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




War Affected Regional States Foresee 1.2m worth Medical Supplies

Jul 1 , 2023


[ssba-buttons]

A 1.2 million euros worth of ventilators, diagnosis and laboratory equipment, and machinery was provided to the war-ridden areas of Amhara, Afar, and Tigray regional states last week. Minister of Health Lia Tadesse (MD) inked the deal with Stephan Auer, German Ambassador, at the Menschen für Menschen (MfM) Project Coordination Office with the German Development Corporation providing the supplies. Ethiopia's health sector is severely underdeveloped, with only 20,000 medical doctors and less than 400 public hospitals. Damage to health infrastructures and inadequate medical supplies due to the war has left many civilians stranded, and only three percent of the health facilities have been functional, according to a WHO report. Lia said the donation will help mitigate the shortage of medical supplies faced in the region while improving the quality of healthcare services provided to patients.


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...