World Bank Funds $210m Groundwater Project as Drought Intensifies

Sep 24 , 2022


A sustainable groundwater project in drought-prone lowland areas of Ethiopia, Kenya and Somalia was launched last week with 210 million dollars in funding from the World Bank. The six-year initiative looks to supplement water supply in 55 weredas, conduct research on water availability in 12 more, and implement irrigation projects in four weredas of Borana in the Oromia Regional State. The launch comes as the Horn of Africa struggles with what the UN called "the worst drought in four decades." The United Nations Office for the Coordination of Humanitarian Affairs (UN-OCHA) says that at least 16 million people residing in drought-affected areas in the country's east and south require humanitarian assistance beginning now until the end of the year at least. Reports published months ago revealed that no less than a million heads of cattle had died due to the drought.


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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...


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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...


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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...


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