Japan Donates 60m Br to Vaccination Efforts

Apr 30 , 2021


Last week, the Japanese government provided an emergency grant of 1.45 million dollars for the procurement of cold chain equipment (CCE) needed for the delivery, transport and storage of COVID-19 vaccines. The finance will be availed through a partnership with the United Nations Children’s Fund (UNICEF). Some 230 mid-level cold chain technicians and 420 health care facility staff will be trained on the operation and maintenance of the CCE and on the use and monitoring of the vaccines. Inoculations have been ongoing since Ethiopia received 2.2 million doses of the AstraZeneca vaccine through the COVAX facility in early March. China also donated 300,000 doses of its Sinopharm vaccine later that month and both are being administered at government health offices across the country.


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Ministry Secures $86m Grants

An 86.18 million dollar grant agreement was signed between the Ministry of Finance, UNICEF and UNFPA last week to support the agencies' ongoing country programs for the fiscal year. Out of the total grant, UNICEF committed 70 million dollars to support its water, nutrition, education, health, sanitation, child protection, and gender projects. Meanwhile, UNFPA pledged 16.1 million dollars for family planning, maternal health, adolescent and youth development, and gender equality and women empo...


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Authority Reports Fuel Import Stats

Ethiopian Petroleum & Energy Authority (EPA) disclosed that 3.2 million tons of fuel were imported into the country during the last fiscal year. The figure includes 2.04 million tons of diesel and 767,672tns of benzene. In the past fiscal year, the digital payment system, Telebirr, facilitated transactions totalling 103 million volumes worth 61.8 billion Br. Of these transactions, 81.39pc were for diesel, while 17.82pc were for benzene. The number of fuel stations increased from 682 to...


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Commercial Bank Collects $3.2b in Foreign Currency

The Commercial Bank of Ethiopia (CBE) announced robust performance in foreign currency collection for the past fiscal year, achieving 3.2 billion dollars in total mobilisation. This includes 2.07 billion dollars in remittances, with the Bank's Diaspora banking service and CBE Birr contributing 89.9 million dollars to the total. The performance details were shared during CBE's annual review meeting last week. "This achievement is particularly gratifying given the challenging economic climat...


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