Gov't Looks to Import Wheat, Sugar

August 28 , 2021

The government is in the process of importing 400,000tn of wheat, aiming to ease skyrocketing inflation, which hit 26pc last month. Around 18,000tn has already arrived and the remaining wheat is expected beginning next month. Moreover, 54 million litres of edible oil and 200,000tn of sugar will be also imported in an effort to stabilise the market. Several efforts to import wheat this year have failed, with a bid for the procurement of 400,000tn of wheat, opened on April 20, 2021, cancelled due to the failure of bidders to meet the technical requirements. Another bid for the same amount floated by the United Nations Office for Project Services in June was also scrapped. Ethiopia imports an average 1.7 million tonnes of wheat annually.


UNDP Nods $2m for National Dialogue

United Nation Development Program (UNDP) has signed an agreement with the Ministry of Finance and National Dialogue Commission, allocating 2.2 million dollars for the upcoming national discussion. Managed by an independent trust fund, and in addition to the annual budget allocated by the Ethiopian government, UNDP is looking to set up a financial buffer scheduling to raise 32.8 million dollars in support funds from development partners over the next three years. The Dialogue Commission was est...


Street Snack

The rainy season is going to be missed for at least one reason: boiled corn on the cob. As the customer captured here, it has been an enjoyable street food for the city's residents to keep them warm. More importantly, it was a livelihood for many street vendors. ...


Stair Shop

A shop and a shoeshine stall have been set up under the stairs of an overhead bridge. In the most crowded parts of Addis Abeba, there is always some type of vendor selling everyday goods, serving the lower-income population...