FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




European Aid Organisation Completes Year-Long Project

Mar 20 , 2021


[ssba-buttons]

People in Need (PIN), a non-governmental organisation founded in 1992, has announced the completion of a year-long project that aided more than 100,000 internally-displaced people, returnees and host communities in the Oromia and Southern regional states. The project was funded by European Union Civil Protection & Humanitarian Aid Operations together with the Czech Development Agency. Launched in April 2020, it was designed to address water, sanitation and hygiene needs in camps where internally-displaced people are hosted. PIN provided emergency shelter kits to over 3,000 vulnerable households, benefitting an estimated 15,550 people. The organisation also distributed WASH kits, which included basic sanitary materials such as soap and washbasins, to 2,900 households. Ten shallow wells and two boreholes were also disinfected and rehabilitated as part of the efforts to improve hygiene. Multi-purpose cash transfers were made to over 1,000 households to help them cover their basic needs without having to liquidate their productive assets. The project also involved raising awareness on healthy hygiene practices to prevent the spread of diseases, including COVID-19, through campaigns.


Radar

Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in the Horn of Africa at the Ministry of Agriculture, Biniyam Fantaye and Taye Habte, senior irrigation engineers involved in the Development Response to Displacement Impacts Project (DRDIP-II), as well as private individuals and construction company representatives. The case alleges losses and illicit...


Radar

EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

Ethiopian Investment Holdings (EIH) is relocating its headquarters from its current site on General Wingate Street. The former headquarters was located behind the Ministry of Industry and near Abrehot Library. The new office is expected to be on Mozambique Street, along the route from Mexico Square to Bulgaria Road. The building belongs to one of EIH's subsidiaries, and all departments are set to move there as interior design and finishing works continue. Under the leadership of Brook Taye...


Radar

Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings, supported by trade fairs linking local producers to domestic and international markets. On average, 700 new projects enter the market annually, contributing to more than 2,800 investments over four years. At the grassroots level, 18,000 SMEs have been established, while 993 dormant factories have...