Ethiopian Airlines Assembles Three Helicopters

Oct 24 , 2020


[ssba-buttons]

Ethiopian Airlines Group has completed the assembly of three helicopters to be used in aerial chemical spraying to fight the desert locust infestation. The recent locust invasion, on a scale not seen in at least 25 years, has impacted different parts of the Amhara, Tigray, Oromia, Afar and Somali regional states. The situation is deteriorating in eastern Amhara, southeastern Tigray and eastern Oromia regions, according to the Food & Agriculture Organisation (FAO). The locust invasion is particularly bad in Ethiopia and Somalia when compared to Kenya, where control operations have mostly eradicated the threat throughout the country, according to FAO. Other impacted countries include Djibouti, Eritrea, Sudan and some Gulf countries. Locust control campaigns in southwest Asian countries like India, Iran and Pakistan have contained and mostly eradicated the pests.


Radar

Deposit Insurance Fund Grows to 15.1B Br, Signals Readiness for Crisis Response

Two years into its operations, the Ethiopian Deposit Insurance Fund (EDIF) has grown its asset base to 15.1B Br, reinforcing its role as a critical backstop for depositors and financial institutions alike. The Fund, established under a proclamation by the Council of Ministers, was designed to shield depositors in the event of bank or microfinance collapses. Since its inception, EDIF has focused on collecting premiums from member institutions, investing the funds, and building a system robust...


Radar

Rockefellers 100m Dollars Leap into Regenerative Lunches

As part of the UNFSS+4 High-Level Convening, a thematic session titled "Nourishing the Future through Regenerative School Meals" was held on July 26, 2025, at the Sheraton Addis on Taitu St. It brought together prominent figures including Ethiopia's former Prime Minister Hailemariam Desalegn, former First Lady Roman Tesfaye, and Kenya's First Lady Rachel Ruto. Organised by the Rockefeller Foundation, the event focused on overhauling child nutrition through regenerative agriculture. Sarah Farl...


Radar

Hijra Bank Backs Young Innovators with Awards, Loans

Hijra Bank has awarded five young Ethiopian innovators in the final round of its “Sirara” Creative Spark Awards, selected from over 27,000 applicants. The programme targets practical innovations in agriculture, sustainability, and appropriate technology. Top winner Milkias Ahmed (PhD) received a 300,000 Br prize and a 3 million Br interest-free loan for developing an organic soil conditioner from animal bones. Second and third prizes went to Yusuf Ali and Muhammad Juhar for a crop-harvest...