Business

Belgium supports WFP assistance in five countries where needs are exceptionally high

CAIRO – The United Nations World Food Programme (WFP) welcomes a donation package totalling €7.5 million (approximately US$8.1 million) from the Government of Belgium to support the food agency’s response to rising food needs in Ethiopia, Jordan, Lebanon, Palestine, and Syria. Belgium’s support comes at a time when WFP is strapped for funds in the […]

Business

UNHCR Regional Update #24: Ethiopia Emergency Situation, 2 November 2021

Key Developments ETHIOPIA The situation in northern Ethiopia continues to deteriorate as hostilities escalate. On 2 November, the Ethiopian government declared a six-month national state of emergency throughout the country with immediate effect. This follows reports that on 30 and 31 October, Tigray and Oromo forces took control of two major towns along the highway […]

Business

ECA Establishes Liquidity, Sustainability Facility (LSF) Reaching 30 Bln USD

The United Nations Economic Commission for Africa (ECA) announced the establishment of the Liquidity and Sustainability Facility (LSF) that could reach 30 billion USD. The facility is dedicated to providing African governments with a liquidity structure on par with international standards so as to address the African Continent’s specific Eurobond issuance needs. A Eurobond is […]