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UNDP Launches Insurance, Risk Financing Facility in Ethiopia

The United Nations Development Program (UNDP) has launched an Insurance and Risk Financing Facility (IRFF) today in Ethiopia.

This Insurance Risk Financing Facility would help Ethiopia build the capacity of communities and businesses to manage shocks…

Development should be community-centred: Klazen

KEETMANSHOOP: Minister of Fisheries and Marine Resources, Derek Klazen has said Lderitz is destined to become a booming commercial centre and urged its residents to embrace the new realities that come with socio-economic opportunities.

Klazen, who wa…

Engagement of Local Producers in Industrial Parks Grows to 55 Pct

The engagement of Ethiopia’s local producers in industrial parks has grown to 55 percent from last year’s 10 percent, according to Industrial Parks Development Corporation.

The government of Ethiopia established 13 industrial parks specialized in var…