EU Grants €1.2m to Ease of Doing Business Programme

Dec 5 , 2020


The Ministry of Innovation & Technology and the European Commission signed an agreement early last week for a grant of 1.2 million euros to be put toward the Ease of Doing Business Programme as part of the government's continued efforts at digital reform. The Programme mainly focuses on supporting government institutions in the developing of online transactional portals. The grant will be used to incorporate Bahir Dar and Dire Dawa cities into the national business portal. "We aim to contribute to the creation of a conducive business environment and investment climate in Ethiopia," said Sanne Willems, team leader for economy and infrastructure, on behalf of the Commission. The Ease of Doing Business Programme was launched in late 2018 and involves eight institutions working under the Office of the Prime Minister.


Radar

Ethiopia Buys Time, Not Relief as Creditors Stall on Debt Write-Off

Ethiopia's official creditors expect to finalise a draft restructuring of the country's debt in the coming months, granting the government more time to repay its obligations while avoiding a direct reduction to the initial debt amount. Ethiopia defaulted on its external debt in December 2023, before its leaders announced a preliminary deal in March with its Official Creditor Committee to reorganise 8.4 billion dollars, an essential step in moving beyond sovereign default. Under the agreement...


Radar

Road Injuries Increase by 35pc, with Pedestrians Most Affected

Addis Abeba's streets continue to present fatal risks for pedestrians, who account for 86pc of all traffic fatalities reported in 2023/24. Megenagna emerged as a particularly hazardous area, logging the highest number of fatalities, including 13 deaths. While the number of pedestrian deaths has dipped slightly, overall injuries have surged by 35pc since 2020/21, with eight out of 10 injuries involving those on foot. The Addis Abeba City Administration revised its 13-year road safety strate...


Radar

Awash Insurance Customer Week Discount

Awash Insurance Company(AIC), serving for over 30 years, gives a 25pc discount on Mortgage Redemption Insurance (MRI), Individual Life Insurance, Education Insurance, Workers' Compensation Insurance, and Fire & Lightning Insurance. This was announced during the celebration of Customer Week at their headquarters, on April 7,2025. Jibat Alemneh, CEO of the company said, Vehicles owners that purchased thier cars with full insurance coverage will receive enhanced benefits at no extra cost at...