European Aid Organisation Completes Year-Long Project

Mar 20 , 2021


People in Need (PIN), a non-governmental organisation founded in 1992, has announced the completion of a year-long project that aided more than 100,000 internally-displaced people, returnees and host communities in the Oromia and Southern regional states. The project was funded by European Union Civil Protection & Humanitarian Aid Operations together with the Czech Development Agency. Launched in April 2020, it was designed to address water, sanitation and hygiene needs in camps where internally-displaced people are hosted. PIN provided emergency shelter kits to over 3,000 vulnerable households, benefitting an estimated 15,550 people. The organisation also distributed WASH kits, which included basic sanitary materials such as soap and washbasins, to 2,900 households. Ten shallow wells and two boreholes were also disinfected and rehabilitated as part of the efforts to improve hygiene. Multi-purpose cash transfers were made to over 1,000 households to help them cover their basic needs without having to liquidate their productive assets. The project also involved raising awareness on healthy hygiene practices to prevent the spread of diseases, including COVID-19, through campaigns.


Radar

Ethio Telecom Launches New Marketplace with Cash-Back Guarantee

Ethio Telecom has launched Zemen Gebeya, a nationwide digital marketplace integrated into the telebirr SuperApp, offering a secure platform for consumers and businesses to trade goods and services. The platform includes a built-in escrow service, allowing payments to be held temporarily until the buyer confirms delivery. If a product is not delivered or the buyer is dissatisfied, the payment is returned—creating a cash-back guarantee model designed to build trust in online transactions. Lau...


Radar

Ethiopia-Israel Business Forum Opens Doors to Investment Opportunities

The Ethiopia-Israel Business Forum took place last week at the Hyatt Regency Addis Abeba, bringing together Ethiopian government officials and investors from Israel. Officials presented a range of investment opportunities, while Israeli investors expressed interest in entering the market. The forum opened with remarks from the foreign ministers. Gedion Timotheos, Ethiopia's Minister of Foreign Affairs, used his address to extend a formal invitation to the Israeli business community, stressing...


Radar

National Bank Injects Millions Through Foreign Currency Auction

The National Bank of Ethiopia (NBE) is continuing its push to stabilise the foreign exchange market, injecting millions of dollarss into the economy through a series of currency auctions. According to official data, the latest auction was held on May 7, 2025, during which 60 million dollars was supplied to 16 participating banks at an average exchange rate of 132.9643 Br per dollar. In the previous month, the NBE held two auctions: 70 million dollars was offered on April 16 to 26 banks at an...