Authority Inaugurates Second Toll Road

Jun 22 , 2019

The Dire Dawa-Dewele toll road project, which cost 5.2 billion Br, was inaugurated on June 16, 2019. About 85pc of the construction was financed through a loan obtained from the Export-Import Bank of China, and the remaining sum was funded by the government. The 220Km road is the second toll road in Ethiopia after the Addis-Adama Expressway. The old Dire Dawa-Dewele road was a gravel road that disrupted transportation due to frequent damage caused by floods and landslides. The new expressway will reduce traveling time from ten to four hours. The new expressway is expected to serve 438,000 vehicles and expected to collect 90 million Br in 2020.


Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...