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Germany Donates AstraZeneca Jabs

Sep 18 , 2021


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The German government has handed over 271,200 doses of the AstraZeneca COVID-19 vaccine to the Ministry of Health. The donation was made through the COVAX facility amid a surge in infections and deaths in the country. “These vaccines come at a critical time," said Lia Tadesse (MD), minister of Health. Millions of doses of the AstraZeneca, Sinopharm and Johnson & Johnson vaccines have been received by the Ministry so far. However, a little over 2.4 million people have been fully vaccinated in Ethiopia, representing around two percent of the population. That figure stands at 63pc in Germany. Over 330,000 cases have so far been recorded in Ethiopia, and nearly 5,100 people have lost their lives to the pandemic a year and a half in.


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Addis Abeba Housing Bureau Warns Landlords against Illegal Rent Hikes, Threatens Legal Action

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Development Bank Turns Corner as Profit Hits Eight Billion Br

The Development Bank of Ethiopia (DBE) posted a gross profit of eight billion Br in the first nine months of the fiscal year while repaying 15.6 billion Br in outstanding debt. Total income reached 17.3 billion Br, exceeding its target by 12pc. Presenting its performance to the House of Peoples' Representatives Standing Committee for Government Development Organizations, the bank highlighted progress from ongoing reforms, including reducing its non-performing loan ratio to 13.4pc, below the Nati...


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City Audit Uncovers 188 Million Br in Financial Irregularities

The Addis Abeba Finance Bureau has implemented corrective measures on 187.7 million Br in financial irregularities identified across 75 public institutions, as the city grapples with a 350-billion-Br financing gap for infrastructure and public services. The Bureau exceeded its annual audit target by 171pc, expanding oversight to 3,242 entities and improving audit report quality to 85pc. The performance comes after an international assessment ranked Addis Abeba first among six African cities f...