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Health Ministry Receives Additional Support


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The Ministry of Health has acquired a batch of medical equipment to aid the response to the Novel Coronavirus (COVID-19) pandemic from international and local donors. Personal protective equipment (PPE), IR thermometers and hand sanitiser were provided by Engender Health, a nonprofit organisation based in Washington, DC, active in women's health, as well as sexual and reproductive health. The donation is worth 15.5 million Br. An additional 100,000 testing kits were also presented by ByteDance, a Chinese social media company that owns TikTok. The handover ceremony was attended by the ambassador of China to Ethiopia, Tan Jian. The Ministry also received 1.1 million Br worth of PPE, IR thermometers and hand sanitiser from Direct AID Society, a voluntary non-governmental organisation working on development projects. The Lions Club International Foundation, for its part, donated half a million Birr worth of isolation gowns.


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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...