Ministry Maintains Ban on Fuel-powered Vehicles

Aug 4 , 2024


The restriction on fuel-powered and three-wheeled vehicles would continue, according to Minister of Finance Ahmed Shide. The circular was rolled out following the Governor of National Bank of Ethiopia (NBE) Mamo Mihretu's announcement which indicated lifting the restriction on 38 commercial items. The Ministry issued a circular to the central bank, the Ministry of Revenues, and the Customs Commission. As Ethiopia propels towards a green economy under the current administration, the use of alternative transportation including electric cars and bicycles has been promoted by the state officials.


Radar

Global Climate Innovators Launch New Campaign

A global campaign featuring up to 50 diverse innovators and their tangible climate solutions across regions, industries, and communities was launched last week. Dubbed the Impact Makers, it is hoped to inspire climate action, innovation and advance solutions. From social entrepreneurs and community leaders to startups, it will be showcased at Climate Week New York City, COP29 in Azerbaijan, and COP30 in Brazil. The campaign focuses on key areas such as energy, transport, industry, land...


Radar

AfDB Country Director Meets Finance Minister

The newly appointed African Development Bank (AfDB) Country Director for Ethiopia met with Minister of Finance Ahmed Shide last week, signing a one million dollar Grant Agreement to support communities affected by recent floods and landslides. Ahmed emphasised the crucial role the AfDB has played in supporting Ethiopia's development efforts, particularly in the infrastructure sector. He stressed the government's need for continued assistance from the Bank to advance its reform agenda. Lean...


Radar

City Gears Up for Pan African Lawyers Union Congress

Over 400 members of bar associations across Africa and representatives from regional and international organisations will convene in Addis Abeba next month for the 14th Pan African Lawyers Union (PALU) Congress. The event is expected to bring together legal professionals from across the continent, under the theme "Africa as a Global Powerhouse: Empowering Minds, Enlightening Paths." PALU is a leading African legal institution comprising over 1,200 members, including national bar associatio...


Back
WhatsApp
Telegram
Email