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Red Cross Provides Inputs, Assistance to Farmers

Jul 2 , 2022


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  The International Committee of the Red Cross (ICRC), its Ethiopia office, and federal authorities have launched an assistance programme for smallholder farmers. The initiative looks to provide agricultural inputs such as chemical fertilisers, and tools, to 65,000 farming households in the Amhara, Oromia, Somali, and Tigray regional states. Project managers says trucks have thus far distributed 2,000 bags of seeds. It amounts to an approximate 1,900 tonnes of sorghum, maize, teff, wheat, and haricot bean seeds. Smallholder farmers have been struggling with skyrocketing fertiliser prices. Unions and cooperatives, which are tasked with distribution after federal agencies import the input, were selling chemical fertilisers for up to 4,900 Br a quintal. Last month, the federal government facilitated billions of Birr in subsidies from federal coffers, sufficient to slash fertiliser prices by a quarter.


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...