Investing on Food Fortification can Save Millions, Study Reveals

Sep 26 , 2021


Investing 3.8 million dollars in food fortification would help Ethiopia to save losses of over half a billion dollars spent on averting vitamin deficiencies, according to a new study by the Global Alliance for Improved Nutrition (GAIN), Swiss-based foundation. The cost-benefit analysis report indicated that Ethiopia can upgrade its economy and bring health transformation if the government focuses on food fortification as its mandatory programme to prevent malnutrition. A dollar spent by the government, industries or consumers to fortify flour with critical nutrients could return 13 dollars in economic benefit, the report added.


Radar

City Approves Supplementary Budget for Capital Projects

Mayor Adanech Abiebe updated the City Council on the corridor development project during a meeting. While progress has been made, there are outstanding issues for some residents. An estimated 20pc of the 5,135 households impacted by construction have not yet received compensation or replacement housing. The Council approved a supplementary budget of 21 billion Br for the current fiscal year, which ends in two months. Over 90pc of these funds are earmarked for finalising capital projects, with...


Radar

Oromia Insurance Makes Historic Payout to Farmers

Oromia Insurance S.C. facilitated a 39 million Br payout in claims to Amhara Regional State farmers who suffered crop losses due to pest and drought. The initiative involved key stakeholders including the World Food Program (WFP), the Agricultural Transformation Institute (ATI), Pula Advisors, Agriculture and Finance ministries, and German development organisations. Spearheaded by Pula Advisors, the program has reached over 122,000 smallholder farmers, providing insurance against climate risk...


Radar

Ethio telecom Rolls Out Nationwide Digital ID Registration

Ethio telecom has launched a nationwide digital national ID registration program across 19 locations in Addis Abeba and 29 towns nationwide. With plans to register up to one million citizens a month, targeting to reach 32 million people within the next three years. The target represents 36pc of the total national goal of registering 90 million citizens. This program leverages the telco's extensive ICT infrastructure and network services in partnership with the national ID program office, led...


Back
WhatsApp
Telegram
Email