Capital Looks Forward to Usher Aviation Innovation Expo

Sep 10 , 2023

The first Aviation Innovation Expo that aims to provide a networking platform and commercialise inventions while promoting aviation products and services is slated to open at the Ethiopian Science Museum after a month. With hopes of highlighting tech innovation across African countries, the Global Innovation Initiative Group (GIIG) partners with UNICEF Ethiopia to organise the Global Startup Awards Africa Summit where 15 winners that address critical global issues will be recognised. The expo is expected to exhibit products of 80 individuals and companies, competition with training and financing opportunities for the winners, and a one-day symposium that will have a research paper presentation and discussion. Organised by the Ethiopian Civil Aviation Authority and the Ministry of Transport & Logistics the event will take place from October 24-28, 2023. Getachew Mengiste, director of the Authority, said the aviation policy, which will pave the way for private investors to invest in the airport infrastructure and management, is in the final stage of ratification. The policy focuses on facilitating airports, air navigation and aeronautical metrology services with autonomous air transport management systems. He said that building aviation technology manufacturing, infrastructure and training skilled human resources for the sustainability of the aviation industry is pivotal. State Minister Denge Boru, called on professionals and innovators to make Ethiopia the Aviation Hub of Africa in 15 years by implementing the Next Generation Air Transport System.


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...