Multi-Donor Project Funds Displaced Kids

Dec 7 , 2019


[ssba-buttons]

Education Cannot Wait (ECW), a global fund for education, announced a 27-million-dollar investment to support the delivery of education for more than 750,000 displaced people in Ethiopia. The funding, which was announced on December 5, 2019, will support the implementation of a new multi-year resilience programme developed by the Ministry of Education. The grant is designed to activate resource mobilisation efforts from donors, civil society organisations, the private sector and philanthropic foundations to fully fund the programme, which will cost an estimated 161 million dollars over three years. The programme will reach 380,000 boys and 365,000 girls, including 74,600 children with disabilities. To address the issue of high drop out rates of Ethiopian students in grade one, the programme focuses on early childhood education and providing improved educational opportunities for 213,000 pre-primary and 532,000 primary school-aged children. The programme will be led by the Ministry of Education in partnership with Save the Children International, UNICEF, Education Cannot Wait and the Education Cluster.


Radar

New Directive Hikes Service Fees for Foreign Investors in Free Trade Zones

The Ethiopian Investment Board has issued a new directive revising the service fees from foreign investors payable in dollars to the Ethiopian Investment Commission (EIC), introducing updated rates for both the One Stop Shop and designated Free Trade Zones. The revised directive came into effect this April following its publication on the websites of the Ministry of Justice and the EIC. Issued pursuant to Article 23 of the Special Economic Zone Proclamation, the directive outlines charges for...


Radar

City Tables 350B Br Budget Plan for Upcoming Fiscal Year

The City Administration has approved a resolution to submit a proposed budget of 350 billion Br for the 2025/26 fiscal year to the City Council for deliberation. According to the Administration's statement on its official social media page, the draft budget is designed with a central focus on poverty reduction, encompassing targeted subsidies for sustainable development, investment in large-scale job-creating projects, and enhanced service delivery to address the growing demands of the reside...


Radar

Ethiopia, UN Launch Joint Plan to Drive Development Through 2030

The Ethiopian government and the United Nations (UN) have signed a five-year development plan outlining national priorities from 2025 to 2030. Signed on June 20 at the Ministry of Finance, the United Nations Sustainable Development Cooperation Framework (UNSDCF) with implications that it aligns with Ethiopia's reform goals and the Sustainable Development Agenda. The plan is backed by a projected 6.5 billion dollars, though only 1.5 billion dollars is currently secured. It focuses on closing t...