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




Tigray State Begins Mandatory Two Week Quarantine

Apr 12 , 2020


[ssba-buttons]

Beginning today, April 13, 2020, all those who enter Tigray Regional State will be subject to a 14-day quarantine before being allowed to rejoin the public. In conjunction with the quarantine, which was proposed in order to halt the spread of Novel Coronavirus (COVID-19) into the state that has not confirmed a single case yet, the government will begin door-to-door community canvassing. Aside from scanning for the Coronavirus, the deployed officers will be raising awareness about protective measures that can be undertaken, as well as briefing citizens about the three-month state of emergency and its implications. For the canvass, the Bureau will be deploying over 23,000 trained professionals including healthcare workers, teachers and agricultural experts, according to Hagos. Additionally, the Tigray State Council has announced the establishment of farmer marketing cooperatives to ensure that farming products are available throughout the State during the state of emergency, which does not allow intrastate movement. Normally, farmers will just distribute their crops directly to markets. Now the cooperatives will take over this task.


Radar

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...


Radar

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...


Radar

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...