Land Bank Corp, Architects Ink Deal for Landholding Dev't

Apr 12 , 2020


The Land Bank & Development Corporation has signed an agreement with the Association of Ethiopian Architects to work in partnership for landholding development. The agreement was signed during a virtual meeting between Lensa Mekonnen, CEO of the Land Bank & Development Corporation, and Amanuel Teshome, president of the Association of Ethiopian Architects. The agreement will enable the two parties to co-assess and make baseline analyses of Addis Abeba city development-related plans, designs and strategies. The deal will also enable the duo to conduct international baseline analyses for the development of federal government district offices, including analyses of the re-location of government offices. The two parties will also co-design federal government offices and host workshops on topics pertinent to landholding development in strategically selected city administrations across regional states.


Radar

Coffee Exports Bring in $1.5B in Third Quarter

Ethiopia has earned 1.5 billion dollars from coffee exports over the nine months of the fiscal year. The country had set a target to earn a little over a billion dollars by exporting 201,959tns of coffee during the same period. According to Adugna Debella (PhD), director general of the Ethiopian Coffee & Tea Authority, the export strategy continues to focus on major international markets, with the top 10 destinations, including Saudi Arabia, Germany, and the United States (SU), accounting...


Radar

Central Bank Holds Fourth Exchange Auction

The National Bank of Ethiopia(NBE) sold one dollar for 131.4961 birr in its recent auction. It was reported that 26 banks participated in this auction, which took place last week on Thursday. In a statement issued by the National Bank  following the auction, it was indicated that 70 million dollars was offered for the event. Subsequently, it was reported that 96 pc of the foreign exchange needs of the participating banks were met. In the previous auction, held 15 days ago, the bank had of...


Radar

City Registers 64,075 Births in Fiscal Year

The city has exceeded its birth registration target for the first nine months of the fiscal year, registering 64,075 children—71.15pc more than the set goal of 58,342. This success, with a registration coverage rate of 109.63pc, is largely attributed to the efficiency of the one-centre birth registration service system, which has been rolled out across health centres and courts. The total number of vital events registered, including births, adoptions, marriages, divorces, and deaths, reache...