FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Donors Join Hands to Fight Malnutrition

Jun 27 , 2020


[ssba-buttons]

UNICEF and the World Food Programme have launched a three-year collaborative initiative for the prevention of acute malnutrition in Ethiopia. The initiative focuses on children and mothers in 100 weredas and promotes health and nutrition in 600 schools. The partnership will select vulnerable weredas in Afar, Amhara, Oromia, Southern Nations, Nationalities & People, Somali and Tigray regional states. It is expected to help Ethiopia decrease acute malnutrition in children from nearly 10pc to less than three percent by 2030. There have been signs of increased malnutrition due to COVID-19 and the desert locust infestation, according to UNICEF Country Representative Adele Khodr. This joint effort can support the government of Ethiopia to drastically help prevent the root cause of malnutrition, according to the director. This year, 4.4 million people in the country will require treatment for severe and acute malnutrition – 2.7 million children and 1.7 million pregnant and breastfeeding women. In order for the country to meet the Sustainable Development Goal of eradicating hunger and malnutrition, the annual rate of reduction in acute malnutrition needs to increase ten-fold.


Radar

Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in the Horn of Africa at the Ministry of Agriculture, Biniyam Fantaye and Taye Habte, senior irrigation engineers involved in the Development Response to Displacement Impacts Project (DRDIP-II), as well as private individuals and construction company representatives. The case alleges losses and illicit...


Radar

EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

Ethiopian Investment Holdings (EIH) is relocating its headquarters from its current site on General Wingate Street. The former headquarters was located behind the Ministry of Industry and near Abrehot Library. The new office is expected to be on Mozambique Street, along the route from Mexico Square to Bulgaria Road. The building belongs to one of EIH's subsidiaries, and all departments are set to move there as interior design and finishing works continue. Under the leadership of Brook Taye...


Radar

Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings, supported by trade fairs linking local producers to domestic and international markets. On average, 700 new projects enter the market annually, contributing to more than 2,800 investments over four years. At the grassroots level, 18,000 SMEs have been established, while 993 dormant factories have...