The United Arab Emirates (UAE) on July 24 announced an additional US$9.5 million support to the Pakistan Polio Eradication Initiative (PEI). The funding will be used to vaccinate approximately 16 million children during door-to-door immunization campaigns in 84 highest-risk districts as well as an additional US$376,000 to provide personal protective equipment against COVID-19 for the […]
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Ethiopia Food Security Outlook, June 2021 to January 2022
KEY MESSAGES The Tigray region of Ethiopia continues to experience one of the worst food security emergencies globally. Urgent humanitarian assistance is needed to save lives. Extreme outcomes are likely through at least January 2022 across the region, with Central, Northwestern, Eastern, and Southeastern Tigray of highest concern. Ultimately, an end to hostilities and unhindered […]
African governments have developed a taste for Eurobonds: why it’s dangerous
International financial markets have opened a window for African governments to diversify their funding sources from traditional multilateral institutions and foreign aid. For example, they can now borrow through issuing Eurobonds – these are international bonds issued by a country in a foreign currency, usually in US dollars and euros. South Africa was the first […]
The war in Tigray: the makings of a man-made famine, and what can be done
“There’s famine now in Tigray.” That 10 June 2021 declaration by the UN’s most senior humanitarian official was the clearest indication yet that embattled Tigray faced a severe food emergency. Close to five million Tigrayans were subsequently placed under watch for what constitutes emergency level conditions. The affected population now falls under emergency (phase four) and famine (phase five) […]
Ceasefire in Tigray more urgent than ever: UN relief chief
Speaking in Geneva, Martin Griffiths highlighted the urgency of the situation for all those affected in the northern Ethiopian region, after eight months of fighting between Government forces and those loyal to the Tigray People’s Liberation Front (TPLF). Earlier this week, the UN senior official warned that 200,000 people had been displaced by fighting in neighbouring […]
Ethiopia and Algeria set up a joint business council
The Business Council, which is believed to boost all-round economic relations between Ethiopia and Algeria, was established by an online signing ceremony between the two countries’ Chambers of Commerce and Industry. In his opening remarks, Algerian Minister of Commerce, Kemal Razig, said that the two countries have strong diplomatic ties and that their government is […]