Hospital Services Resumed in Tigray Regional State

Jan 7 , 2023

Eight hospitals and 26 health stations have resumed basic service to the community in Tigray Regional State. Ayele Teshome, state minister for Health, said that within a few days of the operation, over 83,000 people have received health services through hospitals and health centres. He said that close to 225tns of health facilities amounting to over 200 million Br was delivered by the federal government and partners. He stressed that activities are underway to send Ambulances purchased by partners to the regional state. He said the effort is being exerted to reopen blood banks and oxygen manufacturing centres. With the efforts of the government and various partners, essential medical items, emergency medicines and surgical equipment, as well as related necessities, have been delivered to meet the needs of thousands of people.


DDR Initiative Gets 16m Boost

A 16 million euro initiative to facilitate the disarmament, demobilisation, and reintegration (DDR) of nearly 370,000 ex-combatants was launched last week. Financed by the European Union (EU) the program will be implemented across eight regional states. It is overseen by the National Rehabilitation Commission (NRC), the agreement was signed at the Ministry of Finance's headquarters on King George St. Key figures including Semereta Sewasew, state minister for Finance; Teshome Toga, commissioner...


Central Bank Launches Youth Enterprise Forum

A financial education program targeting youth and Medium & Small Enterprises (MSMEs) was launched by the National Bank of Ethiopia (NBE) last week. It aims to equip interested trainees with personal and professional knowledge through experts from banks and microfinance institutions who will provide comprehensive training. The training modules, developed in collaboration with The First Consult and BRIDGE, cover several angles of financial literacy, including deposits, digital financial servic...


ArifPay Takes a Leap with Massive Capital Boost

Shareholders of ArifPay Financial Technologies S.C. have taken a significant stride by resolving to raise the company's paid-up capital to 300 million Br. The decision doubles down from the current 140 million Br marking a substantial increase. ArifPay, was established by 142 shareholders and secured the distinction of being the first payment operator licensed by the National Bank in 2021. CEO Bernard Laurendeau emphasised the critical timing of this capital increase, aligning with the company...