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Northern Ethiopia Embarks on €10m Finance Deal

Oct 14 , 2023

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War-stricken areas in the north foresee a 10 million euro finance to harness stabilisation from the German government and the United Nations Development Programme (UNDP). The agreements were signed between Stephan Auer, ambassador of Germany and Turhan Saleh, UNDP representative last week. The finance is put forth for Afar, Amhara and Tigray regional states. The Ambassador applauded efforts to implement the Cessation of Hostilities Agreement to end the conflict. He disclosed the finance is support from Germany to encourage Ethiopia on the path towards national healing. "Only dialogue and mutual trust will overcome division and conflict," he emphasised.

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Ethiopia Unveils Consortium to Insure Millions of Farmers

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula Advisors and five major Ethiopian insurers. AICE plans to promote climate resilience through insurance bundled with the government's input voucher system. Leveraging AI platforms like Mavuno and PIE, it plans to standardise products, lower costs, and expand coverage to over 200 woredas. With agricu...

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New Coopbank Partnership Targets Youth Economic Empowerment

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Ethiopian Netpreneur Program Training Kicks Off

The Ethiopian Netpreneur 2025 Training Program has officially launched its first cohort in Addis Abeba with 64 entrepreneurs beginning their first round of training. Organised by the Global Digital Talent Academy, the initiative plans to empower local business owners, startup founders, and digital sector players with global-level e-commerce skills. At the launch event, Innovation and Technology Minister Belete Mola (PhD) urged participants to leverage the opportunity to build networks and shape...

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