FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




US Avails Potable Water in Afar

Oct 5 , 2019


[ssba-buttons]

The United States Agency for International Development (USAID), in collaboration with DuPont Water Solutions, built a water well for the community in Serdo, Afar Regional State. The well was inaugurated on October 2, 2019, with the presence of Michael Raynor, the United States Ambassador to Ethiopia, and Awol Arba, president of Afar Regional State. The water well will provide water to over 2,000 people in the area. USAID’s Lowland Water, Sanitation and Hygiene (WASH) project, in collaboration with DuPont Water Solutions and the Afar Water and Irrigation Resource Development Bureau, installed a reverse osmosis water system featuring a standalone cooling tower. The USAID's WASH project has reportedly built 25 community-water supply systems and rehabilitated 91 water systems over the past few years, providing access to safe drinking water for more than 200,000 people living in the area where water is scarce.


Radar

Creditors Open Way for Ethiopia's Eurobond Restructuring

Ethiopia has cleared a key hurdle in restructuring its one billion dollar Eurobond after the Official Creditor Committee (OCC) approved the latest agreement with private bondholders. The OCC said the deal meets its “comparability of treatment” principle, allowing the government to proceed with restructuring the bond, which matured in 2024. The approval follows renewed negotiations after official creditors rejected an earlier agreement reached in January. Under the new agreement, reache...


Radar

University Cutoff Leaves Most Exam Takers Behind

Only 70,544 students, or 12.8pc of those who sat the Ethiopian Secondary School Leaving Certificate Examination (ESSLCE), scored above the 50pc threshold required for university admission. Education Minister Berhanu Nega (Prof.) disclosed the results during a press briefing last Saturday. Nearly 32pc of the successful candidates were from Addis Abeba, giving the city the highest share. Oromia Regional State followed, while Amhara Regional State accounted for the remaining share. The res...


Radar

Dairy Drive Turns to Farmers to Cut Import Reliance

A five-year dairy project targeting 350,000 farmers has increased average milk production per cow by 3.8 litres a day, supporting Ethiopia's effort to replace imported dairy products with domestic output. The Ministry of Agriculture leads the initiative in collaboration with SNV's BRIDGE Plus project. It combines cow-focused advisory services, technology, market links and farmer capacity-building to raise dairy productivity. The work has centred on helping farmers produce surplus milk for sal...