Danish Gov't to Donate $4.5m to Humanitarian Efforts

Nov 20 , 2021


[ssba-buttons]

The government of Denmark has announced it will be donating 30 million Danish kroner (4.5 million dollars at current exchange rates) to boost ongoing UN humanitarian efforts in Ethiopia. The UN estimates that some 20 million people are in need of urgent aid in Ethiopia as a result of armed conflict, drought, flooding, insect infestation and the COVID-19 pandemic. Last week, the UN also approved the release of 40 million dollars in funding for emergency operations in Ethiopia. Most of the financing is from the UN's Central Emergency Response Fund while the remaining 15 million dollars is being sourced from the country-based Ethiopia Humanitarian Fund. The money will support aid agencies providing protection and other life-saving assistance to those affected by the conflict in the Amhara, Tigray and Afar regional states.


Radar

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to the Digital Ethiopia initiative. According to a press release, Milkii promotes financial inclusi...


Radar

Ethiopia Partners with UK to Ease Shipping Bottlenecks

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and the British International Freight Association (BIFA) signed a memorandum of understanding (MoU) on May 27, 2025, at Hilton Hotel Addis Abeba, to address skills gaps, customs delays, and corridor inefficiencies in the freight and logistics sector. The partnership focuses on technical cooperation, training, and regulatory reform. With over 90pc of trade dependent on the Djibouti corridor, rising congestion, customs...


Radar

Education Authority Sanctions Mishqen College for Rule Violations

The Education & Training Authority has issued a decisive directive last week, mandating legal action against Mishqen College for persistently defying regulatory orders and unlawfully continuing to offer higher education services. Mishqen College had previously been licensed to conduct undergraduate distance learning programs across multiple regions from 2019 to 2022. However, after serious regulatory breaches, the institution was ordered to cease all instruction, complete pending academic...