GREEN TIDINGS


GREEN TIDINGS

A row of kiosks around the Stadium area were painted green to mark their functions as Telebirr agents. Ethiotelecom's two-year-old mobile banking platform has stormed the digital finance landscape, reaching 34 million subscribers. The preferential access given to the state operator in facilitating several utility payments and its near monopoly over fuel payments has set up the centenarian service provider with a comfortable cushion in the foreseeable future. While Safaricom Ethiopia's M-pesa service launched in late September, it must significantly penetrate the market to catch up to state-owned telco's access to more than 70 million mobile subscribers. The scope and ease of use of digital finance tools are set to disrupt the long-standing dominance of the traditional banking industry in the coming few years, especially in Africa.

[ssba-buttons]

Radar

US Renews National Emergency, Sanctions on Ethiopia

The United States has extended the national emergency and sanctions on Ethiopia for another year under the African Growth & Opportunity Act (AGOA). Signed by President Donald J. Trump, the measure was first declared on September 17, 2021, through an executive order citing the conflict in northern region of the country as an "unusual and extraordinary" threat to U.S. national security and foreign policy. The extension, effective until September 17, 2026, keeps in place restrictions targeti...


Radar

Rockefeller Pitches Clean Cooking to Curb School Meal Emissions

A recent study has revealed the staggering environmental toll of school feeding programs. A single school serving 400 students can burn through the equivalent of 56 hectares of forest each year to fuel cooking. The Rockefeller Foundation flagged the health risks too, with most cooks, predominantly women, breathing smoke levels ten times higher than the World Health Organisation's safe limit. "If every school meal transitioned to clean cooking with electricity and solar, the emissions saved wo...


Radar

Sun-Powered Grid Brings Light to Qunbi District

A new 600KW solar mini-grid in East Hararge'sQunbi district has connected 2,200 households to electricity, marking a milestone in the recent rural electrification push. Ethiopian Electric Utility (EEU) laid seven kilometres of medium-voltage and 10 kilometres of low-voltage lines, installing four transformers to reach communities long cut off from power. Customers cover only meter and installation costs before accessing the service. The project is part of the national strategy to expand energ...