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Yenenesh Alebachew

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Name: Yenenesh Alebachew

Education: 10+3

Company name: Majet spice

Title: General Manager

Founded in: 2018

What it does: Produce local foods

HQ: Addis Ababa

Number of employees: 23

Startup Capital: 200,000 birr

Current Capital: 1.2 million birr

Reasons for starting the business: To expand our business

Biggest perk of ownership: Creating opportunities for others

Biggest strength: Strong when in the face of challenges

Biggest challenging: Government hierocracy

Plan: To increase our production line to big food producing factory

First career: Teacher

Most interested in meeting: None

Most admired person: My sister /Tanashe Alebachew/

Stress reducer: Praying

Favorite past time: Visiting churches

Favorite book: Bible

Favorite destination: Jerusalem

Favorite automobile: Toyota Pick up

Italy, Ethiopia sign agreement on the treatment of debt service

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Italy and Ethiopia sign the Agreement on the treatment of debt service in the framework of the Debt Service Suspension Initiative (DSSI).
Since its inception, Italy has strongly supported the adoption of the Debt Service Suspension Initiative (DSSI) promoted by the G20 in favor of the world’s most debt-laden countries.
Given the particular condition of vulnerability that low-income Countries are experiencing during the pandemic, a temporary suspension of debt-service payments owed to their official bilateral creditors is granted until 30 June 2021, with the possibility for a further six-month extension.

Wastewater management tool highlights opportunities to boost health and economic growth in Africa

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The African Development Bank, the UN Environment Programme (UNEP) and GRID-Arendal have released the inaugural Sanitation and Wastewater Atlas of Africa, a tool to benchmark and propel Africa’s progress towards Sustainable Development Goals on safe sanitation and wastewater management. The Atlas aims to help policymakers accelerate change and investment in the sector.
The result of four years of collaboration, the Atlas assesses progress and highlights opportunities where investment in sanitation and wastewater management can improve health and spur economic growth. The publication incorporates maps, graphics and profiles of all African countries, including analyses of their water resources and provision of basic services. It also explores the links between sanitation and wastewater and ecosystem health and human health, and discusses frameworks and circular economy approaches that can lead to better infrastructure and systems.

Conference to focus on sustainable industrialisation & diversification in the digital era

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Preparations for the fifty-third session of the Conference of African Ministers of Finance, Planning and Economic Development of the Economic Commission for Africa (ECA) have reached advanced stages.
The Conference of Ministers will be held virtually from 17-23 March, 2021, under the theme “Africa’s sustainable industrialisation and diversification in the digital era in the context of Covid-19’.
The theme recognizes the continent’s desire to industrialize and create jobs for the millions of its populace, in particular the youth joining the labour market annually.
ECA’s Regional Integration and Trade Division Director, Stephen Karingi, says with the African Continental Free Trade Area (AfCFTA) now up and running, the theme comes in handy, offering ministers and experts a platform to discuss the need to ensure that digitalization strategies are integrated into policy and planning frameworks for industrialization.