Ethio Chamber Embarks on Market Link Project

Jan 19 , 2024


A project that aims to create a market link for avocado, onion and soybean producers was unveiled last week. Ethiopia Chamber of Commerce & Sectoral Association aims to strengthen the capacity of Agri-Business associations in Amhara, Oromia and Sidama regional states through over half a million euros financed by GIZ. Launched at Inter Luxury Hotel, Tito St. the Agri-Business capacity-building project initiative is hoped to have a potential impact on agriculture focusing on value chains to stabilise the market. According to Melaku Azezew, president of the Association, the year-long project aims to provide training and market research to help the producers explore the international market avenue. He said they plan to conduct research and discussions and put forth proposals to the policymakers.


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...