Health Ministry Receives Additional Support


The Ministry of Health has acquired a batch of medical equipment to aid the response to the Novel Coronavirus (COVID-19) pandemic from international and local donors. Personal protective equipment (PPE), IR thermometers and hand sanitiser were provided by Engender Health, a nonprofit organisation based in Washington, DC, active in women's health, as well as sexual and reproductive health. The donation is worth 15.5 million Br. An additional 100,000 testing kits were also presented by ByteDance, a Chinese social media company that owns TikTok. The handover ceremony was attended by the ambassador of China to Ethiopia, Tan Jian. The Ministry also received 1.1 million Br worth of PPE, IR thermometers and hand sanitiser from Direct AID Society, a voluntary non-governmental organisation working on development projects. The Lions Club International Foundation, for its part, donated half a million Birr worth of isolation gowns.


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Central Bank's Auction Sends Dollar Soaring to 135 Br

A dollar value against the Birr exceeds 135 during an auction the Central Bank held last week, offering 60 million dollars. Close to 27 banks made their bid where the weighted average was 135.61 Br for a dollar. The National Bank of Ethiopia (NBE) announced the results of the special foreign exchange auction, the second since monetary authorities floated the forex regime in early August last year. Last week's result reflects a weaker Birr than in the first when the average rate was 107.9 Br....


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Ethio Telecom Bids to Dominate Ethiopia's Digital Future

An array of services from digital livestock tracking, push-to-talk/video communications to cloud-based banking, an education management system (EMS), and enterprise resource Planning (ERP) are available from the state-owned Ethio telecom. Ethio telecom has introduced seven new cloud-based digital services last week at the Skylight Hotel, on Africa Avenue (Bole Road), pledging to transform business operations, financial services, and education management. The company said that these solutions...


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Addis International Convention Centre Inaugurates

The much-anticipated Addis International Convention Centre, spanning 40 hectares, was officially inaugurated last week. It is set to become the country's largest conference venue, designed to host both national and international events. The centre features two large halls, each accommodating 3,000 to 4,000 people. It also includes eight smaller meeting rooms, bringing its total capacity to 10,000 attendees. Two hotels, with a combined 1,000-bed capacity, will serve both local and internationa...