City Administration Resumes Land Services

Nov 28 , 2020

The Addis Abeba City Administration has announced that it resumed services for land and land-related issues as of November 20, 2020. The City Administration had suspended services as of August 29, indefinitely until the ongoing investigation was completed. Winding up the investigation, the head of the Mayor's office and cabinet affairs, Ephraim Gizaw, wrote a letter to all of the 11 districts to cease services until the problems in the area are fixed. The City Administration suspended the services after stating it needed to investigate ongoing service provision, produce new directions and find solutions to solve problems related to the service provision. Last week's announcement for the City Administration informed the districts to resume services including the transfer of names and title deeds, as well as the sale of buildings and houses. The City Administration has also been checking the ownership of buildings and condominium housing units in the capital, requesting that owners produce documents that demonstrate their ownership.


Ministry Secures $86m Grants

An 86.18 million dollar grant agreement was signed between the Ministry of Finance, UNICEF and UNFPA last week to support the agencies' ongoing country programs for the fiscal year. Out of the total grant, UNICEF committed 70 million dollars to support its water, nutrition, education, health, sanitation, child protection, and gender projects. Meanwhile, UNFPA pledged 16.1 million dollars for family planning, maternal health, adolescent and youth development, and gender equality and women empo...


Authority Reports Fuel Import Stats

Ethiopian Petroleum & Energy Authority (EPA) disclosed that 3.2 million tons of fuel were imported into the country during the last fiscal year. The figure includes 2.04 million tons of diesel and 767,672tns of benzene. In the past fiscal year, the digital payment system, Telebirr, facilitated transactions totalling 103 million volumes worth 61.8 billion Br. Of these transactions, 81.39pc were for diesel, while 17.82pc were for benzene. The number of fuel stations increased from 682 to...


Commercial Bank Collects $3.2b in Foreign Currency

The Commercial Bank of Ethiopia (CBE) announced robust performance in foreign currency collection for the past fiscal year, achieving 3.2 billion dollars in total mobilisation. This includes 2.07 billion dollars in remittances, with the Bank's Diaspora banking service and CBE Birr contributing 89.9 million dollars to the total. The performance details were shared during CBE's annual review meeting last week. "This achievement is particularly gratifying given the challenging economic climat...