Public Broadcaster, Press Agency Get New Bosses

Dec 25 , 2023

A significant reshuffle within Ethiopia's Public media sector saw the appointment of Getenet Tadesse as the new Chief Executive Officer of the Ethiopian Broadcasting Corporation (EBC), following a unanimous approval by federal legislators. His position as chief of the Ethiopian Press Agency has been helmed by Mesafint Tefera. Getnet, an alumnus of Bahir Dar University with an undergraduate degree in journalism and a postgraduate degree from Addis Abeba University in the same field, also studied history. His nearly two-decade-long career in the public media sphere began as a reporter with a public media in the Amhara Regional State, demonstrating a steady ascent through various roles. The top position at EBC became vacant after Fiseha Yitagesu transitioned to another role as State Minister for Trade & Regional Integration, appointed by Prime Minister Abiy Ahmed (PhD). Mesafint brings to the table an academic background, including broadcast journalism from Addis Abeba University and postgraduate studies in agricultural economics from St. Mary University. His appointment follows a tenure as Deputy CEO at the Foreign Policy Study Institute, marking a strategic move in his career within the media industry.


Ministry Secures $86m Grants

An 86.18 million dollar grant agreement was signed between the Ministry of Finance, UNICEF and UNFPA last week to support the agencies' ongoing country programs for the fiscal year. Out of the total grant, UNICEF committed 70 million dollars to support its water, nutrition, education, health, sanitation, child protection, and gender projects. Meanwhile, UNFPA pledged 16.1 million dollars for family planning, maternal health, adolescent and youth development, and gender equality and women empo...


Authority Reports Fuel Import Stats

Ethiopian Petroleum & Energy Authority (EPA) disclosed that 3.2 million tons of fuel were imported into the country during the last fiscal year. The figure includes 2.04 million tons of diesel and 767,672tns of benzene. In the past fiscal year, the digital payment system, Telebirr, facilitated transactions totalling 103 million volumes worth 61.8 billion Br. Of these transactions, 81.39pc were for diesel, while 17.82pc were for benzene. The number of fuel stations increased from 682 to...


Commercial Bank Collects $3.2b in Foreign Currency

The Commercial Bank of Ethiopia (CBE) announced robust performance in foreign currency collection for the past fiscal year, achieving 3.2 billion dollars in total mobilisation. This includes 2.07 billion dollars in remittances, with the Bank's Diaspora banking service and CBE Birr contributing 89.9 million dollars to the total. The performance details were shared during CBE's annual review meeting last week. "This achievement is particularly gratifying given the challenging economic climat...