Nairobi: An intensifying El Niño weather pattern threatens to bring severe flooding, disease outbreaks, heatwaves, and drought to communities across East Africa and Asia in the coming weeks, the International Rescue Committee warned today. Families in…
Month: July 2026
Ethiopia Lifts Credit Cap, Raises Policy Rate as Central Bank Advances Monetary Reform
Addis ababa: The National Bank of Ethiopia (NBE) has removed restrictions on how much commercial banks can lend as part of a new monetary policy package aimed at containing inflation. The credit growth cap was first introduced in 2024 as part of the N…
Addis Ababa Attracts Over 1.3 Trillion Birr in Investment Over Five Years
Addis ababa: Addis Ababa has attracted more than 1.3 trillion Birr in capital investment over the past five years, Mayor Adanech Abiebie announced today.
According to Ethiopian News Agency, the Mayor disclosed the figures while presenting the Addis …
Africa Pastoral Markets Forum Seeks to Unlock Livestock Sector as Driver of Economic Growth
Addis ababa: The First Africa Pastoral Markets Forum opened in Addis Ababa on Monday with a call to transform Africa’s pastoral livestock sector into a major driver of economic growth, employment, trade, investment, and resilience across the continent…
Geopolitical Tensions, Economic Uncertainty, and Climate Challenges Shape Global Developments
Addis ababa: The past week underscored the increasingly interconnected nature of global affairs, as geopolitical tensions, economic uncertainty, technological competition, and climate-related challenges unfolded simultaneously across multiple regions….
AUC Advocates for Digital Overhaul in African Education Systems
Addis ababa: The African Union Commission (AUC) has urged African nations to fundamentally transform their education systems through digital innovation. Speaking at the opening of the Innovating Education in Africa Expo 2026 in Addis Ababa, AU Commiss…