FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Red Cross Relief Convoy Arrives in Meqelle

Dec 12 , 2020


[ssba-buttons]

The International Committee of the Red Cross has delivered a convoy containing medical supplies and other necessary aid items to Meqelle, capital of Tigray Regional State. The convoy of seven trucks is the first batch of international aid to arrive in Meqelle since the armed conflict erupted in the region over a month ago. It will supply Ayder Hospital, the main referral hospital in the city, with medicines and supplies for the treatment of trauma patients as well as for the continuation of practices such as dialysis, maternity and delivery services. The convoy also contains relief supplies for families that have been displaced by the conflict. The international organisation will be donating medical supplies to the regional health bureau and the Ethiopian Red Cross Society pharmacy in Meqelle, in addition to providing fuel to Ayder Hospital to run its generator. Similarly, the Ministry of Health announced the delivery of medical supplies to health facilities in Meqelle.


Radar

Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in the Horn of Africa at the Ministry of Agriculture, Biniyam Fantaye and Taye Habte, senior irrigation engineers involved in the Development Response to Displacement Impacts Project (DRDIP-II), as well as private individuals and construction company representatives. The case alleges losses and illicit...


Radar

EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

Ethiopian Investment Holdings (EIH) is relocating its headquarters from its current site on General Wingate Street. The former headquarters was located behind the Ministry of Industry and near Abrehot Library. The new office is expected to be on Mozambique Street, along the route from Mexico Square to Bulgaria Road. The building belongs to one of EIH's subsidiaries, and all departments are set to move there as interior design and finishing works continue. Under the leadership of Brook Taye...


Radar

Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings, supported by trade fairs linking local producers to domestic and international markets. On average, 700 new projects enter the market annually, contributing to more than 2,800 investments over four years. At the grassroots level, 18,000 SMEs have been established, while 993 dormant factories have...