COVID-19 Cases Spike to Record Highs

Dec 25 , 2021


The number of COVID-19 cases has jumped dramatically over the past week with an average of 2,740 people testing positive each day between December 20, 2021, and December 23. Over one-third of all samples sent to medical laboratories have been coming back positive, though the death toll is far lower than what was observed during the pandemic's third wave between September and October this year. The previous record number of cases recorded in a single day was at the beginning of last April when around 2,370 samples tested positive. Nearly 7,000 people have lost their lives to the virus since March 2020, and around 10 million people have received at least one dose of a COVID-19 vaccine since the Ministry of Health began its vaccination campaign last April.


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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...


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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...


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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...


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