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Ethiopia garners over $1.64 bln from remittance
Spread the NewsThe Ethiopian Diaspora Agency (EDA) said Ethiopians living abroad have sent more than $1.64 billion home in the first five months of the current fiscal year. The amount has been remitted using legal channels, according to EDA. Ethiopia has a target to garner $4 billion through remittance in the 2021/22 fiscal year. In…

Airbus take parts in Aviation Africa summit, exhibition
Spread the NewsAirbus has joined experts and key decision makers in the aviation industry at the Aviation Africa Summit and Exhibition taking place on September 12 and 13, 2022. During the two-day summit Airbus will discuss a range of compelling regional and global challenges and solutions including: sustainability and its critical role in driving the…

COVID-19, conflicts hampering food security in Africa
Spread the NewsBy Kaleyesus Bekele, Dakar, Senegal The adverse impacts of the COVID-19 and conflicts are hampering food security inthe African continent. This was disclosed at a high- level the African Union Development Agency-NEPADmeeting that kicked off on Tuesday July 26, 2022 in Dakar, Senegal. In her opening remark, CEO of the African Union Development…

Council deliberates, passes regulations on financial strategy, IFAD loans
Spread the NewsThe Office of The Prime Minister announced Saturday that the Council of Ministers has discussed on National Financial Inclusion Strategy Document (2022-2026) and loan agreement with International Fund for Agricultural Development (IFAD). The Strategy Document mainly aims to build upon the success of the previous strategy run from 2016 to 2021 and makes…

Ministry floats int’l bid for iron ore, steel project feasibility study
Spread the NewsThe Ministry of Mines (MoM) announced Thursday that it has invited companies for international competitive bidding to conduct consultancy on a bankable techno-economic feasibility study on iron and steel making plants. A survey will further identify making plants production capacity through different processes of iron production with a total steel capacity of 2.5…