Council Eyes Separate Funds for Green Legacy Initiative

Jun 11 , 2024

To alleviate federal and regional administrations struggling with limited resources, a proclamation dedicating separate funds for land rehabilitation and service efficiency improvement was approved by the Council of Ministers last week. One fund will support ongoing efforts to restore degraded lands and promote the Green Legacy initiative, a national tree-planting program initiated by Prime Minister Abiy Ahmed (PhD), with an ambitious goal of planting billions of trees each summer. The government hopes to increase the area of restored land and forest development efforts. The other regulation is expected to modernise the Coffee & Tea, and Petroleum & Energy authorities with new technology and skilled personnel, aiming to enhance their service delivery.


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...