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.


Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...