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




Japan Inaugurates School Facilities in Afar

Mar 13 , 2021


[ssba-buttons]

Japan inaugurated a school-block construction project for Awash Primary School in Sebat Kilo Town, Afar Regional State, built for 89,280 dollars. The project includes two new blocks at the primary school and eight new classrooms that will enable 800 students to enroll at the school. The project was funded through Japan’s Grant Assistance for Grassroots & Human Security Projects (GGP), which also inaugurated a primary school expansion project, built with 100,000 dollars in Gunchire, Gurage Zone in the Southern Regional State a few weeks ago. At the end of January, the project extended a 3.5-million-Br grant for an expansion project of Dalota Pre-Primary School in Galan town, Oromia Regional State. The additional facilities will enable the school to accommodate 400 students, nearly double its previous capacity. The GGP was first introduced in 1989, and over 400 projects have been implemented across the country through this scheme in sectors such as education and health services.


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. Bisrate Teshome, senior private...


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 less than 250 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 o...


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...