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Carrefour will enteAs part of the deal, Carrefour will work closely with Midroc teams to transform the full Queens Supermarket network into Carrefour-branded stores. The partnership also includes a long-term plan aimed at steady growth and wider reach in the Ethiopian retail sector.
The National Bank of Ethiopia’s (NBE) Monetary Policy Committee (MPC) noted that headline inflation stood at 10.9 percent in November 2025, continuing a downward trend toward the central bank’s goal of single-digit inflation.
Authorities cited persistent regulatory violations, financial irregularities and threats to national security as the driving reasons for the unprecedented crackdown.
Safaricom first entered Ethiopia in 2022, with Standard Bank acting as both advisor and financier. Since then, the telecom firm has invested $2.27 billion (Sh292.77 billion) in telecom and digital financial infrastructure across the country.
The bank served as the sole arranger, lender, and facility agent for the term facility, also providing advisory services to ensure the funding meets Safaricom’s specific operational and market needs.
The tensions come as Nile Basin nations prepare for a meeting in Bujumbura aimed at advancing a cooperative framework and establishing a basin commission. The commission would serve as a platform for shared management of the river and its tributaries, though Egypt has yet to ratify the agreement, slowing progress.
The firm noted that the platform had already received full approval from the National Bank of Ethiopia and the Information Network Security Agency, affirming compliance with all regulatory standards.
The court noted that the matter raised serious concerns, and that immediate action was necessary to prevent potential harm to refugees while the case is being fully examined.The dispute arose after the Commissioner for Refugee Affairs issued a notice on July 31 halting the registration of new asylum seekers from the two countries.
The Africa Centres for Disease Control and Prevention (Africa CDC) reported that by November 14, nine individuals had tested positive for Marburg virus in Jinka.
In a bid to strengthen the response, WHO released Sh38 million from its Contingency Fund for Emergencies to assist national authorities in handling the situation immediately.
The announcement came during COP30 in Belem, Brazil, as the global community gathered in the heart of the Amazon to discuss climate action.
According to the Office of Prime Cabinet Secretary Musalia Mudavadi, Samuel Njagi Mbugua was seized on October 28, 2025, while working as a plant manager at a glass packaging factory in Debre Benha, Amhara Region, roughly 120 kilometres from Addis Ababa.