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 […]

Business

Nat’l Stakeholder Workshop on UN IGIF, Country Action Plan Underway

A three-day national stakeholder workshop on UN’s Integrated Geospatial Information Framework (IGIF) and the country action plan that could facilitate the socio-economic transformation of the country is underway here in Addis Ababa. It is to be recalled that the UN Committee of Experts on Global Geospatial Information Management adopted IGIF implementation guide to strengthen national […]

Business

Ethiopia, Turkey Vow to Strengthen Longstanding Dev’t Cooperation

Ethiopia and Turkey are keen to strengthen their longstanding development cooperation, Plan and Development Minister revealed. The long standing development cooperation between Ethiopia and Turkey will be strengthened, Plan and Development Minister said. Plan and Development Minister, Fitsum Assefa discussed today with  the  management bodies of Turkey’s Development and Cooperation Agency. The two sides discussed […]