FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




India Endows Ethiopia with Medical Aid

Aug 22 , 2020


[ssba-buttons]

The government of India has donated 100,000 hydroxychloroquine tablets, lifesaving antibiotics and other essential drugs to the Ministry of Health. The ceremony, which was held at the premises of the Embassy of India on August 21, 2020, was made in fulfillment of India's pledge to help 25 African countries, including Ethiopia, combat the Novel Coronavirus (COVID-19). Earlier this year, the Indian government allowed the export of five million surgical masks upon the request of the Health Ministry. India also previously donated a 64-Slice CT Scan machine to Black Lion Hospital, 1,000tn of rice, two million dollars worth of medicine and 1,000 math and science textbooks. The strengthening of the development partnership cooperation between the two countries was also carried out under the framework of the India Africa Forum Summit (IAFS) III held in New Delhi in 2015. The five-year commitments under this framework include concessional credit worth 10 billion dollars, grant assistance worth 600 million dollars and an India-Africa Health Fund worth 10 million dollars, and 50,000 scholarships.


Radar

Coffee Export Platform Links Ethiopian Roasters with Overseas Consumers

Ethiopian coffee roasters have gained a direct route to international consumers through a multi-brand e-commerce export platform launched by DHL Express Ethiopia and EXM Global PLC. The companies say it is the first platform of its kind in Ethiopia. Bringing together 10 Ethiopian coffee brands in a single digital marketplace, the platform enables overseas customers to order freshly roasted coffee in quantities ranging from speciality retail purchases to larger commercial volumes. DHL Express...


Radar

Addis Abeba Clears 59Km of Rivers, Remains Short of Halfway

Addis Abeba has completed 59Km of river cleanup and development work, although total coverage has yet to reach 50pc. Mayor Adanech Abebe said the 59Km stretch was transformed in one and a half years as she presented a comprehensive review of the city's strategic plan from 2022 to 2026. Mayor Abebe described the progress as a major "breakthrough", saying the work relied entirely on the city's funding, engineers, architects and workers. By comparison, she said, a world-renowned foreign contract...


Radar

Kisse Platform Brings Collateral-Free Microloans Through Agent Network

Mefithe Microfinance S.C., MZ Tech, and Arifpay Financial Technologies S.C. have launched “Kisse”, an agent-powered digital microloan platform designed to expand access to finance for micro and small enterprises. Through trained local agents, borrowers can apply for collateral-free, short-term business loans. Once approved, the funds are transferred to mobile wallets or bank accounts through Arifpay's payment gateway. The partners said loans can be disbursed within hours. Under the par...