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Parliament Approves Multi-Actor Agricultural Extension Reform


Parliament Approves Multi-Actor Agricultural Extension Reform

Parliament has approved a proclamation to restructure the agricultural extension system, opening service delivery to private firms, NGOs, and other actors. Adopted during the 14th regular session, the law introduces a multi-actor model to address gaps in the existing state-led system, which lawmakers say has struggled to meet farmers’ evolving needs. Solomon Lale, chair of the Agriculture Affairs Committee, said the framework creates legal space for new entrants, including digital advisory platforms. Service providers will be required to register and meet certification standards to ensure quality and accountability. The proclamation also establishes an agricultural extension fund to improve financing and expand coverage, which currently remains below 36pc. Parliament unanimously endorsed the legislation, signalling a shift toward a more diversified and technology-driven extension system.

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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...