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




World Vision Backs Sidama, Southern Regional States

Feb 27 , 2021


[ssba-buttons]

World Vision Ethiopia has pledged 1.2 billion Br in support to Sidama and the Southern Nations, Nationalities & Peoples' regional states for clean water supply, education, environmental protection, food security, sanitation, child security and community development projects. Nearly two million people from six zones and 12 weredas in the Southern region and 66,000 people from Hula Woreda in Sidama are expected to benefit from the implementation. Over one billion Birr will go toward the former, while Sidama will receive 69.3 million Birr from the grant. Signed in Hawassa last week in the presence of the organisation's field and sponsorship manager, Elenie Mergia, the development programme will span a period of five years. World Vision International is an Evangelical Christian humanitarian aid, development and advocacy organisation active in more than 90 countries across the globe.


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...