COVID-19 Jab Campaign Hits 20m Mark

Mar 5 , 2022


Over 21 million people had been vaccinated against COVID-19 as of last week. Health professionals have administered close to 26 million doses of COVID-19 jabs since the Ministry of Health kicked off its vaccination campaign last April. The figures are approximately 20pc of the population, a target the Ministry had set for the end of 2021, though much of the inoculations came a couple of months late. Some 192,000 people have also received booster shots, according to the Ministry. Next week will mark two years since the first COVID-19 cases was recorded in Ethiopia. Nearly 470,000 people have contracted the virus during the period, with around 7,500 losing their lives to the pandemic. Infection rates have plummeted over the past few months. Less than one percent of diagnostic tests conducted last week registered positive results.


Radar

Abyssinia Bank Strategic Moves Pay Off, Driving Profit Growth

The Bank of Abyssinia (BoA) enjoyed another profitable year, amassing 4.23 billion Br net profits, an increase of 10.5pc from last year. The Bank announced total assets of 222.3 billion Br, surging by 17.3pc. Total deposits mobilised through the year climbed by 33.97 billion Br to 192.51 billion Br, while loans and advances reached 167.7 billion Br. However, the bank exhibited a nominal decline in its foreign currency earnings totalling 424 million dollars. Earnings per share also showed a ma...


Radar

$100m Project Mulls Public Transportation Make-Over

A 100-million-dollar project aims to manufacture over 5,000 diesel-powered and electric public transport vehicles for the capital. The proposed project was launched hoping to replace the ageing vehicles and improve safety, efficiency and quality across the city's urban transport system. Last week saw an MoU inked between executives of Multiverse Enterprise Plc and Addis Abeba Minibus Associations and was held at Vamdas Entertainment near Megenagna. The agreement includes plans to replace 15,000...


Radar

Safaricom Soars with 6.1 million Customers

Safaricom Ethiopia reported significant commercial growth in the first six months of the 2025 fiscal year (April to September 2024), with notable increases in both mobile (GSM) and M-PESA services. The company's network and services reached a population coverage of 46pc, growing from 30pc in the previous year. This expansion was supported by the addition of over 1,000 network sites, bringing the total to more than 3,000 across the country. Safaricom Ethiopia saw a surge in its customer base,...


Back
WhatsApp
Telegram
Email