Ireland Grants 10m Euros for Safety Net

December 5 , 2018


Ireland Grants 10m Euros for Safety Net

The government of Ireland granted 10.4 million Euros for the productivity safety net program. The program aims to enhance and improve vulnerable and food insecure household livelihoods, resilience to shocks, food security and nutrition. The grant is the result of the agreement signed four years ago between the countries to provide grant funding for the phase IV safety net program, which has been implemented since 2015. The grant agreement was signed by Ahmed Shide, minister of Finance, and Sonja Hyland, ambassador of Ireland to Ethiopia. Just a week ago, Ethiopia received five million dollars from Sweden and 11 million dollars from Norway for forest development and in support of vulnerable youth. Ethiopia and Ireland began their diplomatic relations in 1994.


Radar

Leather Industry Struggles to Meet Expectations

The struggling leather industry managed a little over 33 million dollars in export earnings over the first 10 months of the financial year. It is less than half of officials' aspirations to generate 69 million dollars over the same period, and highlights the troubles faced by the industry over the past few years. Exports from finished leather goods plunged 72pc last year from three years ago. Only eight finished leather manufacturers accounted for 89pc of last year's export earnings, sh...


Radar

Corporation Calls on Suppliers for 200,000tn Sugar Procurement

Executives of the Ethiopian Sugar Corporation have taken steps to procure 200,000tn of sugar from international suppliers. The Corporation had invited shortlisted companies to submit offers, after an attempt to procure the sugar through an international tender went awry. However, officials at the Ministry of Finance instructed its executives to scrap the invitation and proceed to float a second bid. The shortlisted suppliers have also been invited to take part in the bidding process. T...


Radar

TAGGED

Youth in the National Theatre area are waiting for the bus to start moving. They have found a handle to grab and accelerate them ones its starts moving as they ride their skateboard. Although skateboarding is nearly unheard of in Ethiopia, over the past few years, young people have developed a taste for it. Safety, though, leaves a lot to be desired...