Wolayita Gets Library, Training Centre

Oct 10 , 2020


The Japanese government has launched a project to construct a public library with a vocational training classroom in Wolayita Zone, Southern Nations Nationalities & People's Regional State. The library will be built in Gacheno Kebele with a grant programme worth close to 89,000 dollars. The grant agreement was signed in the presence of former Prime Minister Hailemariam Desalegn, Roman Tesfaye, his spouse, and Daisuke Matsunaga, ambassador of Japan to Ethiopia. The grant came following a request for assistance by the Hailemariam & Roman Foundation to the Japanese government aimed to set a space for a proper learning environment. The Japanese government has implemented over 400 projects since the Grant Assistance for Grassroots Human Security Projects (GGP) in 1989. The GGP focuses on community development through supporting communities in areas such as education, vocational training, access to water and sanitation, economic growth, health and food security.


Radar

Abyssinia Bank Strategic Moves Pay Off, Driving Profit Growth

The Bank of Abyssinia (BoA) enjoyed another profitable year, amassing 4.23 billion Br net profits, an increase of 10.5pc from last year. The Bank announced total assets of 222.3 billion Br, surging by 17.3pc. Total deposits mobilised through the year climbed by 33.97 billion Br to 192.51 billion Br, while loans and advances reached 167.7 billion Br. However, the bank exhibited a nominal decline in its foreign currency earnings totalling 424 million dollars. Earnings per share also showed a ma...


Radar

$100m Project Mulls Public Transportation Make-Over

A 100-million-dollar project aims to manufacture over 5,000 diesel-powered and electric public transport vehicles for the capital. The proposed project was launched hoping to replace the ageing vehicles and improve safety, efficiency and quality across the city's urban transport system. Last week saw an MoU inked between executives of Multiverse Enterprise Plc and Addis Abeba Minibus Associations and was held at Vamdas Entertainment near Megenagna. The agreement includes plans to replace 15,000...


Radar

Safaricom Soars with 6.1 million Customers

Safaricom Ethiopia reported significant commercial growth in the first six months of the 2025 fiscal year (April to September 2024), with notable increases in both mobile (GSM) and M-PESA services. The company's network and services reached a population coverage of 46pc, growing from 30pc in the previous year. This expansion was supported by the addition of over 1,000 network sites, bringing the total to more than 3,000 across the country. Safaricom Ethiopia saw a surge in its customer base,...


Back
WhatsApp
Telegram
Email