Four Refugee Camps Get New Classrooms

Nov 30 , 2019


[ssba-buttons]

Eighty-four classrooms built in four refugee camps in Gambella Regional State through UNICEF financing were inaugurated on November 29, 2019. The classrooms were built in Nguenyyiel, Terkidi, Kule and Jewi refugee camps with the collaboration of the Ministry of Education, regional education bureaus, the Agency for Refugee & Returnee Affairs, UNHCR, UNICEF, Plan International and the United Nations High Commission for Refugees. The funding was secured from UNICEF's two-year "Education Can Not Wait" programme with a total of 15 million dollars in investment. The programme aims at expanding educational opportunities for children affected by emergencies and the protracted humanitarian crisis in refugee camps and host communities in Gambella and Benishangul-Gumuz regions. The funding is administered under UNICEF’s financial, human resources and administrative rules and regulations, while operations are run by UNICEF’s own independent governance structure.


Radar

Nib international Bank Faces Heavy Hit from Forex Revaluation, Pays 348 Million Br in Penalties

Nib International Bank S.C. (NIB) has reported a significant loss of 2.9 billion Br, primarily due to extraordinary foreign exchange revaluation losses, this past Saturday, during its annual shareholders meeting at the Millennium Hall on Africa avenue, Airport Road. The bank faced substantial penalties amounting to 348.4 million Br. These penalties included a 251 million Br fine for liquidity shortages and a 97.4 million Br charge for violations related to Real-Time Gross Settlement (RTGS) payme...


Radar

Railway Network Upgrade Positioned as Engine of Economic Transformation

The National Railway Business Summit took place at Skylight Hotel on October 21, 2025, signalling a historic step in modernising its railway network as a foundation for national development and regional connectivity. Government officials, industry leaders, investors, and experts from around the world convened to discuss infrastructure expansion, financing models, and technology adoption. Asma Redi, chief portfolio director at Ethiopian Investment Holdings, noted that the Ethiopian Railways Co...


Radar

Gold Prices Ease After Recent Surge

The price of gold, which surged sharply in recent weeks, has started to decline in the current selling market. Over the past 15 days, 21-carat gold has traded between 24,000 and 25,000 Br per gram for imported products and around 21,000 Br for local gold. Imported 18-carat gold sold for 21,000 Br, while local 18-carat pieces were priced at 19,000 Br. Traders note that the recent increase was twice as high as typical fluctuations, attributing the spike to export patterns from Arab countries. ...