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




US Avails Potable Water in Afar

Oct 5 , 2019


[ssba-buttons]

The United States Agency for International Development (USAID), in collaboration with DuPont Water Solutions, built a water well for the community in Serdo, Afar Regional State. The well was inaugurated on October 2, 2019, with the presence of Michael Raynor, the United States Ambassador to Ethiopia, and Awol Arba, president of Afar Regional State. The water well will provide water to over 2,000 people in the area. USAID’s Lowland Water, Sanitation and Hygiene (WASH) project, in collaboration with DuPont Water Solutions and the Afar Water and Irrigation Resource Development Bureau, installed a reverse osmosis water system featuring a standalone cooling tower. The USAID's WASH project has reportedly built 25 community-water supply systems and rehabilitated 91 water systems over the past few years, providing access to safe drinking water for more than 200,000 people living in the area where water is scarce.


Radar

Liquidity Relief, Reform Pressure Meet as World Bank Prepares Major Budget Support

The World Bank is set to approve a 1.45 billion dollar budget support package for the Ethiopian government on June 25, 2026. The announcement came alongside a high-level consultation at the Ethiopian Skylight Hotel, where leaders from the Ethiopian Chambers of Commerce and Sectoral Associations (ECCSA) met with private sector representatives and the National Council. The package follows an earlier 17 billion dollar credit and summer service support allocation. Bisrate Teshome, senior private...


Radar

Cabinet Approves 502b Birr Budget as City Returns to Federal Subsidy

The Addis Abeba City Cabinet has approved a 502 billion Br budget for the 2026/27 fiscal year, a fiscal plan that marks a return to federal subsidies despite previous claims of municipal self-sufficiency. The budget, now awaiting final ratification by the City Council, incorporates a federal subsidy of more than 74 million Br. This policy reversal follows the 2025/26 mid-year salary revisions for civil servants, implemented to buffer the inflationary impact of the floating Birr on the cost of...


Radar

Global Analytics Meets Local Insight as WAAS Partners With Kantar in Ethiopia Expansion

WAAS International Plc has partnered with global analytics firm Kantar on June 12, 2026, to introduce predictive analytics and consumer tracking tools into the country's corporate market. The collaboration blends Kantar's global methodologies with WAAS's 35-year local data archive to support business leaders operating in a liberalising economy. WAAS Managing Director Efera Busa said the partnership connects global expertise with local context, delivering standardised metrics without losing cu...