Chinese Institution Covets Bamboo Development


Ethiopia aspires to develop the bamboo industry through technology, research, and training partnering with China’s Nanjing Forestry University last week. Officials at the Ethiopian Forestry Development said that the industry remains underdeveloped considering the large resources available with 1.47 million hectares of bamboo forest. Average exports of bamboo products only accounted for 0.02pc of global exports, proving that the country has not used it even to its minimal potential. According to the Bamboo World Map report, the lack of skills in bamboo management and the absence of technologies to increase lifespan and upgrade the production chain has made the country incur a low economic return. China’s bamboo forest area and accumulation are among the leading in the world. It has more than 6.67 million hectares of bamboo forests with an annual output value of the industry projected to exceed 110 billion dollars in 2025.


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City Approves Supplementary Budget for Capital Projects

Mayor Adanech Abiebe updated the City Council on the corridor development project during a meeting. While progress has been made, there are outstanding issues for some residents. An estimated 20pc of the 5,135 households impacted by construction have not yet received compensation or replacement housing. The Council approved a supplementary budget of 21 billion Br for the current fiscal year, which ends in two months. Over 90pc of these funds are earmarked for finalising capital projects, with...


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Oromia Insurance Makes Historic Payout to Farmers

Oromia Insurance S.C. facilitated a 39 million Br payout in claims to Amhara Regional State farmers who suffered crop losses due to pest and drought. The initiative involved key stakeholders including the World Food Program (WFP), the Agricultural Transformation Institute (ATI), Pula Advisors, Agriculture and Finance ministries, and German development organisations. Spearheaded by Pula Advisors, the program has reached over 122,000 smallholder farmers, providing insurance against climate risk...


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Ethio telecom Rolls Out Nationwide Digital ID Registration

Ethio telecom has launched a nationwide digital national ID registration program across 19 locations in Addis Abeba and 29 towns nationwide. With plans to register up to one million citizens a month, targeting to reach 32 million people within the next three years. The target represents 36pc of the total national goal of registering 90 million citizens. This program leverages the telco's extensive ICT infrastructure and network services in partnership with the national ID program office, led...


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