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




Association Puts Notice on Unhealthy Lifestyle

Apr 29 , 2023


[ssba-buttons]

Over 31.4 billion Br loss is recorded from direct and indirect costs of non-communicable diseases annually, according to a study presented by Health Development and Anti-malaria Association. Panellists in the medical field presented their papers on the growing threat and how to address the problem at a workshop organized by the Association at the Inter Luxury Hotel on Guinea Conakry Street last week. Mussie GebreMichael (MD), a participant from the Ministry of Health, said the health burden of non-communicable diseases is growing at a breakneck pace accounting for 34.2pc of the total number of deaths recorded in 2019. According to Mussie, heart and artillery diseases take the lead at 14pc while chronic respiratory disease follows at 2.5pc and sugar and kidney failure account for four percent of the death toll. He stressed that diseases related to high concentrations of sugar, salt and saturated fat should not be overlooked as unhealthy foods are the factors accounting for 18.3pc of premature deaths.   Editors' Note: This article is updated from its original version on August 30, 2023.


Radar

Freight Forwarders Earn FIATA Diplomas as Sector Eyes Global Stage

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) has graduated a new cohort of professionals from the internationally recognised FIATA Diploma Programme, bolstering efforts to strengthen Ethiopia's logistics and freight forwarding sector. EFFSAA President Dawit Wubshet (PhD) said the association has trained more than 495 professionals since launching the programme. He noted that EFFSAA is working with international partners to expand digital learning and introduce o...


Radar

Parliament Backs Italian, French Loans for Reform, Infrastructure

Parliament has ratified two loan agreements worth a combined 124.6 million euros with the governments of Italy and France, approving both proclamations unanimously during its second emergency session of the fifth parliamentary term. The larger agreement secures a 70 million euro loan from Italy to provide direct budget support for the government's economic reform agenda. The concessional financing carries a 30-year repayment period, including a 16-year grace period, with no interest or servic...


Radar

Ethio Re Seeks Capital Reset for Regional Expansion

Ethiopian Re-insurance Share Company (Ethio Re) is seeking a strategic capital adjustment to support its next growth phase as it marks a decade of operations. CEO Netsanet Lemessa said the company's capital has quadrupled over the past ten years but has declined in foreign currency value. Established in 2016 as the country's first indigenous reinsurer, Ethio Re has retained more than 90 million dollars in foreign exchange for the economy. Its assets have grown from 82 million Br to 5.3 billio...