Ministry, US Company agree to assess Ethiopian oil, gas potential

Ministry, US Company agree to assess Ethiopian oil, gas potential

Ministry of Mines and the United States Company Netherland, Sewell & Associates, Inc. (NSAI) signed an agreement on Tuesday, which enables the US firm to conduct economic surveys on potentials of Ethiopia’s oil and gas resources. The agreement was signed between Takele Uma, Minister of Mines and representative of NSAI at the headquarters of the…

Addis Chamber provides 3.2 mln Birr support to displaced people

Addis Chamber provides 3.2 mln Birr support to displaced people

Addis Ababa Chamber of Commerce and Sectoral Association (AACCSA) said it has provided food and non-food items amounting 3.2 million Birr for the Internally Displaced Peoples (IDPs) because of the war. Wheat flour, Rice, Children fortified foods, clothes, sanitary items and blankets, among others, have been provided to the victims of the war. Mesenbet Shenkutie,…

Goh Mortgage Bank S.C. to disburse 1 bln Birr loan in 2021/22

Goh Mortgage Bank S.C. to disburse 1 bln Birr loan in 2021/22

Goh Mortgage Bank Share Company, the first mortgage financial firm, has planned to disburse a loan amounting 1 billion Birr in 2021/22 fiscal year. The bank has set a goal to collect 1.3 billion Birr saving in the fiscal year. Goh Mortgage Bank also sees opening 60 branches across Ethiopia in five years, according to…

Prioritise WASH to rebuild & save $millions, African, European Ministers urged

Prioritise WASH to rebuild & save $millions, African, European Ministers urged

People-centered economic recovery and resilience will be at the center of the second African Union and European Union Foreign Affairs Ministerial Meeting slated for 26 October in Kigali. WaterAid believes strengthening access to Water, Sanitation and Hygiene (WASH) is critical for sustainable and inclusive economic recovery and to build communities’ resilience in the face of…

Ensuring global sanitation cost up to $11 bln, reveals report

Ensuring global sanitation cost up to $11 bln, reveals report

A new report by WHO and UNICEF, released Friday on Global Handwashing Day, reveals that giving everyone in the world’s poorest countries access to hand washing with soap and water, would cost around $11 billion. That would transform the life-chances of people who are currently unable to simply wash their hands at home. “Millions of…