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UN Food Agency Cuts Refugee Rations as Funding Crisis Deepens


UN Food Agency Cuts Refugee Rations as Funding Crisis Deepens

The UN World Food Programme (WFP) has reduced food rations for 780,000 refugees across 27 camps in Ethiopia, cutting allocations from 60pc to 40pc, leaving recipients with less than 1,000 calories a day. Only 70,000 newly arrived refugees from Sudan and South Sudan will continue to receive full rations for six months. “We are making impossible choices,” said Zlatan Milisic, WFP’s Country Director in Ethiopia. “Without additional funds, we risk halting food distributions entirely.” The agency requires 230 million dollars to sustain its operations over the next six months. Supplies of specialised nutritious foods for one million malnourished children and mothers are expected to run out by December if funding gaps persist. In Somali region, WFP and the government are supporting 700,000 people affected by drought and floods. Between January and October 2025, the agency assisted 4.7 million people nationwide through food aid, school meals, and resilience programs. Ongoing insecurity in Amhara continues to hinder field operations.

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Customs Authorities Intercept Major Alleged Contraband Shipment Worth 422 Million Br

The Customs Commission seized alleged contraband goods worth more than 422 million Br during inspections conducted between June 25 and June 30, 2026. The haul included clothing, electronics, ammunition, construction materials, coffee, vehicle spare parts, cosmetics, khat, narcotics, minerals, livestock and foreign currency. The Addis Abeba Airport, Moyale and Awash customs branches recorded the largest seizures, valued at 115 million Br, 93 million Br and 61 million Br, respectively. Authorit...


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Hijira Bank Posts Record Growth as Assets Reach 31.45 Billion Br

Hijira Bank posted 3.55 billion Br in income in 2025/26, exceeding its combined earnings over the previous four years, while gross profit reached 1.9 billion Br. Assets rose 115pc to 31.45 billion Br, deposits doubled to 24 billion Br, and capital increased 202pc to 7.45 billion Br. Digital transaction value surged 86pc to 41.72 billion Br, foreign currency earnings reached 158 million dollars, and total banking transactions hit 615.39 billion Br. The bank also disbursed 1.5 billion Br in col...


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Gadaa Bank Offers One Million Shares to Public Investors

Gadaa Bank has offered one million shares to the public at 1,050 Br per share following approval from the Ethiopian Securities Exchange (ESX) on June 22, 2026. The share sale keeks to expand the bank's capital base and strengthen shareholder value. The offering will run until September 17, 2026, and is open to existing shareholders and new investors who meet ESX requirements. It is open to existing shareholders and new investors who meet ESX requirements...