New Hospital Breaks Ground for $300m

Nov 9 , 2019


[ssba-buttons]

The Addis Abeba Silk Road General Hospital began giving service last week. Inaugurated by Amir Aman (MD), minister of Health, on November 5, 2019, the Hospital includes operating rooms, training centres, an outpatient department and emergency rooms. The Hospital was constructed for 300 million dollars and took 13 months to finalise. The Hospital was built in partnerships with Chinese investors and is dedicated to improving Chinese and Ethiopian relations under the Belt & Road Initiative. China is mostly involved in the construction industry of the country. There were 400 hospitals in operation as of September of this year. There were 52 hospitals in Addis Abeba as of 2014, 12 of which were state run. With just nine doctors for every 100,000 people, the country also has 16,765 nurses and 1,379 midwives. The number of health posts, health centres and hospitals increased by 16pc, 33pc and 108pc in the first half of this decade, according to the United Nation’s Children Fund (UNICEF). Ethiopia also recently received a hospital in Woliso, a town located 110Km from the capital, which was built for 120 million Br. It was the first public hospital for the town.


Radar

Ethiopia Unveils Consortium to Insure Millions of Farmers

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula Advisors and five major Ethiopian insurers. AICE plans to promote climate resilience through insurance bundled with the government's input voucher system. Leveraging AI platforms like Mavuno and PIE, it plans to standardise products, lower costs, and expand coverage to over 200 woredas. With agricu...


Radar

New Coopbank Partnership Targets Youth Economic Empowerment

The Cooperative Bank of Oromia (Coopbank) has signed a strategic agreement with Melka Ethiopia to provide loan services to over 120,000 young men and women nationwide. The partnership plans to promote youth economic empowerment by expanding access to finance and creating jobs, with a strong focus on rural and underserved areas. Both institutions held joint discussions to explore ways to improve youth livelihoods and financial inclusion. By closing access gaps, the partnership is expected to help...


Radar

Ethiopian Netpreneur Program Training Kicks Off

The Ethiopian Netpreneur 2025 Training Program has officially launched its first cohort in Addis Abeba with 64 entrepreneurs beginning their first round of training. Organised by the Global Digital Talent Academy, the initiative plans to empower local business owners, startup founders, and digital sector players with global-level e-commerce skills. At the launch event, Innovation and Technology Minister Belete Mola (PhD) urged participants to leverage the opportunity to build networks and shape...