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




MasterCard Funds COVID-19 Response Centre

Oct 17 , 2020


[ssba-buttons]

MasterCard Foundation and the Ministry of Innovation & Technology have launched a project to support the development of the Citizens Novel Coronavirus (COVID-19) Response Data-Driven Health Informatics Portal. The Ministry has received close to 887,000 dollars from the Foundation for the project, which will leverage digital innovation in the response and engagement of citizens on the pandemic. The platform being devised by the project will serve as a joint portal to collect and release information on government intervention policies regarding COVID-19 at a regional and national level. It will also facilitate information flow to citizens on all government COVID-19 responses. Plans for a rapid response centre to respond to questions and concerns from citizens is part of the project. This will use an inbound and outbound call centre with a toll-free line integrated with an information portal. The Response Centre is expected to be run by the Ministry of Innovation & Technology and its partners, including the Ministry of Health, the Ethiopian Public Health Institution, and Ethio telecom among others.


Radar

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...


Radar

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...


Radar

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...