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.


Geda Special Economic Zone Receives Prospective Tenants

East African Holding and Ethio-Chicken have been shortlisted to invest in the Geda Special Economic Zone(GSEZ), located in the tri-state area shared by Mojo, Adama, and Shashemene cities within the Oromia Regional State. The two companies were selected from 120 investors who showed interest in acquiring space in one of the largest SEZs in Africa. Close to 404hct of land has already been developed in the expansive economic zone, out of a potential 24,000 hectares, with lease prices set between...


Standard Institute Revamps Fees, Board Restructuring

The Ethiopian Standards Institute (ESI) is set to introduce fees for standards sticker, establish a new governing board, and address collaboration with other regulatory bodies. The Institute plans to strengthen its financial standing by charging fees for standards and product certification services to support its operations and annual budget. A key change involves replacing the current Council of Standards with an 11-member Board of Directors. The Minister of Trade & Regional Integration...


Safaricom Ethiopia Rolls Out its Network to Tigray

With 125 self-built towers, Safaricom Ethiopia has launched its operations in the Tigray Regional State. Executives disclosed plans to invest in an additional 166 towers and expand their reach to the remaining towns. "This is the most exciting milestone in Tigray since the return of social services," said Getachew Reda, president of the Interim Regional State Administration. In July 2021, the consortium-backed telecom giant entered Ethiopia's market, historically dominated by state-owned E...