ODDA Transport Kicks off Operations

Sep 28 , 2019

ODDA Integrated Transport S.C., the economic wing of the Oromia Regional State, started transport services with 50 cross-country buses. Bought for 400 million Br from Volvo, the 50 buses start service as of September 22, 2019 with a launching ceremony. The inaugural ceremony was attended by Shimels Abdisa, deputy minister of the regional state, Addisu Arega, head of the Office of Central Committee of Oromo Democratic Party (ODP), and Takele Uma, deputy mayor of Addis Abeba. ODDA also inaugurated two of the ten gas stations it has been constructing. The company spent a total of 42 million Br to build the two stations, which created jobs for 100 people. It plans to build a total of 100 gas stations.


Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...