Water Project Takes Root in Oromia

Jul 13 , 2019


Amref Health Africa and West Arsi Zone Water, Mining & Energy Office and Siraro-Aje Water Supply Service signed a memorandum of understanding (MoU) for a new water project that will supply potable water to nearly 60,000 people in Shashamane and Arsi Negele Zone. Signed on July 9, 2019, the project would cost 23 million Br out of which 10 million Br will be covered by the local government and communities, while Amref will cover the balance. Amref pledged to design and install a sustainable system for safe drinking water for the communities, schools and health facilities in the area. Over half a million people are without access to safe drinking water in Arsi Negele Zone.


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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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