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IRC Beefs Up Drought Response, Warns 25m at Risk of 'Extreme Hunger'


IRC Beefs Up Drought Response, Warns 25m at Risk of 'Extreme Hunger'

The International Rescue Committee (IRC) has pledged a further five million dollars to bolster drought response efforts in East Africa. The humanitarian organisation warns that gaps in funding could leave 25 million people in Ethiopia, Somalia and Kenya at risk of "extreme hunger". The UN called the drought "the worst in four decades." It is the result of three consecutive poor rainy seasons, which have been disastrous for the largely pastoralist population in the affected areas. The IRC says severe and acute malnutrition are their highest rates on recent record in drought-affected areas in all three countries. The organisation urges additional financing to combat the effects, saying Somalia still needs 96pc of  the required funding to reach the targeted population with critical humanitarian aid. The figure is around 90pc in Kenya. Last month, Mustafe M. Omer, president of the Somali Regional State, the worst-hit region in Ethiopia, said the drought in the region has been successfully averted from becoming a famine.

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Radar

Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in the Horn of Africa at the Ministry of Agriculture, Biniyam Fantaye and Taye Habte, senior irrigation engineers involved in the Development Response to Displacement Impacts Project (DRDIP-II), as well as private individuals and construction company representatives. The case alleges losses and illicit...


Radar

EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

Ethiopian Investment Holdings (EIH) is relocating its headquarters from its current site on General Wingate Street. The former headquarters was located behind the Ministry of Industry and near Abrehot Library. The new office is expected to be on Mozambique Street, along the route from Mexico Square to Bulgaria Road. The building belongs to one of EIH's subsidiaries, and all departments are set to move there as interior design and finishing works continue. Under the leadership of Brook Taye...


Radar

Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings, supported by trade fairs linking local producers to domestic and international markets. On average, 700 new projects enter the market annually, contributing to more than 2,800 investments over four years. At the grassroots level, 18,000 SMEs have been established, while 993 dormant factories have...