FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




ATA Sub-grants Mechanisation Centres

Mar 7 , 2020


[ssba-buttons]

Eight cooperative unions and two entrepreneurs secured 91 million Br worth of sub-grants from the Ethiopian Agricultural Transformation Agency (ATA) for the construction of ten standardised Mechanization Service Centres across Ethiopia. Seventy percent of the cost for the construction of the Centres will be covered by the ATA, while the remainder will be the responsibility of the unions and entrepreneurs. The Centres are a three-year pilot project implemented in collaboration with the Ministry of Agriculture. The design of the Service Centres was completed by the ATA and handed over to the owners during a signing ceremony held on March 6, 2020. Three of them will be built in Amhara, while four, two and one Centre will be built in Oromia, SNNP and Tigray regional states, respectively. The Centres will provide farmers paid access to agricultural mechanisation services across the whole value chain including with land preparation, crop protection, harvesting, threshing and transportation. Moreover, the centres will also be used to train workers to maintain agricultural machines and sell spare parts.


Radar

Liquidity Relief, Reform Pressure Meet as World Bank Prepares Major Budget Support

The World Bank is set to approve a 1.45 billion dollar budget support package for the Ethiopian government on June 25, 2026. The announcement came alongside a high-level consultation at the Ethiopian Skylight Hotel, where leaders from the Ethiopian Chambers of Commerce and Sectoral Associations (ECCSA) met with private sector representatives and the National Council. The package follows an earlier 17 billion dollar credit and summer service support allocation. The institution has anchored key...


Radar

Cabinet Approves 502b Birr Budget as City Returns to Federal Subsidy

The Addis Abeba City Cabinet has approved a 502 billion Br budget for the 2026/27 fiscal year, a fiscal plan that marks a return to federal subsidies despite previous claims of municipal self-sufficiency. The budget, now awaiting final ratification by the City Council, incorporates a federal subsidy of more than 74 million Br. This policy reversal follows the 2025/26 mid-year salary revisions for civil servants, implemented to buffer the inflationary impact of the floating Birr on the cost of...


Radar

Global Analytics Meets Local Insight as WAAS Partners With Kantar in Ethiopia Expansion

WAAS International Plc has partnered with global analytics firm Kantar on June 12, 2026, to introduce predictive analytics and consumer tracking tools into the country's corporate market. The collaboration blends Kantar's global methodologies with WAAS's 35-year local data archive to support business leaders operating in a liberalising economy. WAAS Managing Director Efera Busa said the partnership connects global expertise with local context, delivering standardised metrics without losing cu...