LI-WAY, Task Moby Create Jobs for Women, Youth

Aug 1 , 2020


A joint effort between companies and nonprofit organisations has begun creating jobs for 765 women and youth who lost jobs due to Novel Coronavirus (COVID-19). Task Moby and Mercy Corps, have launched a COVID-19 pilot response project under the Livelihood Improvement for Women & Youth (LI-WAY). The Swedish International Development Agency (SIDA) financed the project. The institutions will train and deploy the people to engage in plumbing, electrical work, laundry, cleaning, handywork, technical work, baby care and finishing services. The agreement, which was signed on July 1, 2020, will be supported through 3.6 million Br in financial support from SIDA and will last until August 30. The effort has already trained and deployed 290 and 170 individuals, respectively. Selection of the beneficiaries is done by LI-WAY, and Task Moby, a digital service marketplace, is responsible for giving the training, which will be in providing disinfecting services. The training is conducted in collaboration with iss Norway, a Norwegian cleaning service company, and will include equipping participants with tools and disinfection kits. Task Moby will be responsible for deployment through their own digital platform. LI-WAY, a project launched in July 2017, is implemented through a collaboration of Stichting Nederlandele Vrijwillgers (SNV), Mercy Corps, Techno Serve (TNC) and Save the Children International. The project focuses on job creation for a total of 200,000 women and youth in its five years of implementation.


Radar

Abyssinia Bank Strategic Moves Pay Off, Driving Profit Growth

The Bank of Abyssinia (BoA) enjoyed another profitable year, amassing 4.23 billion Br net profits, an increase of 10.5pc from last year. The Bank announced total assets of 222.3 billion Br, surging by 17.3pc. Total deposits mobilised through the year climbed by 33.97 billion Br to 192.51 billion Br, while loans and advances reached 167.7 billion Br. However, the bank exhibited a nominal decline in its foreign currency earnings totalling 424 million dollars. Earnings per share also showed a ma...


Radar

$100m Project Mulls Public Transportation Make-Over

A 100-million-dollar project aims to manufacture over 5,000 diesel-powered and electric public transport vehicles for the capital. The proposed project was launched hoping to replace the ageing vehicles and improve safety, efficiency and quality across the city's urban transport system. Last week saw an MoU inked between executives of Multiverse Enterprise Plc and Addis Abeba Minibus Associations and was held at Vamdas Entertainment near Megenagna. The agreement includes plans to replace 15,000...


Radar

Safaricom Soars with 6.1 million Customers

Safaricom Ethiopia reported significant commercial growth in the first six months of the 2025 fiscal year (April to September 2024), with notable increases in both mobile (GSM) and M-PESA services. The company's network and services reached a population coverage of 46pc, growing from 30pc in the previous year. This expansion was supported by the addition of over 1,000 network sites, bringing the total to more than 3,000 across the country. Safaricom Ethiopia saw a surge in its customer base,...


Back
WhatsApp
Telegram
Email