COVID-19 Treatment Gets Small Boost

Apr 3 , 2021

No less than 35 COVID-19 treatment centres across the country are due to receive much-needed medical equipment financed by the Export-Import Bank of Korea (Korea Eximbank). Officials at the Ministry of Health received ventilators, detection machines, kits, ICU beds, masks and gloves last week from the Korean Economic Development Cooperation Fund. The handover comes as part of a 30-million-dollar loan agreement for a medical equipment provision the Ethiopian government signed with the EDCF in June last year. COVID-19 cases have been rapidly climbing over the last two months, with the infection rate jumping by up to 150pc.


Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...