German Boost for Agriculture, Small Business Growth


German Boost for Agriculture, Small Business Growth

Ethiopia and Germany have signed grant agreements totaling approximately 33 million dollars to support two initiatives: "Increasing Productivity through Innovation in Agriculture II" and "Promotion of Ethiopian Private Sector II." The agricultural initiative, in its second phase, focuses on financing options to import advanced machinery like tractors and harvesters, aiming to boost productivity and economic growth in the sector. The second initiative targets improved financial access for micro, small, and medium enterprises (MSMEs), especially those owned by women and youth, to promote job creation and inclusive growth. Semereta Sewasew, state minister of Finance, held a signing ceremony last week with KfW Development Bank CFO Bernd Loewen. The Bank has invested over 1.1 billion dollars in Ethiopia to support various development initiatives, including reforestation, conservation, and vocational education. It stated that over 100,000 people have benefited from investments in vocational schools and teacher training.

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Radar

Ministry Showcases Arada Branch Revenue Gains

Arada District's Land Development & Administration Branch pulled in over 150 million Br in just 70 days, beating its 90-day target. Most of the revenue came from annual lease collections and service fees. The office also billed 126 property owners for roof and fence valuations, already securing 20 million Br of the expected 46 million Br. Officials issued warnings to 15 allottees slow to start construction and recommended land right revocations in 11 cases. Leaders credited a more efficient...


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Ministry Backs Blended Finance for Micro, Small Enterprises

The United Nations Capital Development Fund (UNCDF) is partnering with Ministry of Finance to expand financial access for micro and small enterprises through blended finance and digital tools. Off-balance-sheet facilities are designed to attract private investors and Development Finance Institutions (DFIs) by reducing risk and improving capital flow. Digital platforms, including mobile money and digital IDs, will lower transaction costs and broaden reach. The initiative supports job creation and...


Radar

National Electricity Network Set for Upgrade

Ethiopia Electric Utility (EEU) plans to expand the national electricity grid by 8,689 km in the 2026 fiscal year, Yohannes Tonja, head of Performance Monitoring and Evaluation, said. The rollout includes 86,789 km of medium-voltage lines, 92,572 km of low-voltage lines, and pre-maintenance on transformers. EEU will also rehabilitate 1,218 km of medium-voltage lines, install 1,893 transformers, and upgrade 308.7 km of low-voltage infrastructure. Operational targets include cutting power interrup...