FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Foundation, CDC Africa Ally to Strengthen Contact Tracing

Jun 7 , 2020


[ssba-buttons]

The Mastercard Foundation and Africa Centres for Disease Control & Prevention (CDC Africa) have teamed up to procure one million test kits and train 10,000 community healthcare workers and 80 surveillance rapid responders. This aims to support contact tracing as well as strengthen Africa CDC’s capacity to oversee a continental response to the Novel Coronavirus (COVID-19) pandemic. The Foundation is committing 40 million dollars to Africa CDC’s Partnership to Accelerate COVID-19 Testing (PACT). Africa CDC in partnership with the African Field Epidemiology Network will be undertaking the response measures. PACT is anchored on the Africa Joint Continental Strategy for COVID-19 endorsed by the Bureau of Heads of State and Government of the African Union to help contain COVID-19 transmission in Africa. Its main goals are to strengthen the capacity to test, trace and treat COVID-19 cases on the continent. To date, Africa CDC has distributed more than 2.5 million tests and provided supplies such as personal protective equipment, thermal scanners and ventilators across Africa. As of May 31, 2020, it had also deployed 164 community health workers to support the response to COVID-19 in Ethiopia, where Africa CDC is headquartered, and in 14 other member states.


Radar

Liquidity Relief, Reform Pressure Meet as World Bank Prepares Major Budget Support

The World Bank is set to approve a 1.45 billion dollar budget support package for the Ethiopian government on June 25, 2026. The announcement came alongside a high-level consultation at the Ethiopian Skylight Hotel, where leaders from the Ethiopian Chambers of Commerce and Sectoral Associations (ECCSA) met with private sector representatives and the National Council. The package follows an earlier 17 billion dollar credit and summer service support allocation. The institution has anchored key...


Radar

Cabinet Approves 502b Birr Budget as City Returns to Federal Subsidy

The Addis Abeba City Cabinet has approved a 502 billion Br budget for the 2026/27 fiscal year, a fiscal plan that marks a return to federal subsidies despite previous claims of municipal self-sufficiency. The budget, now awaiting final ratification by the City Council, incorporates a federal subsidy of more than 74 million Br. This policy reversal follows the 2025/26 mid-year salary revisions for civil servants, implemented to buffer the inflationary impact of the floating Birr on the cost of...


Radar

Global Analytics Meets Local Insight as WAAS Partners With Kantar in Ethiopia Expansion

WAAS International Plc has partnered with global analytics firm Kantar on June 12, 2026, to introduce predictive analytics and consumer tracking tools into the country's corporate market. The collaboration blends Kantar's global methodologies with WAAS's 35-year local data archive to support business leaders operating in a liberalising economy. WAAS Managing Director Efera Busa said the partnership connects global expertise with local context, delivering standardised metrics without losing cu...