New Board Leads Policy Bank

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New Board Leads Policy Bank

Dec 29 , 2018

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The Development Bank of Ethiopia received a new board of directors chaired by former senior staff of the United Nations, Tegegnwork Gettu (PhD). Tegegnework replaced Shiferaw Shigute and another six new board members including Yohannes Ayalew (PhD), director of the state think-tank; Tefera Deribew, former minister of Agriculture; Umer Hussien, current minister of Agriculture; and Mesfin Nemera, a former parliamentarian. Tegegnework served as the Under-Secretary-General for General Assembly & Conference Management at UNDP. Before joining the UN, he was an academic staff member at Columbia University, the University of Rochester and Addis Abeba University. The policy bank was established in 1909 and received its current corporate structure a decade and a half ago.

Radar

CHERRY PICKING

Women around the Koshe area hunt through piles of trash to find scraps of metal to sell. With close to three million people unemployed in the country and a headline inflation of 33pc, unskilled labour is in little demand. Ethiopia has an adult literacy rate of 51pc, with fewer numbers going past high school. Less than three percent of 12th-grade students made it to universities this year while the rest were at the mercy of remedial exams...

JUNGLE CREW

An old wooden car that was part of a commercial campaign by a furniture company around the Beherawi Theatre area. Ethiopia's forest coverage to national land size has been registered at 15pc to the latest data by the World Bank. The current Prime Minister Abiy Ahmed launched an initiative labelled 'Green Legacy' to plant five billion trees in 2020 claiming an 83pc success...

OVER CAPACITY

A young boy attempts to pull a piece of cloth from an overloaded pickup truck around the Ayer Tena area. Observing an unsupervised child on the streets of the capital has become a common sight, with sporadic conflict across the country creating nearly four million internally displaced people. Despite the last census having been conducted 16 years ago, the population of the country is estimated at 120 million...

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