IFC Pledges to Advise Customs Reform

Apr 6 , 2019


A cooperation agreement between the International Finance Cooperation and the Ethiopian Customs Commission has been signed to provide advisory support for reforms in trade logistics. The agreement, signed between Dahlia Khalifa, senior manager at IFC, and Debelle Kabeta, commissioner of Customs, provides a framework for advisory support to be implemented in a three-year program in partnership with the Commission as well as other public and private sector stakeholders. IFC has been working with the former Ethiopian Revenues & Customs Authority to improve the country’s investment climate. The new agreement is a continuation of the previous initiative and will build on the work that has already been done. The new program is expected to improve ECC’s customs risk management, establish streamlined transit and border crossing procedures and implement the national Electronic Single Window (eSW) system.


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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...


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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...


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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...


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