Gates Foundation Launches Livestock Medicine Supply


Al-Impex Import & Export has begun distributing livestock medicine supplied by the Bill & Melinda Gates Foundation. Al-Impex Import & Export, which is the correspondent for Zoetis, the US-based company, started the distribution of medicine by being a local partner of the Foundation. The two launched the initiative on September 20, 2019. Zoetis launched African Livestock Productivity & Health Advancement Initiative in May 2017 to establish sustainable veterinary diagnostic networks and animal health infrastructure in Uganda, Nigeria, followed by Tanzania and Ethiopia in 2018. Funded by a 14.4-million-dollar grant from the Foundation and co-founded by Zoetis, the initiative aims to improve livestock health and positively impact farmers livelihood in Sub-Saharan Africa. The grant will enable Zoetis to develop veterinary laboratory networks and outreach services to increase the availability of local medicine and services, implement disease diagnostics and strengthen local veterinary expertise. Sub-Saharan Africa has some of the largest livestock populations in the world. Nigeria has 144 million chickens and 131 million ruminants. Ethiopia has 57 million cattle, Uganda has 3.2 million and Tanzania has 107 million livestock.


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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...


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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...


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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...


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