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Health Ministry, Partners Launch Child Stunting Campaign

Jul 2 , 2022


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Humanitarian agencies and the Ministry of Health have launched an initiative to fight the prevalence of maternal malnutritions and child stunting. The United Nations Children's Fund (UNICEF) and Action Against Hunger, a humanitarian agency based in France, will provide part of the forecasted 30 million dollar budget for the programme. Project officers look to implement the campaign in 10 regional states, where child stunting remains a serious issue. Although Ethiopia has experienced a steady reduction in the prevalence of stunting over the past two decades, rates remained at an estimated 37pc in 2019. At least 5.8 million children under the age of five are affected, while another 1.2 million are the victims of wasting.


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Annual U.S.–Ethiopia Real Estate Expo to Debut in July

Harvest Circle Inc., a U.S.-based organisation, will launch the first annual U.S.-Ethiopia Real Estate & Construction Expo in July 2026. The event will bring together Ethiopian and U.S. real estate developers, construction firms, banks, insurers, property managers, and investors to explore partnership, financing, and investment opportunities. Organisers say the platform seeks to promote private sector-led urban development, facilitate diaspora investment, and expand market access for Ethiop...


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Addis Abeba Housing Bureau Warns Landlords against Illegal Rent Hikes, Threatens Legal Action

The Addis Abeba Housing Development and Administration Bureau has issued a warning to landlords attempting to impose unauthorised rent increases or carry out unlawful evictions as the residential leasing cycle nears its statutory June 30 deadline. The warning follows reports of landlords pressuring tenants to vacate properties under claims of personal use or sale, alongside demands for steep rent hikes, according to comments made to state media. Kidist W. Giorgis, Head of the Bureau, said...


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Development Bank Turns Corner as Profit Hits Eight Billion Br

The Development Bank of Ethiopia (DBE) posted a gross profit of eight billion Br in the first nine months of the fiscal year while repaying 15.6 billion Br in outstanding debt. Total income reached 17.3 billion Br, exceeding its target by 12pc. Presenting its performance to the House of Peoples' Representatives Standing Committee for Government Development Organizations, the bank highlighted progress from ongoing reforms, including reducing its non-performing loan ratio to 13.4pc, below the Nati...