Tele, Employees Commit 180m Br for Sheger

May 4 , 2019


[ssba-buttons]

Ethio telecom and its employees have pledged 180 million Br for a project to beautify Addis Abeba. Out of the total value, 80 million Br will be contributed by the employees, who will be working for four Saturdays without overtime pay. The remaining will be covered by the company. Kicked off by Prime Minister Abiy Ahmed (PhD), the project is expected to cost 29 billion Br and is aimed at revitalising the rivers and developing riverbeds and riverbanks across Addis Abeba. A pilot project was launched at a cost of 2.5 billion Br. The premier will also host a fundraising gala dinner, dubbed “Dine for Sheger,” where close to 1,000 people are expected to attend in mid-May. They will have to pay five million Birr a plate.


Radar

Ethiopia Unveils Consortium to Insure Millions of Farmers

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula Advisors and five major Ethiopian insurers. AICE plans to promote climate resilience through insurance bundled with the government's input voucher system. Leveraging AI platforms like Mavuno and PIE, it plans to standardise products, lower costs, and expand coverage to over 200 woredas. With agricu...


Radar

New Coopbank Partnership Targets Youth Economic Empowerment

The Cooperative Bank of Oromia (Coopbank) has signed a strategic agreement with Melka Ethiopia to provide loan services to over 120,000 young men and women nationwide. The partnership plans to promote youth economic empowerment by expanding access to finance and creating jobs, with a strong focus on rural and underserved areas. Both institutions held joint discussions to explore ways to improve youth livelihoods and financial inclusion. By closing access gaps, the partnership is expected to help...


Radar

Ethiopian Netpreneur Program Training Kicks Off

The Ethiopian Netpreneur 2025 Training Program has officially launched its first cohort in Addis Abeba with 64 entrepreneurs beginning their first round of training. Organised by the Global Digital Talent Academy, the initiative plans to empower local business owners, startup founders, and digital sector players with global-level e-commerce skills. At the launch event, Innovation and Technology Minister Belete Mola (PhD) urged participants to leverage the opportunity to build networks and shape...