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Solar Initiative Targets Water Access for Farming, Livestock


Solar Initiative Targets Water Access for Farming, Livestock

The World Food Programme, Germany and the Ethiopian government have launched a solar-powered irrigation project in the Somali Region to bolster food security and drought resilience for pastoral communities. Financed by KfW Development Bank, the initiative is expected to support 17,000 pastoral and agro-pastoral households, or around 85,000 people, through improved water access for farming and livestock. Using solar energy to pump water from the Shebelle River, the project aims to enable year-round food production, including during drought periods. Officials say the initiative is designed to strengthen livelihoods, climate adaptation and long-term resilience. The project has already generated 17.5 million Br in production value during the 2024/25 fiscal year, contributing to higher incomes and stronger protection against climate shocks.

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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...