mission. Consequently, the terms "embassy reside ...
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Netherlands
) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherlands , established_title2 = Act of Abjuration , established_date2 = 26 July 1581 , established_title3 = Peace of Münster , established_date3 = 30 January 1648 , established_title4 = Kingdom established , established_date4 = 16 March 1815 , established_title5 = Liberation Day , established_date5 = 5 May 1945 , established_title6 = Kingdom Charter , established_date6 = 15 December 1954 , established_title7 = Caribbean reorganisation , established_date7 = 10 October 2010 , official_languages = Dutch , languages_type = Regional languages , languages_sub = yes , languages = , languages2_type = Recognised languages , languages2_sub = yes , languages2 = , demonym = Dutch , capital = Amsterdam , largest_city = capital , ...
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The Hague
The Hague ( ; nl, Den Haag or ) is a city and municipality of the Netherlands, situated on the west coast facing the North Sea. The Hague is the country's administrative centre and its seat of government, and while the official capital of the Netherlands is Amsterdam, The Hague has been described as the country's de facto capital. The Hague is also the capital of the province of South Holland, and the city hosts both the International Court of Justice and the International Criminal Court. With a population of over half a million, it is the third-largest city in the Netherlands, after Amsterdam and Rotterdam. The Hague is the core municipality of the Greater The Hague urban area, which comprises the city itself and its suburban municipalities, containing over 800,000 people, making it the third-largest urban area in the Netherlands, again after the urban areas of Amsterdam and Rotterdam. The Rotterdam–The Hague metropolitan area, with a population of approximately ...
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Wollo
Wollo (Amharic: ወሎ) was a historical province of northern Ethiopia that overlayed part of the present day Amhara, Afar, and Tigray regions. During the Middle Ages this region was known as Bete Amhara and had Amhara kings. Bete Amhara had an illustrious place in Ethiopian political and cultural history. It was the center of the Solomonic Dynasty established by Emperor Yekuno Amlak around Lake Hayq in 1270, the original center of Amhara people, whose territorial reach extended from Lake Hayq and the Beshillo River in the north, the Afar and Argobba lowlands in the east, the Abbay River in the West, and the Awash River just south of modern Addis Ababa. Background Today's Wollo was long the center of Ethiopia (half under Agew/Zagwe and half under the Amhara/ Solomonic leadership). The people of Amhara and Zagwe Provinces (today's Wollo) were the strongest adherents of Christianity and both believed in Israelite Semitic Biblical Ancestry Agew/Zagwe claimed lineage from Mo ...
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Addis Ababa
Addis Ababa (; am, አዲስ አበባ, , new flower ; also known as , lit. "natural spring" in Oromo), is the capital and largest city of Ethiopia. It is also served as major administrative center of the Oromia Region. In the 2007 census, the city's population was estimated to be 2,739,551 inhabitants. Addis Ababa is a highly developed and important cultural, artistic, financial and administrative centre of Ethiopia. Addis Ababa was portrayed in the 15th century as a fortified location called "Barara" that housed the emperors of Ethiopia at the time. Prior to Emperor Dawit II, Barara was completely destroyed during the Ethiopian–Adal War and Oromo expansions. The founding history of Addis Ababa dates back in late 19th-century by Menelik II, Negus of Shewa, in 1886 after finding Mount Entoto unpleasant two years prior. At the time, the city was a resort town; its large mineral spring abundance attracted nobilities of the empire, led them to establish permanent settl ...
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