Thursday, July 23, 2026

Six African cities take stock of fiscal reforms in drive toward sustainable urban finance

City leaders and finance officials from across the continent gathered in Addis Ababa for a day-long regional peer learning and action plan progress review workshop, organized by the United Nations Economic Commission for Africa (ECA), in collaboration with UN-Habitat, UNCDF, and the Addis Ababa City Administration.  

Held on 22 January, the meeting brought together mayors, technical experts, and representatives from the Ministries of Finance and Planning of six cities — Addis Ababa, Dar es Salaam, Kigali, Nairobi, Lusaka, and Yaoundé — under the ECA-led project titled, “Expanded and Resilient Urban Fiscal Space for an Inclusive and Resilient COVID-19 Recovery in Africa.” 

The initiative, supported through the United Nations Development Account, aims to help local governments mobilize and better manage financial resources to support inclusive and sustainable urban transformation. It demonstrates the ongoing efforts made in selected cities to strengthen municipal finance systems and build fiscal resilience following the economic shocks of the COVID-19 pandemic. 

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Pitron Launches Digital Solution to Prevent Paper-Based Losses in Ethiopian Financial Cooperatives

Ethiopia’s cooperative financial sector, serving over 25 million citizens...

Mastercard Foundation announces $500 million AHEFT prize to catalyze higher education across Africa

The Mastercard Foundation has officially launched the Africa Higher...

MatterMiner launches localized legal practice platform for African markets

Mkenga Na Namwaka, Incorporated has announced the commercial availability...

Government preparing new vehicle ownership tax

Ethiopia is preparing to establish a formal revenue-sharing system...

U.S. Commerce Department Launches Investigation into Solar Imports from Ethiopia

The U.S. Department of Commerce has officially initiated a...

Ethiopia’s landmark budget allocations signal sustained commitment to reducing tobacco use

The Campaign for Tobacco-Free Kids applauds the Ethiopian government...

Africa Wants to Make Its Critical Minerals a Lever for Industrialisation and Economic Transformation

African ministers, representatives from continental institutions, the private sector,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img