IGAD Receives COVID-19 Relief

Sep 6 , 2020


[ssba-buttons]

The Intergovernmental Authority on Development (IGAD) has received support from six partnering organisations amounting to 60 million euros to combat the Novel Coronavirus (COVID-19) pandemic. The initiative, funded by the European Union (EU), involves German development agency GIZ, International Organisation for Migration (IOM), TradeMark East Africa (TMEA), UNICEF and UNOPS. The initiative is primarily aimed at increasing access to health and socioeconomic support for vulnerable groups. The eight countries under IGAD will receive the support as part of the EU’s Team Europe Global Response Package for partnering countries and will reach twenty cross-border communities, six refugee camps and five migrant refugee centres in the region. It is expected to provide health services to more than 400,000 people and provide critical water, sanitation and hygiene supplies to over 500,000 people. The partnering organisations will support the programme by procuring essential personal protective equipment, creating safe trade zones, and promoting digital solutions for the response to the pandemic.


Radar

Construction Sector Faces 'Serious Trouble,' Minister Warns

The construction industry in Ethiopia is in "serious trouble," said Chaltu Sani, Minister of Urban & Infrastructure Development, citing major challenges with finance, competitiveness and material costs. Speaking at the opening of the BIG 5 Construct Ethiopia expo and the inaugural East African Infrastructure & Water Expo at Millennium Hall last week, Chaltu stressed the need for concerted efforts from government, private sector, and international partners to support the 67 billion dol...


Radar

Wegagen Bank, Gift Real Estate Partner to Promote Diaspora Homeownership

Wegagen Bank S.C. and Gift Real Estate Plc. signed a Memorandum of Understanding (MoU) on June 23, to offer housing loans for homebuyers, with a special focus on the Ethiopian diaspora. The agreement enables eligible diaspora members to access loans covering up to 80pc of a home's value at reasonable interest rates. The bank's Deputy CEO Kidane Gebreselassie noted the deal will promote the real estate sector and expand homeownership options. Founder and CEO of Gift Real Estate, Gebreyesus Igata...


Radar

Jimma University Signs Sports Science Agreement to Strengthen National Programmes

Jimma University has signed a four-party Memorandum of Understanding (MoU) with the Ethiopian Academy of Sciences, Derartu Tulu Sports Training & Research Institute, and the Oromia Youth & Sport Bureau to advance Ethiopia's sports science and training capacity. Signed on June 26, the agreement includes joint research, shared facilities, and hosting of national and international competitions. It is expected to strengthen youth development, public health, and national pride through coor...