New Business Ethiopia

Over half a million people in Ethiopia are affected by flooding that occurred over the last few weeks, government official said.

Some 50,000 people in Southern Ethiopia are displaced by flash flooding that followed a heavy rain.

Heavy rainfalls in Ethiopia are likely to cause flash and/or river floods in low laying areas, leading to displacement of 331,000 people.

Ethiopia has the highest number of new displacements globally, as new figures reveal over 70 million people are on the move worldwide – the highest number ever recorded.

By Andualem Sisay Gessesse – In my view one of the main reasons why Addis Ababa is overcrowded at the moment by the people flooding into the city from all corners of Ethiopia is lack of jobs and opportunities, which is breading instability and conflict. While the number of people graduated or dropouts is increasing […]

Seven Multilateral Development Banks (MDBs) launched a new platform to enhance their collaboration on economic migration and forced displacement today on the margins of the IMF-World Bank Group Spring Meetings.