USAID Extends $60m to Youth Empowerment Programme

Mar 5 , 2022


The United States Agency for International Development (USAID) has allocated 60 million dollars in funding to a social welfare programme slated to be implemented in 18 cities across Ethiopia. The five-year programme, dubbed "Kefeta", targets to address unemployment and other issues plaguing vulnerable youth in the urban centres, including Addis Abeba. The programme involves the facilitation of access to services like banking, family planning, and healthcare. Officials in charge also plan to establish a youth-led fund to finance startups and encourage entrepreneurship. The programme hopes to reach some 700,000 youth for training in skills such as digital literacy and entrepreneurship by supporting career centres in social and educational institutions. The Kefeta programme was launched last week at a ceremony held at Addis Abeba's Friendship Park. Tracey Jacobson, US ambassador to Ethiopia, and senior government officials such as Ergoge Tesfaye (PhD), minister of Women & Social Affairs, were in attendance.


Radar

Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


Radar

AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Radar

Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...


Back
WhatsApp
Telegram
Email