Transport Ministry Joins Tana in Hyacinth Fight

Nov 14 , 2020


The Ministry of Transport has donated close to 12 million Br toward the campaign for the removal of the water hyacinth, an invasive weed also called emboch, in Lake Tana. The donation, contributed from the Ministry and other agencies under its wing, was accepted by Fanta Mandefro (PhD), deputy president of Amhara Regional State, and State Minister for Water, Irrigation & Energy Abraha Adugna (PhD). Water hyacinth, which has been steadily increasing along the Lake, is threatening livelihoods and water flow to irrigation canals. A month-long national campaign aimed at freeing the Lake from water hyacinth will be finalised this week. Lake Tana, the largest lake in the country and the source of the Blue Nile, is the source for 50pc of freshwater. It is an important fishing resource with up to 67 different species of fish, 70pc of which are endemic.


Radar

Coffee Exports Bring in $1.5B in Third Quarter

Ethiopia has earned 1.5 billion dollars from coffee exports over the nine months of the fiscal year. The country had set a target to earn a little over a billion dollars by exporting 201,959tns of coffee during the same period. According to Adugna Debella (PhD), director general of the Ethiopian Coffee & Tea Authority, the export strategy continues to focus on major international markets, with the top 10 destinations, including Saudi Arabia, Germany, and the United States (SU), accounting...


Radar

Central Bank Holds Fourth Exchange Auction

The National Bank of Ethiopia(NBE) sold one dollar for 131.4961 birr in its recent auction. It was reported that 26 banks participated in this auction, which took place last week on Thursday. In a statement issued by the National Bank  following the auction, it was indicated that 70 million dollars was offered for the event. Subsequently, it was reported that 96 pc of the foreign exchange needs of the participating banks were met. In the previous auction, held 15 days ago, the bank had of...


Radar

City Registers 64,075 Births in Fiscal Year

The city has exceeded its birth registration target for the first nine months of the fiscal year, registering 64,075 children—71.15pc more than the set goal of 58,342. This success, with a registration coverage rate of 109.63pc, is largely attributed to the efficiency of the one-centre birth registration service system, which has been rolled out across health centres and courts. The total number of vital events registered, including births, adoptions, marriages, divorces, and deaths, reache...