Italy Blesses Ethiopia with 28.7m

Mar 7 , 2020


The government of Ethiopia has secured a loan and grant agreement from the government of Italy worth close to 28.7 million euros. Out of the total funding, 12.7 million euros is a grant, while the remaining 16 million euros is a loan. Agro-industrial development, strengthening the health system with special attention to issues concerning gender and nutrition, urban natural resources management, and education and job creation are the five implementing agreements of the funds. Admassu Nebebe, state minister for Finance, and Arturo Luzzi, the ambassador of Italy to Ethiopia, signed the agreement on March 5, 2020. Out of the funds, the Sustainable Development Goals Performance Fund took 10 million euros, while improvements in skill development and job creation under the TVET programme received five million dollars each. Riverside development projects, development of the Moringa Value Chain in SNNPR and projects to reduce geographical inequalities in four developing regions took the remaining funds.


Radar

BLOOM-MELON

Addis Abeba strives to be a city of distinction with a glamorous look. But lately, most parts of the city are overwhelmed by informal street vendors. Underneath the bridge around La Gare, commonly known as Lagahar, a street vendor sells pieces of watermelon from a mobile pushcart. Watermelon is a flowering plant species with more than 1,000 varieties worldwide. It lowers high blood pressure and cholesterol levels when taken regularly. Ethiopia exported 483tns of watermelon to Djibouti in 2018, w...


Radar

THE CITY'S PULSE

Since its establishment during the reign of Emperor Haile Selassie, Meskel Square, on the interseciotn of Africa, Ras Mekonen and Jomo Kenyatta avenues, has been one of the landmarks of Addis Abeba. Having been the site for public gatherings, rallies and festivities like (Meskel celebration), the Square laid out a somewhat classy atmosphere to the city and has become a recreational centre with a mesmerizing look. Following the Beautifying Sheger Initiative, the refurbishment of the Square was in...


Radar

SOOTHING RIDES

Addis Abeba's Stadium neighbourhood has been home to driving and cycling trainees for decades. Homeless children favour the location for its open spaces and high traffic. They ride rented bikes around on a school day. Pangs of hunger are numbed out by riding in circles on top of colourful bikes for the children. They were escaping vicious cycles of poverty on top of bicycles, if only for minutes...