Agency Saves Half Billion Birr Through Kaizen

Sep 8 , 2019


[ssba-buttons]

Ethiopian Pharmaceutical Supply Agency has saved half a billion Birr through the implementation of the Kaizen business philosophy in the recently ended fiscal year. Out of 19 branches, the Agency implemented Kaizen philosophy in Hawassa and Meqelle branches, according to Muluwork Setegn, planning, follow up and evaluation director at the Agency. Through implementing Kaizen philosophy, the Agency minimised the number of its rental warehouses from 23 to three. Drawn from this experience, the Agency plans to implement the philosophy in its 15 branches and has begun to give training at its Hawassa, Meqelle, Bahir Dar and Jimma branches. During the recently ended fiscal year, 14 billion Br worth of pharmaceuticals and medical equipment were distributed to 4,588 governmental medical institutions. The Institute, which was established in 2011 under the initiative of the late Prime Minister Meles Zenawi, has enabled 600 factories and service-providing companies to save nearly 2.8 billion Br by managing waste through the implementation of the Kaizen philosophy.


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...