Multi-Donor Project Funds Displaced Kids

Dec 7 , 2019


[ssba-buttons]

Education Cannot Wait (ECW), a global fund for education, announced a 27-million-dollar investment to support the delivery of education for more than 750,000 displaced people in Ethiopia. The funding, which was announced on December 5, 2019, will support the implementation of a new multi-year resilience programme developed by the Ministry of Education. The grant is designed to activate resource mobilisation efforts from donors, civil society organisations, the private sector and philanthropic foundations to fully fund the programme, which will cost an estimated 161 million dollars over three years. The programme will reach 380,000 boys and 365,000 girls, including 74,600 children with disabilities. To address the issue of high drop out rates of Ethiopian students in grade one, the programme focuses on early childhood education and providing improved educational opportunities for 213,000 pre-primary and 532,000 primary school-aged children. The programme will be led by the Ministry of Education in partnership with Save the Children International, UNICEF, Education Cannot Wait and the Education Cluster.


Radar

State-Owned Enterprises Deliver, But Fund Seeks More from Underperformers

Ethiopian Investment Holdings (EIH), the country's sovereign wealth fund, closed its annual performance review with a mix of strong gains and lingering concerns across its portfolio of state-owned enterprises. Ethiopian Shipping & Logistics led the year with 4.5 million tons of cargo, driving revenues up 90pc and doubling pre-tax profit. Sugar production from Wonji Shoa, Metehara, and Fincha climbed 34.8pc to 163,290 tons, nearly doubling revenues to 15.6 billion Br, though EIH flagged ch...


Radar

MIDROC Cocoa Drive, Local Production Focus on Value Addition

MIDROC Investment Group is placing a bold wager on cocoa in the lowlands of Sheka. Building on extensive trials at the Bebeka Coffee State Farm, the company has introduced globally prized Forastero, Trinitario, and Criollo varieties alongside coffee. "The results are astonishing," said General Manager Beshada Worku, pointing to international prices that range from 8,200 to 14,000 dollars a ton. The project's first phase covers 50 hectares, with 44,000 seedlings already planted. Expansion to ...


Radar

Bureau Maps Out 1,700 Land Rights in a Month

The Rights Registration & Holding Service Directorate under the Bureau of Land Development & Administration prepared over 1,700 landholding certification maps in a single month. The update came during the bureau's July performance review, which measured progress against the upcoming fiscal year's targets. Director Tesfamichael Endale said efforts are being scaled up to give farmers secure land rights and quicker certification. Deputy Head WendwossenBanjaw added that the priority ahead...