The Netherlands Bestows Ethiopia with 16m

Jul 25 , 2020


[ssba-buttons]

The Ministry of Finance inked a grant agreement with the Netherlands for just under 16 million euros to finance the Kunzila Integrated Landscape Management and WASH projects. The agreement was signed virtually by Minister of Finance Ahmed Shide and Thijs Woudstra, deputy ambassador of the Netherlands in Ethiopia. The project, signed at the end of last week, is expected to improve agricultural productivity for 22,000 people and employ at least 750 youth. The financial and technical support will also give access to clean water for 22,058 rural and 9,529 urban people in Amhara Regional State. The project will be executed by the consortium of the Water & Land Resource Centre of Addis Abeba University and SNV, a Netherlands-based nonprofit organisation. SNV provides technical assistance and programme implementation in agriculture, WASH and energy sectors and is currently active in eight regional states and two city administrations in the country.


Radar

Fresh Push to Help Farmers Get Covered & Cash In

The Ministry of Agriculture has established the Rural Finance Service Unit (RFSU) to coordinate and expand agricultural insurance nationwide. Announced on Tuesday at the 2025 UNDP Financial Resilience in Agriculture Community of Practice forum (held at the UN Economic Commission for Africa headquarters), the RFSU is supported by UNDP, JICA, and other partners with funding from the Bill & Melinda Gates Foundation. Agriculture Minister Girma Amente (PhD) and State Minister Sofia Kassa attended...


Radar

Mission 300 Gains Momentum as Ethiopia Charts Path to Energy Equity

The Government has developed a National Energy Compact with the goal of achieving universal electricity access by 2030. The strategy, led by the Ministry of Water & Energy (MoWE), outlines Ethiopia's commitment to reaching 100pc energy access for its population within the next five years. According to State Minister for Energy Development Sector Sultan Woli, the compact was prepared in collaboration with key development partners, including the World Bank Group and the African Development...


Radar

Rammis Bank Commences Mobile Application, Card Banking Services

Rammis Bank has launched its mobile banking application and card services as part of its digital expansion drive. The "Rammis Mobile App" was officially introduced during a launch event held on Saturday at the Grand Eliana Hotel. The app allows users to transfer funds at any time, pay bills, top up mobile airtime, and send money to telebirr wallets for themselves or others. The newly introduced card service enables customers to withdraw cash from any ATM and make payments via Point of Sale (P...