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




Consortium Launches 82.1m Br Education Programme

Jan 31 , 2021


[ssba-buttons]

The United Nations International Children's Emergency Fund (UNICEF), along with the Ministry of Education and a consortium of development and aid organisations, has launched an 82.1-million-Br programme aimed at delivering education to children impacted by the crisis in Oromia Regional State. The project, which entails the renovation of school infrastructure damaged through conflicts, aims to operate conventional pre-school and primary along with accelerated speed school classes. The programme targets to reach over 8,200 children in the first year, with the bulk of the budget, 58.8 million Br, allocated for that period. Geneva Global Ethiopia, the country office of a US-based philanthropy consulting firm, is the head of the consortium that won the competitive bid for the education project. The seed funding will be provided by UNICEF through Education Cannot Wait (ECW), a global fund dedicated to education in emergencies. The first phase of the programme, which will span three years, involves delivering quality education to over 30,000 children in five weredas in Oromia Regional State over three years with an additional year of programme management activities. Geneva Global Ethiopia, along with its implementing and technical partners, will focus efforts toward better educational results and reintegrating out-of-school children, especially girls and children with disabilities, according to Samuel Asnake, GGE country director.


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...