Ethiopia Signs $4.3m Agreement with Sweden

Oct 26 , 2019

The Kingdom of Sweden is supporting the national election of Ethiopia with 4.3 million dollars that will be used for the programme entitled “Supporting Elections for Ethiopia’s Democracy Strengthening Project,” which is going to be implemented by the United Nations Development Programme between 2019-2022. The project aims at strengthening such democratic and oversight institutions as the House of Peoples' Representatives, National Election Board of Ethiopia and the Office of the Federal Auditor General to enable them to perform core functions for improved accountability, participation and representation to realise democratic elections and gender equality in the country. The agreement was signed on October 21, 2019, between the Federal Democratic Republic of Ethiopia and the government of Sweden at a ceremony held at the Ministry of Finance.


Premier Pushes Domestic Drug Production

A six-day domestic pharmaceutical production and innovation expo was inaugurated by Prime Minister Abiy Ahmed (PhD) last week. More than 110 local pharmaceutical manufacturers participated at the Millennium Hall on Airport Road. Recently appointed Minister of Health Meqdes Daba (MD), said local production of pharmaceuticals has become a cornerstone of health policy, which received approval from the Council of Ministers a month ago. However, a report from the Global Fund For Health last year r...


AFDB Lauds $8m for Solar Mini-Grid

Around half a million people foresee benefits from the pilot mini-grid built across nine sites in Amhara, Oromia, Sidama, and the Southern regional states. African Development Bank Group has approved eight million dollars in finance to support the project under the Distributed Renewable Energy & Agriculture Modalities (DREAM) program. The DREAM project, with a total budget of 20 million dollars through concessional loans, grants, and risk mitigation, will cover half of the mini-grid capital...


Parliament Approves $275m Loan for Urban Project

A  275 million dollar loan agreement was approved by Parliament last week, to support the second phase of the Urban Water Supply & Sanitation Project. Set to be implemented over the next three years, the project follows negotiations between Ethiopia and the International Development Association (IDA). The Chief Whip Tesfaye Beljige (PhD), presented details of the loan agreement to lawmakers and said that the project focuses on enhancing the supply of clean drinking water and improving sa...