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

Nov 20 , 2021


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

Ethiopia Buys Time, Not Relief as Creditors Stall on Debt Write-Off

Ethiopia's official creditors expect to finalise a draft restructuring of the country's debt in the coming months, granting the government more time to repay its obligations while avoiding a direct reduction to the initial debt amount. Ethiopia defaulted on its external debt in December 2023, before its leaders announced a preliminary deal in March with its Official Creditor Committee to reorganise 8.4 billion dollars, an essential step in moving beyond sovereign default. Under the agreement...


Radar

Road Injuries Increase by 35pc, with Pedestrians Most Affected

Addis Abeba's streets continue to present fatal risks for pedestrians, who account for 86pc of all traffic fatalities reported in 2023/24. Megenagna emerged as a particularly hazardous area, logging the highest number of fatalities, including 13 deaths. While the number of pedestrian deaths has dipped slightly, overall injuries have surged by 35pc since 2020/21, with eight out of 10 injuries involving those on foot. The Addis Abeba City Administration revised its 13-year road safety strate...


Radar

Awash Insurance Customer Week Discount

Awash Insurance Company(AIC), serving for over 30 years, gives a 25pc discount on Mortgage Redemption Insurance (MRI), Individual Life Insurance, Education Insurance, Workers' Compensation Insurance, and Fire & Lightning Insurance. This was announced during the celebration of Customer Week at their headquarters, on April 7,2025. Jibat Alemneh, CEO of the company said, Vehicles owners that purchased thier cars with full insurance coverage will receive enhanced benefits at no extra cost at...