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.


E-Consultation Portal Launched to Boost Stakeholder Engagement

An e-consultation manual and portal designed to enhance stakeholder engagement in the drafting of laws before their final ratification stage was launched last week. Developed by the Business Environment & Investment Climate (BEIC) project team, the platform operates under the oversight of the Justice and Technology ministries. It aims to improve transparency, efficiency, awareness, and effectiveness throughout the law formulation and enactment process. According to Belayhun Yirga, stat...


Trade Ministry Changes Guard

Prime Minister Abiy Ahmed (PhD) made a series of appointments last week, assigning Kassahun Goffe (PhD) as the new Minister of Trade & Regional Integration. Kassahun, who previously served as the State Minister, succeeds Gebremeskel Chala, who navigated the country through various trade reforms. The appointment comes amidst an export slump, as Ethiopia has faced major economic and political headwinds over the past few years. The Ministry reported a shortfall of 863 million dollars from it...


Ahadu Bank Savours First Taste of Profits

Ahadu Bank registered a 175 million Br gross profits in the ended year, turning around its financial performance. The two-year-old Bank established with 503 million Br in paid-up capital mobilised from 9,600 shareholders has also managed to double the figure to 1.03 billion Br. Ahadu's total assets have also nearly doubled to 6.3 billion Br, while its operating income soared to 1.15 billion Br from financial services for nearly 700,000 customers. It also expanded its branch reach across the c...