Ethiopian, Boeing Deliver Humanitarian Supplies

Oct 3 , 2020


[ssba-buttons]

Ethiopian Airlines and Boeing delivered their 40th humanitarian delivery with the new 787 Dreamliner. Totalling 200,000 pounds, the supplies include face masks, sterile gloves to examine bassinets, tables, medicine and wipes. Sourced from Resolute Health Outreach (RHO), the Ethiopian National COVID-19 Response Task Force of Seattle and Embuaa Family, the humanitarian supplies will be distributed to hospitals, clinics and charities in Addis Abeba. Over the past 10 years, RHO has donated 200tn of medical equipment to Ethiopia. “This would not be possible without the help and cooperation of Ethiopian Airlines and Boeing. We are grateful for their commitment to this humanitarian project," said Richard Solazzi (MD), board chair at Resolute Health Outreach.


Radar

State-Owned Enterprises Deliver, But Fund Seeks More from Underperformers

Ethiopian Investment Holdings (EIH), the country's sovereign wealth fund, closed its annual performance review with a mix of strong gains and lingering concerns across its portfolio of state-owned enterprises. Ethiopian Shipping & Logistics led the year with 4.5 million tons of cargo, driving revenues up 90pc and doubling pre-tax profit. Sugar production from Wonji Shoa, Metehara, and Fincha climbed 34.8pc to 163,290 tons, nearly doubling revenues to 15.6 billion Br, though EIH flagged ch...


Radar

MIDROC Cocoa Drive, Local Production Focus on Value Addition

MIDROC Investment Group is placing a bold wager on cocoa in the lowlands of Sheka. Building on extensive trials at the Bebeka Coffee State Farm, the company has introduced globally prized Forastero, Trinitario, and Criollo varieties alongside coffee. "The results are astonishing," said General Manager Beshada Worku, pointing to international prices that range from 8,200 to 14,000 dollars a ton. The project's first phase covers 50 hectares, with 44,000 seedlings already planted. Expansion to ...


Radar

Bureau Maps Out 1,700 Land Rights in a Month

The Rights Registration & Holding Service Directorate under the Bureau of Land Development & Administration prepared over 1,700 landholding certification maps in a single month. The update came during the bureau's July performance review, which measured progress against the upcoming fiscal year's targets. Director Tesfamichael Endale said efforts are being scaled up to give farmers secure land rights and quicker certification. Deputy Head WendwossenBanjaw added that the priority ahead...