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




Sudan Takes in 120 Ethiopian Refugees an Hour

Nov 29 , 2020


[ssba-buttons]

An average of more than 120 Ethiopian refugees an hour have been crossing the border of Sudan, according to the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA). At the end of last week, there were well over 40,000 refugees, leaving services overwhelmed as the needs increase by the day. Islamic Relief distributed emergency food packs and hygiene kits to around 4,000 people in Um Rakuba camp in eastern Sudan. It has distributed food packs to 784 households and distributed hygiene kits including soap and other sanitary items to 1,088 households. Saudi Arabia and Norway have pledged to aid the refugees in Sudan. The UN has announced that around 200 million dollars is needed to accommodate the refugees streaming into Sudan from Ethiopia. Potentially, up to 200,000 Ethiopians could flee to Sudan over the next six months, according to the UN. As of the beginning of this month, the federal government and Tigray Regional State administration are in a conflict after the Defence Forces responded to the latter allegedly attacking the Northern Command of the Defence Forces.


Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


Radar

MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


Radar

Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...