UN Provides $36.6m to Conflict Victims

Dec 19 , 2020


[ssba-buttons]

The United Nations (UN) has allocated 36.6 million dollars in response to the conflict in Tigray Regional State for the provision of water, sanitation and medical supplies, as well as the protection of civilians caught up in the conflict between the federal government and former regional government of Tigray. Thirteen million dollars of the funding was sourced from the UN Central Emergency Response Fund (CERF) and is allocated to people in Ethiopia. In comparison, the UN humanitarian chief released five million dollars for refugees newly arrived in Sudan. Over 50,000 Ethiopians, almost half of them children, have fled across the border into Sudan. An additional 12 million dollars has been released from the UN Humanitarian Fund in Ethiopia and 5.6 million dollars from the UN Sudan Fund. Precedence will be given to women, children and disabled people during the distribution of aid and supplies.


Radar

Ethiopia Unveils Consortium to Insure Millions of Farmers

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula Advisors and five major Ethiopian insurers. AICE plans to promote climate resilience through insurance bundled with the government's input voucher system. Leveraging AI platforms like Mavuno and PIE, it plans to standardise products, lower costs, and expand coverage to over 200 woredas. With agricu...


Radar

New Coopbank Partnership Targets Youth Economic Empowerment

The Cooperative Bank of Oromia (Coopbank) has signed a strategic agreement with Melka Ethiopia to provide loan services to over 120,000 young men and women nationwide. The partnership plans to promote youth economic empowerment by expanding access to finance and creating jobs, with a strong focus on rural and underserved areas. Both institutions held joint discussions to explore ways to improve youth livelihoods and financial inclusion. By closing access gaps, the partnership is expected to help...


Radar

Ethiopian Netpreneur Program Training Kicks Off

The Ethiopian Netpreneur 2025 Training Program has officially launched its first cohort in Addis Abeba with 64 entrepreneurs beginning their first round of training. Organised by the Global Digital Talent Academy, the initiative plans to empower local business owners, startup founders, and digital sector players with global-level e-commerce skills. At the launch event, Innovation and Technology Minister Belete Mola (PhD) urged participants to leverage the opportunity to build networks and shape...