UK Endows Ethiopia with £120m

Aug 24 , 2019


The government of the United Kingdom has pledged 120 million pounds worth of grants to Ethiopia. The agreements were signed at the Ministry of Finance between Admasu Nebebe, state minister for Finance, and Aloka Sharma, secretary of State for International Development, on Friday, August 23, 2019. A first grant amounting to 95 million pounds will be used to finance the Strengthening Climate Resilient System for Water, Sanitation and Hygiene Service. The project aims to improve access to climate-resilient water, improve sanitation services and good hygiene practices for 1.2 million people in the prioritised drought-affected areas of Ethiopia. The second grant, which amounts 25 million pounds, will be used to finance phase four of the Ethiopian Productive Safety Net Program, which aims at increasing access to safety net and disaster risk management systems, complementary livelihoods services and nutrition support for food-insecure households in rural Ethiopia.


Radar

Ministry Ponders Tax Waivers for Rural Energy Solutions

Tax exemptions for off-grid energy technologies like solar pumps and mini-grids are under discussion, spearheaded by the Ministry of Water & Energy. Commonly used by rural households, officials disclose their simultaneous plan to develop 300 mini-grids in the next six years. According to Birhanu Weldu, the lead executive of rural energy technology development, the initiative tackles the country's low electrification rate and reliance on charcoal and firewood. Charcoal, fuel wood, and...


Radar

Rural Land Proclamation Comes to Light

A landmark legislation that grants title holders in rural areas the right to use the property as collateral was unanimously ratified by Parliament last week. It primarily focuses on extending access to finance for farmers and pastoralists, through a structured land title system. It also introduces criminal penalties for the illegal transfer of property. Replacing the 18-year-old proclamation for rural land management, the law sentences individuals engaging in land invasions and unauthoris...


Radar

Ethiopian Unveils $50m Domestic Terminal Renovation

With a rising demand for domestic travel, Ethiopian Airlines has renovated its terminal at Addis Abeba Bole International Airport with 50 million dollars to handle customers. The expanded terminal has doubled its previous size to 25,750Sqm and accommodates 200 daily flights to and from 22 domestic destinations. It includes four contact gates, 10 remote departure gates, 22 check-in counters with automated baggage screening systems, shops and restaurants. The terminal also features a dedica...


Back
WhatsApp
Telegram
Email