CORRIDOR FOR ALL


CORRIDOR FOR ALL

Raila Odinga, Kenyan politician, and Vera Songwe, secretary-general of the UN Economic Commission for Africa (UN-ECA), walk with Dagmawit Moges, Transport Minister, at the hall of the headquarter of the ECA on June 28, 2021. The occasion is the signing of the term of reference for the Establishment of a Steering Committee for the Lamu Port, South Sudan, Ethiopia Transport Corridor (LAPSSET) Program. The program, which also includes Kenya, is the largest infrastructure project in East Africa, with seven key components that will see the Lamu port connected with Juba and Addis Abeba.

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Ministry Showcases Arada Branch Revenue Gains

Arada District's Land Development & Administration Branch pulled in over 150 million Br in just 70 days, beating its 90-day target. Most of the revenue came from annual lease collections and service fees. The office also billed 126 property owners for roof and fence valuations, already securing 20 million Br of the expected 46 million Br. Officials issued warnings to 15 allottees slow to start construction and recommended land right revocations in 11 cases. Leaders credited a more efficient...


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Ministry Backs Blended Finance for Micro, Small Enterprises

The United Nations Capital Development Fund (UNCDF) is partnering with Ministry of Finance to expand financial access for micro and small enterprises through blended finance and digital tools. Off-balance-sheet facilities are designed to attract private investors and Development Finance Institutions (DFIs) by reducing risk and improving capital flow. Digital platforms, including mobile money and digital IDs, will lower transaction costs and broaden reach. The initiative supports job creation and...


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National Electricity Network Set for Upgrade

Ethiopia Electric Utility (EEU) plans to expand the national electricity grid by 8,689 km in the 2026 fiscal year, Yohannes Tonja, head of Performance Monitoring and Evaluation, said. The rollout includes 86,789 km of medium-voltage lines, 92,572 km of low-voltage lines, and pre-maintenance on transformers. EEU will also rehabilitate 1,218 km of medium-voltage lines, install 1,893 transformers, and upgrade 308.7 km of low-voltage infrastructure. Operational targets include cutting power interrup...