CANAL+ Inks Third Deal in Ethiopia

Apr 12 , 2020

CANAL+, a European media company and pay-TV operator, has inked its third agreement with Fana Broadcasting Corporation, the state-affiliated media company. The agreement between the duo allows CANAL+ to broadcast FANA TV for its future Ethiopian pay-TV offering and gives it access to Fana Broadcasting Corporation's library of audiovisual content. Two weeks ago, the company signed an agreement with the Ethiopian Broadcasting Corporation (EBC), the public broadcaster. It also inked a deal with Nolawi Film Production and the Ethiopian Film Producers Association. Owned by worldwide content, media and communications group Vivendi, CANAL+ Group has more than 20 million subscribers worldwide. The pay-TV platform of Canal+ will be launched by the end of the year, and it is expected to include a bouquet of dedicated Amharic channel packages through a satellite pay-TV platform.


Premier Pushes Domestic Drug Production

A six-day domestic pharmaceutical production and innovation expo was inaugurated by Prime Minister Abiy Ahmed (PhD) last week. More than 110 local pharmaceutical manufacturers participated at the Millennium Hall on Airport Road. Recently appointed Minister of Health Meqdes Daba (MD), said local production of pharmaceuticals has become a cornerstone of health policy, which received approval from the Council of Ministers a month ago. However, a report from the Global Fund For Health last year r...


AfDB Lauds $8m for Solar Mini-Grid

Around half a million people foresee benefits from the pilot mini-grid built across nine sites in Amhara, Oromia, Sidama, and the Southern regional states. African Development Bank Group has approved eight million dollars in finance to support the project under the Distributed Renewable Energy & Agriculture Modalities (DREAM) program. The DREAM project, with a total budget of 20 million dollars through concessional loans, grants, and risk mitigation, will cover half of the mini-grid capital...


Parliament Approves $275m Loan for Urban Project

A  275 million dollar loan agreement was approved by Parliament last week, to support the second phase of the Urban Water Supply & Sanitation Project. Set to be implemented over the next three years, the project follows negotiations between Ethiopia and the International Development Association (IDA). The Chief Whip Tesfaye Beljige (PhD), presented details of the loan agreement to lawmakers and said that the project focuses on enhancing the supply of clean drinking water and improving sa...