Half a Billion Birr Flood Management Project Onboards Contractors

Jun 30 , 2024


Five local contractors have entered into a 515 million Br deal with the Ministry of Water & Energy for flood risk management projects in Oromia and Afar Regional States. Habib Hussein Construction, Wada Engineering & Alison Fromsa Construction, Habib Hussein Water Works Construction, Solomon Tadesse Water Works Construction and  Aklasia General Water Works Corporation signed the deal with State Minister for Water & Energy Adugna Bekele(PhD). The projects signed off at the Ministry's headquarters on Haile Gebre Silase St will be distributed across seven high-risk areas in the two regions. Adugna underscored the importance of developing flood risk management mechanisms in the future due to the accelerated risks posed by climate change. His comments stem from heavy rainfall across East Africa in the past few months, which disrupted the lives of 70,000 people in Ethiopia. According to the latest report by the United Nations Office for the Coordination of Humanitarian Affairs, severe climate events (drought and flooding), conflicts, and disease outbreaks continued to cause displacement and push millions of people into acute food insecurity, high levels of malnutrition, and public health emergencies.


Radar

Dashen Bank Rolls Out Mobile Payment Solution

Dashen Bank has introduced a new digital payment service that allows customers to pay for fuel with ease using the Dashen Super mobile app. The service was officially launched on May 13 and is now available at every fuel stations. According to the bank, the Dashen Super app enables users to make payments in just three clicks, offering a fast and convenient alternative to traditional payment methods. Dashen Bank announced that it plans to expand the service across all fuel stations in the coun...


Radar

Four Key Agreements Passed in Parliaments 29th Regular Session

In its 29th regular session of the fourth year, Ethiopia's 6th Parliament approved four key agreements: two loan deals, the establishment of a finance corporation, and an air transport agreement. Assistant Minister of State for Finance, Meseret Haile, introduced the proposed loan agreements and requested they be sent directly to a second reading for discussion and approval. Parliament accepted the request and proceeded with a detailed discussion on the draft proclamations. Members of Parli...


Radar

New Pact Targets Rural Road Links, Food Security Goals

The Ministry of Urban Development and Infrastructure has signed an agreement with several federal institutions to launch a major project targeting rural connectivity and food security. At the signing ceremony, State Minister Yetmegeta Asrat represented the Ministry alongside officials from the Federal Ethics and Anti-Corruption Commission, the Federal Public Procurement and Property Authority, the Environmental Protection Authority, and Helvetas Ethiopia. A separate agreement was also signed...