Addis Abeba — A recent conflict in the Amhara region between the federal government and a non-state armed group known as Fano has wreaked havoc on local industries, leading to damages. Amhara Industry and Investment Bureau announced yesterday that over 3,000 permanent workers lost their jobs due to the damage that occurred in industries. In a recent interview, Abate Getahun, the Director of the Amhara Region Rehabilitation, Reconstruction, and Redevelopment Fund Office, disclosed to Addis Standard that the estimated cost of rebuilding the war-ravaged areas in the Amhara region surpasses a staggering half a trillion birr. For months, tension and sporadic clashes have engulfed large parts of the Amhara region, which is the second-largest regional economy after Oromia. The dire situation has prompted Yelikal Kefale, the President of the restive Amhara region, to request the intervention of the federal government.

Source: Ethiopian News August 17, 2023 07:34 UTC