ECA Launches One-Stop Shop for Finding Data

Aug 16 , 2020


[ssba-buttons]

The United Nations Economic Commission for Africa (UN-ECA) launched the first tool that offers a unique view of price variations in African countries, regional economic communities, and at the continental level. Launched virtually on August 11, 2020, the tool brings the prices and exchange rates of all African countries onto one platform that is accessible to citizens, decision makers and other stakeholders. The platform will also provide monthly, quarterly and annual analysis of inflation. The role of national statistics offices and national revenue authorities in ensuring the platform has timely, accurate and up-to-date data will be crucial, according to Vera Songwe (PhD), executive secretary of UNECA. "Lack of price data to enable, monitor, analyse and manage economies through informed policy decisions has often led to civil unrest," she added. The platform is expected to provide data on price movements to gauge how consumer prices are changing, trends in income distribution, poverty levels and income inequalities.


Radar

Ethiopia Unveils Consortium to Insure Millions of Farmers

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula Advisors and five major Ethiopian insurers. AICE plans to promote climate resilience through insurance bundled with the government's input voucher system. Leveraging AI platforms like Mavuno and PIE, it plans to standardise products, lower costs, and expand coverage to over 200 woredas. With agricu...


Radar

New Coopbank Partnership Targets Youth Economic Empowerment

The Cooperative Bank of Oromia (Coopbank) has signed a strategic agreement with Melka Ethiopia to provide loan services to over 120,000 young men and women nationwide. The partnership plans to promote youth economic empowerment by expanding access to finance and creating jobs, with a strong focus on rural and underserved areas. Both institutions held joint discussions to explore ways to improve youth livelihoods and financial inclusion. By closing access gaps, the partnership is expected to help...


Radar

Ethiopian Netpreneur Program Training Kicks Off

The Ethiopian Netpreneur 2025 Training Program has officially launched its first cohort in Addis Abeba with 64 entrepreneurs beginning their first round of training. Organised by the Global Digital Talent Academy, the initiative plans to empower local business owners, startup founders, and digital sector players with global-level e-commerce skills. At the launch event, Innovation and Technology Minister Belete Mola (PhD) urged participants to leverage the opportunity to build networks and shape...