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Resilience Financing Proposal Targets Water Systems, Agriculture, Institutions

Resilience Financing Proposal Targets Water Systems, Agriculture, Institutions

Ethiopia and Japan are backing a 58.1 million dollar climate resilience initiative, with 50 million dollar expected from the Green Climate Fund, positioning the facility at the center of Ethiopia’s adaptation financing drive. The proposed Climate Resilience & Adaptation among Livelihoods in Ethiopia (CRADLE) program, led by the United Nations Development Programme (UNDP) in partnership with the United Nations High Commissioner for Refugees (UNHCR), featured prominently in talks held in Addis Abeba on April 24 between State Minister of Finance Semereta Sewasew and Japanese Ambassador Atsuyuki Oike. Designed to support communities facing mounting environmental shocks, the program would finance climate-resilient water systems, watershed restoration and sustainable agriculture, while strengthening institutional capacity. Officials agreed to accelerate technical preparations and submit the proposal to the Green Climate Fund Board before the end of 2026.

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Addis Ababa Enterprises Tap 3.8b Br in Loans

More than 16,000 enterprises benefited from market linkages worth over 20 billion Br generated by Addis Abeba's Enterprise & Technology Development sector during the 2026-2027 fiscal year. Financing support reached nearly 8,000 enterprises, which accessed more than 3.8 billion Br in loans. Enterprises also generated six billion Birr in savings. More than 14,000 enterprises received industrial extension and technology support. The sector replicated and transferred 241 of the 295 problem...

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Zambia Airways Taps Aman Wole for Growth Drive

Zambia Airways has appointed Aman Wole Gurmu as Chief Executive Officer (CEO), bringing in an Ethiopian Airlines executive with more than 19 years of experience in airline leadership, commercial strategy, sales, market development and strategic partnerships. Aman held several senior positions at Ethiopian Airlines, including Regional Director for Mainland China and Mongolia, Regional Director for France and the Maghreb, Area Manager for Zambia and Director of Sales in Addis Abeba. The Zamb...

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Grade 11 Takes On 11 Vocational Programs

Grade 11 students will begin work- and practice-based vocational training in the 2026/27 academic year under a new initiative covering 11 fields. The programmes span building electrical installation, plumbing, metal technology, automotive technology, garment technology, hotel services, hair and beauty services, food preparation, software development, crop production and healthcare services. They are designed to provide practical skills and knowledge relevant to employment and career opportuni...

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