Canada Commits 191m Br to Promote Women’s Education

Aug 22 , 2020


Cuso International, a nonprofit organisation based in Canada, has launched a five-year project worth 191.7 million Br in the Benishangul-Gumuz Regional State to promote women’s education. Dubbed U-Girl 2, the project is aimed at girls ages 15 to 25, their families and communities to address existing gender barriers that impede their education. The project will provide academic resources, training, tutorials and financial stipends for adolescent girls. Implemented in seven districts, it is expected to benefit 16,500 girls directly and effect an overall reach of 100,000 people. The project is funded by the government of Canada through Global Affairs Canada and is being implemented in cooperation with the Institute of International Education. The U-Girls 2 project will help to address some of the disparities existing in girls’ access to education. That, in turn, will contribute to better participation of women in leadership and politics in the region, according to Solen Abera, lecturer and gender focal person in the Faculty of Health Science at Assosa University. Cuso International works with local partners to amplify their impact in the areas of gender equality, female empowerment and improved economic opportunities for youth.


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...