The college, which was established in 2011 and entered the teaching profession, graduates are qualified to graduate with master's degrees in finance and investment, business administration and project management, as well as marketing management and accounting and finance bachelor's degree programs.
SOS Children Villages in Ethiopia launches a new project titled “Leave No Youth Behind: Young Care Leavers Claim Their Rights In Ethiopia.”
The project focuses on young care leavers and advocates for their rights and needs and is financed by the Danish International Development Agency.
The project will be implemented in all the 11 sub-cities of Addis Ababa to a total of 1,400 young care leavers and indirectly 2.8 million young people over the country will be addressed through the project initiative.
The project engages different stakeholders in its implementation including Addis Ababa women children and social affairs, Addis Ababa youth and sport bureau, Addis Ababa finance and economic bureau in addition to other CSOs.
In Ethiopia more than 70 percent of the population is made up of young people and like many countries the country is facing challenges in meeting the needs and rights of the booming young generation.To decrease these impacts the project aims to create an enabling environment for young care leavers and empowered young care leavers.
Deputy Chief of Mission (DCM) of the U.S. Embassy in Addis Ababa Fiona Evans joined the Special Advisor to the Minister of Agriculture, Mr. Sileshi Getahun, and Mr. Girma Abera from the Agricultural Transformation Agency to launch Apex-10. This is an American-made environmentally friendly and soil-enhancing product, approved for commercial use in Ethiopia, which significantly reduces fertilizer consumption and improves water retention.
The American company JSH International and Jigra Chemicals of Ethiopia partnered to bring the organic fertilizer booster Apex-10 to the Ethiopian market. The launch follows the signing of an agreement between the two companies in September 2021, allowing the Ethiopian company to have the exclusive right to distribute and sell JSH International’s innovative product, Apex-10, in Ethiopia.
Speaking at the launch event, DCM Evans expressed her optimism that the initiative will bring significant benefits to Ethiopian smallholder farmers, commercial farmers, and the entire nation. She reiterated the U.S. commitment to fostering such linkages, which protect Ethiopian food security.
Apex-10 has been tested and used across Africa and the world and has been proven to reduce the need for fertilizer and water, while improving yields. This is especially important in the face of regional droughts, changing climates, and supply chain disruptions affecting the availability of both food and fertilizer.
GIZ – Hawassa Industrial Park Job Creation and Training project launch, workshop, and closing event was held at Hawassa industrial park.
Addis Ababa – Bunna Bank held its twelfth annual shareholders’ meeting and fifth extraordinary meeting on December 12, 2021, at the Golf Club. The chairperson of the bank’s board, Dr. Sewale Abate, presented the 2020/21 fiscal year annual report to shareholders in which he acclaimed 937 million birr profit before tax and an increase of 6.58 billion in the bank’s reserve. The bank’s capital has grown by 706.2 million birrs in the fiscal year, raising the total capital of the bank to 3.81 billion. The bank lent 6.73 billion birrs to actors in different economic sectors, increasing the total loan made by about 58%.
Dr. Sewale underscored the success of the bank despite the nationwide economic slowdown due to the COVID-19 pandemic and other challenges. He admitted that foreign currency collection in the fiscal year was not in par with the plan because remittances and exports took a hit because of the pandemic. Still, the bank was able to collect about 164 million USD, of which 61.8% was from the export sector. The bank is now working with ten foreign banks to facilitate international transactions.
The annual report highlighted the bank’s efforts to make its services accessible and convenient to customers, which has resulted in a 71.5% increase in saving accounts, and a total of 285 branches across the country as of the end of the fiscal year. The total number of customers of the bank by the end of the fiscal year was registered to be about 1.4 million. Over 45 thousand new customers have been registered under the bank’s interest-free services, raising the total interest-free customers to over 576 thousand, and savings in such accounts to over 400 million birr.
Dr. Sewale also emphasized Bunna Bank’s determination to the nation’s development and contributing to the transformation of the lives of citizens as part of its corporate social responsibility. During the fiscal period, the bank has donated over 25 million birrs to development and charitable organizations. Dr. Sewale promised the continuation of the bank’s commitment in the development of the country
1st Virtual agrofood and plastprintpcack Africa 2020: Powered by a digital platform including the latest matchmaking technology, the international trade fair covered the entire value chain from field to fork granting valuable business contacts with leading global manufacturers and industry experts. A total of 2,325 registered attendees from 87 countries connected at Virtual for all Africa 2020, established a total of 5,320 contacts and exchanged 15,791 messages. In the event exhibitors, attendees and speakers gathered to connect, learn and talk business.
CONNECT: 64 exhibitors from 17 countries received 8,028 visits, their products were consulted 1,851 times.
LEARN: 3,356 unique viewers attended the panel sessions, presentations & product demos. An amazing number of 98 speakers presented in 69 sessions, a program highly appreciated by all.
TALK BUSINESS: Attendees received 11,452 visits from exhibitors as well as from other attendees and from speakers.