Ethiopia's Third Shot at Peace Gets a $6.7m Boost

A 6.7 million dollars to finance the National Rehabilitation Commission (NRC)'s disarmament, demobilisation, and reintegration (DDR) program for nearly 370,000 ex-combatants, was pledged by the Japanese government. The financing will be channelled to the design, implementation and monitoring of the DDR program across eight regional states. Shibata Hironori, ambassador of Japan to Ethiopia, signed the agreement last week at the Ministry of Finance headquarters on King George VI St with Tesfalem Yihdego, deputy commissioner of the Commission and Semerta Sewasew, state minister for Finance. Ethiopia's third DDR program follows a 174-million-dollar effort over five years following the conflict with Eritrea. The first one was a 198 million-dollar project following the fall of the Derg regime 32 years ago. The government began efforts to mobilise funds to finance the DDR programs shortly after a cessation of hostilities agreement was signed in November 2022 after one of the bloodiest wars in the country's history. Temesgen Tilahun, the former deputy commissioner at the Ethiopian Investment Commission (EIC), replaced Teshome Toga last month to head the NRC. The UN Department for Peace-Keeping Operations (DPKO), the UN Development Programme (UNDP), and the World Bank have carried out disarmament and demobilisation processes globally, with 73 implementations since their inception in the 1970s.


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...