Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff completes First Review under the Staff-Monitored Program for Somalia

The IMF team and the Somali authorities reached a staff-level agreement on the completion of the first review

Somali authorities and IMF staff reach a staff-level agreement on the completion of the first review of the fourth Staff-Monitored Program (SMP IV); authorities’ continued strong commitment to economic and financial reform is supporting satisfactory performance under SMP IV. An International Monetary Fund (IMF) staff team led by Allison Holland visited…

Embassy of the Republic of Cuba in Ethiopia
Source: Embassy of the Republic of Cuba in Ethiopia |

Press Conference of the Ambassador of Cuba

The Cuban diplomat explained the transformations experienced by Cuba since the adoption of the new Constitution las April

The Cuban Ambassador to Ethiopia, H.E. Mrs. Vilma Thomas adressed local and Cuban journalists in a Press Conference at the Embassy. The Cuban diplomat explained the transformations experienced by Cuba since the adoption of the new Constitution las April. She insisted in the aggresive policy of the US towards Cuba…

Source: Food and Agriculture Organization (FAO) |

The Food and Agriculture Organization of the United Nation (FAO) provides emergency livestock response for drought-affected communities in Ethiopia

FAO is carrying out treatment campaigns and helping households to sell their animals to generate cash and reduce pressure on limited available pasture

The Food and Agriculture Organization of the United Nations (FAO) is providing immediate livestock protectionto drought-affected pastoral and agro-pastoral communities in Ethiopia. Funded by the United Nations Central Emergency Response Fund (UN CERF) and the Humanitarian Aid Department of the European Commission (ECHO), FAO is carrying out treatment campaigns and helping households to sell their animals…

Source: Embassy of the Federal Democratic Republic of Ethiopia, London, UK |

International Conference on Pulses and Oilseeds in Ethiopia

The Ethiopian Pulses, Oilseeds and Spices Processors-Exporters Association, in collaboration with the Federal Democratic Republic of Ethiopia Ministry of Trade and Industry, is hosting the 9th International Conference on Pulses and Oilseeds at Sheraton Addis Hotel in Addis Ababa, Ethiopia, on November 29 and 30, 2019. For further information, visit the conference…

Bench Events
Source: Bench Events |

Africa Hotel Investment Forum (AHIF) delegates will run for charity with Haile Gebrselassie

AHIF’s charity sponsor, Derba MIDROC Cement, and AHIF’s organiser, Bench Events, have each pledged to make a donation

Delegates at the Africa Hotel Investment Forum (AHIF) (www.AHIF.com) will have the chance to go running with the Ethiopian Olympic gold medallist and four-time World Championship title holder, Haile Gebrselassie, to raise money for charity. On the morning of September 25th, Haile will lead the way around a loop inside…

Source: U.S. Embassy Addis Ababa, Ethiopia |

U.S. Embassy Statement on Recent Attack on Humanitarian Workers in Gambella

The United States condemns any violence inflicted on those engaged in humanitarian activities

The U.S. Embassy strongly condemns the violence perpetrated against humanitarian aid workers in Gambella on September 5, 2019, which resulted in the deaths of two staff members of Action Against Hunger, a non-governmental organization.  The loss of these Ethiopian aid workers saddens us deeply, and we offer our sincerest condolences…

JLL
Source: JLL |

Mixed-use is the key to funding hotel development in Africa

JLL’s research into global property transactions reveals that in the first half of 2019, there was a 42% increase in the value of mixed-use property transactions

A new report from JLL (www.JLL.com), the world’s largest professional services firm specialising in real estate, has revealed that people seeking to finance a new hotel project in Africa will be much more successful if their hotel is part of a mixed-use development. JLL’s research into global property transactions reveals…

Source: African Development Bank Group (AfDB) |

G5 Sahel heads of State throw their weight behind African Development Bank initiative Desert to power

Bank commits $20 million towards project preparation for the realization of the project

G5 Sahel heads of state at a Summit on Friday in Ouagadougou, Burkina Faso, gave strong support to Desert to Power, an Africa Development Bank (https://www.AfDB.org/) -led initiative. The summit, "Harnessing solar energy for the socio-economic development of the G5 Sahel countries" came on the heels of a high-level technical…

Source: U.S. Embassy Addis Ababa, Ethiopia |

U.S. Embassy Statement on Recent Attack on Humanitarian Workers in Gambella

The United States condemns any violence inflicted on those engaged in humanitarian activities

The U.S. Embassy strongly condemns the violence perpetrated against humanitarian aid workers in Gambella on September 5, 2019, which resulted in the deaths of two staff members of Action Against Hunger, a non-governmental organization.  The loss of these Ethiopian aid workers saddens us deeply, and we offer our sincerest condolences…

Source: United Nations High Commissioner for Refugees (UNHCR) |

New UNHCR evacuation of refugees from Libya to Italy, as Tripoli fighting continues

The evacuees are from Eritrea, Ethiopia, Somalia and Sudan and include 52 unaccompanied children

A group of 98 vulnerable refugees have been today evacuated out of Libya to Italy, the third direct humanitarian evacuation to the country this year. With Libya continuing to suffer the consequences of ongoing conflict, such evacuations are a lifeline for the most vulnerable refugees living in detention centres and…