EU Commits 33m for Risk Reduction

May 11 , 2019


The European Union has pledged 33.5 million euros to be used for disaster risk reduction project. Admasu Nebebe, state minister for Finance, and Erik Habers, head of Cooperation for the European Union Delegation to Ethiopia, signed the financing agreement on May 8, 2019. The project aims at strengthening households, communities and local authorities to manage and adapt to disasters and other risks, reducing their humanitarian and economic impact, forced displacement and irregular migration. The project implementation period is for 54 months. The financing was raised from the EU Trust Fund that pledged 25 million euros and an additional eight million euros from the 11th EDF Health Sector Support Programme.


Radar

Adama-Awash Expressway Construction to Relocate Hundreds of Households

Hundreds of households and thousands of hectares of farmland are poised for relocation for the construction of the Adama-Awash Expressway, with total estimated budget for compensation and related costs amounts to 502.9 million Br. According to environmental and social impact assessment done by Indian firm Aarvee Associates Architects Engineers & Consultants and a local firm Net Consult Plc, Ethiopian Roads Authority, in collaboration with local governments, has prepared a comprehensive Re...


Radar

INSA Unveils New Data Center to Bolster Cybersecurity

The Information Network Security Agency (INSA) has introduced a new data centre that will provide digital certificates for national institutions and private companies, ensuring data confidentiality, integrity, authenticity, and non-repudiation. The digital certificate authority (CA) will serve as a trusted third party, verifying the identity of individuals and organisations involved in digital transactions. This will help prevent fraud, unauthorised access, and other cyber threats. Authori...


Radar

Midroc Gold Expands with Million Dollar Machine Investment

Midroc Gold, a leading company in gold mining industry, has upgraded its operations with the acquisition of new heavy mining equipment, valued at over 1.5 million dollars. The delivery of two Komatsu excavators and a motor grader took place at the Legadembi Midroc Gold mine last week. Midroc is engaged in the extraction and processing of gold through its open and underground pits at the Legedenbi and Sakaro extraction sites, and a processing plant nearby. Ries Engineering, the distributor of...


Back
WhatsApp
Telegram
Email