Water Ministry Taps into Digital System


Water Ministry Taps into Digital System

Offices of Water & Energy will be integrated to exchange data as part of boosting service delivery by digitising water metring for customers. Ethio telecom is tasked to install the digital infrastructure and provide technical assistance with an agreement between Minister of Water & Energy Habtamu Itefa (PhD) and CEO of the telecom Firehiwot Tamiru formed at the Skylight Hotel (Airport Road) last week. According to the Minister, the integration is expected to cut income losses due to technical errors which have become frequent across the country with the capital losing nearly 17 million dollars. Habtamu also disclosed that Ethiopia had received a 300 million Br grant from the World Bank to aid efforts in minimising damages caused by floods during the event.


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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

Ethiopian Petroleum & Energy Authority (EPA) disclosed that 3.2 million tons of fuel were imported into the country during the last fiscal year. The figure includes 2.04 million tons of diesel and 767,672tns of benzene. In the past fiscal year, the digital payment system, Telebirr, facilitated transactions totalling 103 million volumes worth 61.8 billion Br. Of these transactions, 81.39pc were for diesel, while 17.82pc were for benzene. The number of fuel stations increased from 682 to...


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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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