Japan Extends $2.7m in Food Assistance

July 31 , 2021


Japan Extends $2.7m in Food Assistance

As part of its ongoing economic and social development programmes, the Japanese government has provided 2.7 million dollars of worth of rice to Ethiopia. The assistance comprises approximately 3,300tn of Japanese rice, provided to combat food insecurity due to various factors such as the COVID-19 pandemic. The agreement was signed by Yasmin Wohabrebbi, state minister for Finance, and Ito Takako, ambassador of Japan to Ethiopia, last week. Close to 13 million people in the country are at risk of experiencing crisis- or emergency-levels of food insecurity, according to a report by the United Nations Office for the Coordination of Human Affairs (UN-OCHA).


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...