IFC Pledges to Advise Customs Reform

Apr 6 , 2019


A cooperation agreement between the International Finance Cooperation and the Ethiopian Customs Commission has been signed to provide advisory support for reforms in trade logistics. The agreement, signed between Dahlia Khalifa, senior manager at IFC, and Debelle Kabeta, commissioner of Customs, provides a framework for advisory support to be implemented in a three-year program in partnership with the Commission as well as other public and private sector stakeholders. IFC has been working with the former Ethiopian Revenues & Customs Authority to improve the country’s investment climate. The new agreement is a continuation of the previous initiative and will build on the work that has already been done. The new program is expected to improve ECC’s customs risk management, establish streamlined transit and border crossing procedures and implement the national Electronic Single Window (eSW) system.


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Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


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AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


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Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...


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