Forum to Advise on Construction Permits

Feb 6 , 2021


A public-private advisory forum on construction permit reform for the Addis Abeba City Administration was launched earlier last week. It is comprised of individuals from professional associations such as the Ethiopian Civil Engineers Association, the Ethiopian Construction Builders Association and other players from the construction industry. The forum consists of 25 members and is chaired by Helawi Sewnet, director-general of Addis Abeba Infrastructure Integration, Construction Permit & Control Authority and Amanuel Teshome, president of the Association of Ethiopian Architects. This initiative is a critical first step in forging a public-private collaborative engagement to streamline the building permit process and reduce the pain points of its members in their respective architecture practices, according to Amanuel. The current forum will be effective for a year and is expected to put forth advisory solutions to curb issues in the provision of building permits in the capital.


Radar

Ministry Secures $86m Grants

An 86.18 million dollar grant agreement was signed between the Ministry of Finance, UNICEF and UNFPA last week to support the agencies' ongoing country programs for the fiscal year. Out of the total grant, UNICEF committed 70 million dollars to support its water, nutrition, education, health, sanitation, child protection, and gender projects. Meanwhile, UNFPA pledged 16.1 million dollars for family planning, maternal health, adolescent and youth development, and gender equality and women empo...


Radar

Authority Reports Fuel Import Stats

Ethiopian Petroleum & Energy Authority (EPA) disclosed that 3.2 million tons of fuel were imported into the country during the last fiscal year. The figure includes 2.04 million tons of diesel and 767,672tns of benzene. In the past fiscal year, the digital payment system, Telebirr, facilitated transactions totalling 103 million volumes worth 61.8 billion Br. Of these transactions, 81.39pc were for diesel, while 17.82pc were for benzene. The number of fuel stations increased from 682 to...


Radar

Commercial Bank Collects $3.2b in Foreign Currency

The Commercial Bank of Ethiopia (CBE) announced robust performance in foreign currency collection for the past fiscal year, achieving 3.2 billion dollars in total mobilisation. This includes 2.07 billion dollars in remittances, with the Bank's Diaspora banking service and CBE Birr contributing 89.9 million dollars to the total. The performance details were shared during CBE's annual review meeting last week. "This achievement is particularly gratifying given the challenging economic climat...


Back
WhatsApp
Telegram
Email