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AU to raise USD 300mln for COVID-19 response

The African Union Commission (AUC), in collaboration with various institutions and prominent individuals, is set to raise USD 300 million, nearly half the USD 647 million needed to ease the social, economic and humanitarian impacts of COVID-19 in all African countries.

The Pandemic’s Complex Cocktail

Having long been buttressed by ample liquidity, financial markets are entering the final quarter of 2020 amid an increasingly tentative global economic recovery, unusual political uncertainties, and lagging fiscal and structural policy responses.

The New Normal Comes With a Pinch of Salt

Alexander Araya a.k.a DJ Astronaut-E is planning to host an event this Friday. With the event marking his debut in event organization, Alexander is nervous about how the event will unfold. There are also concerns about dangers posed by COVID-19. He’d waited to see if it was safe to hold an event at this time. 

Future of escalating Federal–Tigray tension

The dispute between the federal government and the Tigray Regional Government seems to have reached a tipping point. The small bubbles that have been building up for more than two years since the last General Assembly of the defunct four-party coalition of the Ethiopian Peoples’ Revolutionary Democratic Front (EPRDF) in Hawassa, look to have gathered mass and the resulting tornado approaching the shores.

Crunch Time

In one of the most action-packed weeks in recent history, the Ethiopian bi-cameral Parliament has kick-started its unique sixth-year term, having its term extended after the decision to postpone the General Elections due to COVID-19 pandemic

Two-billion steel manufacturer on the horizon

A local company established by four Ethiopian investors, Tadash Steel Manufacturing Industry Plc, has built a steel factory at a total cost of two billion birr in Dukem town, in the Special Zone of the Oromia Regional State.