Fed to Receive $15M Lifeline for Urgent Humanitarian Relief

Sep 1 , 2024


The United Nations has allocated 15 million dollars to Ethiopia from its Central Emergency Response Fund (CERF) for urgent relief to millions facing hunger, displacement, disease outbreaks, and climate-related disasters. It is expected to support critical interventions, including food assistance, shelter, health services, and protection efforts, particularly in areas severely affected by conflict and natural disasters. Ethiopia is among the top recipients in this latest funding round, second only to Yemen, which is set to receive 20 million dollars. The fund is part of a broader 100-million-dollar package aimed at addressing underfunded humanitarian crises around the globe. It comes amidst a worsening global funding outlook for humanitarian emergencies. Joyce Msuya, acting under secretary general for Humanitarian Affairs & Emergency Relief Coordinator, said lack of funding prevents aid agencies from reaching people who need life-saving assistance, stressing the importance of CERF as a crucial emergency fund when other humanitarian financing falls short. Managed by the UN Office for the Coordination of Humanitarian Affairs (OCHA), CERF has been a lifeline for those in dire need since its inception in 2005, disbursing over 9.3 billion dollars to support emergency responses in more than 110 countries. This includes over 3.2 billion dollars allocated specifically for underfunded crises like the current one in Ethiopia.


Radar

Dashen Bank Rolls Out Mobile Payment Solution

Dashen Bank has introduced a new digital payment service that allows customers to pay for fuel with ease using the Dashen Super mobile app. The service was officially launched on May 13 and is now available at every fuel stations. According to the bank, the Dashen Super app enables users to make payments in just three clicks, offering a fast and convenient alternative to traditional payment methods. Dashen Bank announced that it plans to expand the service across all fuel stations in the coun...


Radar

Four Key Agreements Passed in Parliaments 29th Regular Session

In its 29th regular session of the fourth year, Ethiopia's 6th Parliament approved four key agreements: two loan deals, the establishment of a finance corporation, and an air transport agreement. Assistant Minister of State for Finance, Meseret Haile, introduced the proposed loan agreements and requested they be sent directly to a second reading for discussion and approval. Parliament accepted the request and proceeded with a detailed discussion on the draft proclamations. Members of Parli...


Radar

New Pact Targets Rural Road Links, Food Security Goals

The Ministry of Urban Development and Infrastructure has signed an agreement with several federal institutions to launch a major project targeting rural connectivity and food security. At the signing ceremony, State Minister Yetmegeta Asrat represented the Ministry alongside officials from the Federal Ethics and Anti-Corruption Commission, the Federal Public Procurement and Property Authority, the Environmental Protection Authority, and Helvetas Ethiopia. A separate agreement was also signed...