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COFFEE TIME

Left to right Morris Akiri Adugna Debela (PhD), director general of the Ethiopian Coffee & Tea Development Marketing Authority, and Frederic Kawuma take a sip of coffee in unison at Elilly Hotel on July 3, 2019.

COFFEE TIME

Left to right Morris Akiri Adugna Debela (PhD), director general of the Ethiopian Coffee & Tea Development Marketing Authority, and Frederic Kawuma take a sip of coffee in unison at Elilly Hotel on July 3, 2019. They were attending the launch of a promotion for domestic coffee consumption in Africa. Participants and presenters from more than ten countries were present at the two-day event.

Radar

Horn Initiative Boosts Regional Development Agenda

A total of 20 projects worth three billion dollars are currently being implemented in Ethiopia under the Horn of Africa Initiative, which held a performance review platform last week. This initiative, established in 2019, seeks to economically integrate Horn of Africa countries through development projects. Finance Minister Ahmed Shide accentuated the initiative's goals of enhancing infrastructure connectivity, strengthening trade and economic integration, building resilience to natural and man...

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Radar

Budget Woes Plague Region

The Amhara Regional State's six-month performance review revealed substantial budget shortfalls, achieving only 28.27pc of its targeted revenue. Chief Administrator Arega Kebede reported to the regional council that of the planned 71.65 billion Br for the current fiscal year, only 20.26 billion Br was collected. Despite this, revenue did see a year-on-year increase of four billion Birr. The regional state's tax-to-GDP ratio stands at a low 2.82pc, far below the national average of 7.05pc. Arega...

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Radar

Modern Farming Boosted with New Centre of Excellence

The Agricultural Mechanization Centre of Excellence, built in the Qaliti area with collaboration from South Korea was inaugurated last week. The centre was constructed in seven months at a project cost of 14.7 million dollars funded by the South Korean government. It is expected to serve as a hub for inspecting, controlling, researching, and repairing agricultural mechanization machinery while also providing vocational training to develop skilled personnel in the field. Minister of Agricultur...

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