City Transport Bureau Completes $16.5m Bus Procurement

Sep 10 , 2022

The Addis Abeba Transport Bureau has deployed 110 new buses acquired at a cost of over 16.5 million dollars for public transit as the capital continues to struggle with public transportation challenges. Operating under the state-owned Anbessa City Bus Services Enterprise, the buses were inaugurated during a ceremony held last week at Mesqel Square. Zhengzhou Yutong Bus Ltd, a Chinese manufacturer of commercial vehicles, supplied the buses. The buses were paid for through a loan secured from the World Bank. A shortage of vehicles and long queues at terminals and stations is common in the capital, where over 2.7 million residents are dependent on public transport. The Transport Bureau deploys no less than 8,000 minibuses and nearly 1,500 buses, including 425 operated by Sheger Mass Transportation Services Enterprise. The Anbessa City Bus Services Enterprise runs a fleet of 650 buses.


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...