Afar Regional State Boosts Agri Irrigation

Jan 1 , 2023


Agricultural productivity through irrigation is boosted in the Afar Regional State as the federal government hands over 500 water pumps and 30 tractors. The Regional State President Awol Arba received the first round of farming technologies and tractors with Aisha Mohammed, Irrigation & Lowlands Minister. The support will play a critical role in the ongoing efforts to engage the Afar youth in the agriculture sector, said Aisha. The region can potentially develop more than 120,000hct of areas in the Middle Awash. Awol Arba said the support would greatly help increase productivity, especially in areas affected by water shortages and floods. “We are optimistic that the regional governments will use this technology to enhance productivity,” said Birhanu Megersa, state minister for Irrigation. To date, the Ministry has distributed about 4,000 water pumps to ten regions and the two city administrations supporting their winter irrigated wheat and vegetable production. Its officials have also supplied tractors to three regions to encourage agricultural mechanization. Despite its dependency on agriculture, which contributes to 40pc of the GDP, Ethiopia utilizes only five percent of its 21.8 million hct cropland that could be farmed through irrigation.


Radar

Tech Ministry Falters as Audits Expose Mismanagement, Unmet Ambitions

The Ministry of Innovation & Technology is under scrutiny after an audit revealed lapses in project management and financial oversight. This raised questions about governance standards within a Ministry central to the country's tech-driven growth ambitions. According to the Federal Auditor General, the Ministry has completed only 11pc of its planned projects with its overall financial administration standing at 37.4pc for a year-long project that commenced in 2022. Budget mismanagement an...


Radar

Central Bank Keeps Lending Lid Tight as Inflation Squeezes Economy

The Central Bank has reaffirmed its decision to maintain an 18pc cap on credit growth, reinforcing a commitment to tighter monetary policy during persistent inflation and economic uncertainty. The National Bank of Ethiopia's (NBE) monetary policy committee cited ongoing concerns over inflation, which stood at 19.9pc year-on-year (YoY), and liquidity imbalances as reasons to uphold the restriction on lending. Bankers and analysts interpret this move as evidence of regulators' determination to...


Radar

Ethio Telecom Expands Services with DStv Streaming

Ethio telecom enters the entertainment pool with bundled DStv streaming services through high-speed broadband internet and mobile data packages. The partnership with MultiChoice Ethiopia aspires to merge the telecom's fiber broadband and mobile network with DStv's content. Subscribers can access DStv channels through mobile data or fiber broadband bundles, with discounts of up to 35pc through Telebirr or My Ethiotel (*999#) and up to 26.5pc at sales centers for fiber broadband bundles. Acc...