Business

UN Emergency Response Fund provides ‘spark of hope’ for shared humanity

Fast and flexible, the Central Emergency Response Fund (CERF) was set up to promote swift, coordinated action in humanitarian crises, the UN Emergency Relief Coordinator told a High-level Pledging Event on Wednesday, adding: “It has more than fulfilled its mission”. Marking CERF’s 15th anniversary, the event aimed to galvanize commitments to continue to meet increasingly complex […]

Business

Africa Free Trade Area, likely spur for growth and development

With productivity-boosting measures, the African Continental Free Trade Area (AfCFTA) agreement could reduce poverty and inequality while spurring sustainable and inclusive growth, according to a report launched on Wednesday by the UN trade and development body, UNCTAD. The Economic Development in Africa Report 2021, underscores the importance of  infrastructure financing that helps link up urban and […]

Business

UNICEF launches record emergency appeal as escalating conflicts push millions to the brink

The UN Children’s Fund (UNICEF) on Tuesday launched an appeal for a record $9.4 billion as attacks against children continue to rise. Close to 24,000 grave violations against youngsters were confirmed last year, or 72 violations a day, according to the agency, in its largest ever appeal for funding.   The appeal is 31 per cent larger than last year’s campaign, as humanitarian needs continue to […]

Business

Terrorist TPLF Damages, Loots Several Manufacturing Industries in Amhara, Afar

Terrorist TPLF has looted and destroyed several manufacturing industries during its invasion of areas in Amhara and Afar regions, according to Minister of Industry. State Minister of Industry, Shisama Gebresilasie told journalists today that the terrorist group has caused immense damages on small, medium and large scale manufacturing industries located in areas it carried out […]

Business

How much meat do we eat? New figures show 6 countries have hit their peak

Eating meat comes with an enormous environmental footprint, with food systems responsible for an estimated 34% of global emissions. And yet, in most countries, meat consumption is continuing to rise. Our new study investigated whether meat consumption increases as income increases. We specifically tested if there’s a point at which improvements in GDP per capita are no longer associated with […]