Japan Pledges 2.8m Br for Training

Jan 31 , 2021


Japan granted 2.8 million Br for the expansion of a garment training centre at Selam Children's Village (SCV), a nonprofit organisation, earlier this week. The funds will go toward the construction of a vocational training building. Funneled through the Japanese Grant Assistance for Grassroots Human Security Projects (GGP), the project is expected to double SCV's textiles training capacity to 240 trainees a year. Yamato Sewing Machine Manufacturing Co., a Japanese firm, will donate 10 sewing machines to the nonprofit upon completion of the building's construction. This marks the Embassy's second round of donation to SCV. It also provided the financial support for the launch of the garment training centre in 2015. Japan has implemented over 400 projects across Ethiopia through the GGP since the initiative was introduced in 1989. Selam Children's Village was founded in 1986 to support orphaned youth and has since expanded its operations to include vocational and educational training programmes.


Radar

Ethiopia Buys Time, Not Relief as Creditors Stall on Debt Write-Off

Ethiopia's official creditors expect to finalise a draft restructuring of the country's debt in the coming months, granting the government more time to repay its obligations while avoiding a direct reduction to the initial debt amount. Ethiopia defaulted on its external debt in December 2023, before its leaders announced a preliminary deal in March with its Official Creditor Committee to reorganise 8.4 billion dollars, an essential step in moving beyond sovereign default. Under the agreement...


Radar

Road Injuries Increase by 35pc, with Pedestrians Most Affected

Addis Abeba's streets continue to present fatal risks for pedestrians, who account for 86pc of all traffic fatalities reported in 2023/24. Megenagna emerged as a particularly hazardous area, logging the highest number of fatalities, including 13 deaths. While the number of pedestrian deaths has dipped slightly, overall injuries have surged by 35pc since 2020/21, with eight out of 10 injuries involving those on foot. The Addis Abeba City Administration revised its 13-year road safety strate...


Radar

Awash Insurance Customer Week Discount

Awash Insurance Company(AIC), serving for over 30 years, gives a 25pc discount on Mortgage Redemption Insurance (MRI), Individual Life Insurance, Education Insurance, Workers' Compensation Insurance, and Fire & Lightning Insurance. This was announced during the celebration of Customer Week at their headquarters, on April 7,2025. Jibat Alemneh, CEO of the company said, Vehicles owners that purchased thier cars with full insurance coverage will receive enhanced benefits at no extra cost at...