US Donates 42m Br Worth of Medical Equipment

Sep 10 , 2021


The United States Agency for International Development (USAID) has donated 46 modern tuberculosis diagnostic equipment worth one million dollars to the Ministry of Health. The handover took place in the compound of the Ethiopian Pharmaceutical Supply Agency in the presence of the Lia Tadesse (MD), minister of Health, and the US Ambassador to Ethiopia, Geeta Pasi. Dubbed GeneXpert, the new machines will reduce the time it takes to diagnose TB in a patient from two days to just two hours. Epidemiologists estimate that there are roughly 160,000 cases of TB across Ethiopia, while the country's capacity to test for the infection is underdeveloped. Around 24,000 people die of TB yearly.


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Ministry Secures $86m Grants

An 86.18 million dollar grant agreement was signed between the Ministry of Finance, UNICEF and UNFPA last week to support the agencies' ongoing country programs for the fiscal year. Out of the total grant, UNICEF committed 70 million dollars to support its water, nutrition, education, health, sanitation, child protection, and gender projects. Meanwhile, UNFPA pledged 16.1 million dollars for family planning, maternal health, adolescent and youth development, and gender equality and women empo...


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Authority Reports Fuel Import Stats

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Commercial Bank Collects $3.2b in Foreign Currency

The Commercial Bank of Ethiopia (CBE) announced robust performance in foreign currency collection for the past fiscal year, achieving 3.2 billion dollars in total mobilisation. This includes 2.07 billion dollars in remittances, with the Bank's Diaspora banking service and CBE Birr contributing 89.9 million dollars to the total. The performance details were shared during CBE's annual review meeting last week. "This achievement is particularly gratifying given the challenging economic climat...


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