Telebirr Surpasses 1b Br Mark in Digital Fuel Payment

May 13 , 2023

Over one billion Birr fuel transactions have been made through Telebirr since the mandatory cashless transaction began two weeks ago. The Ministry of Trade & Regional Integration has announced the value indicates 62pc for Benzine while the rest accounted for Diezel. Telebirr has garnered over 31 million subscribers within the first week of implementation which stood at 27.2 million in January. The nationwide cashless transaction for fuel payment was launched last week. The Ministry announced that a 2.8 million Br transaction was made through Telebirr in Oromia Regional State. According to Seharela Abdulahi, director of the Petroleum & Energy Authority, they have been working closely with officials in the regional state for a smooth operation to regulate the distribution and reduce wasted amounts.


Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...