Tuesday, September 8, 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...

Dangote group outlines Ethiopian expansion plans in historic multi-trillion Naira IPO launch

By our staff reporter Dangote Industries Limited has officially commenced...

U.S. DFC targets SME investment for Bishoftu International Airport

The United States and Ethiopia are deepening their commercial...

Technical skills not enough: African PFM reforms put leadership at centre stage

Public-sector reform across Africa is rarely held back by...

KEFI suspends Tulu Kapi work until secure environment restored after fatal incident

London-listed mining company Kefi Gold and Copper has immediately...

Addis Chamber moves to lead private sector role at COP32 through new Green Growth Centre

By Eyasu Zekarias The Addis Ababa Chamber of Sectoral Associations...

CBE Reports Birr 60.51 Billion in Non-Interest Income

The Commercial Bank of Ethiopia (CBE) demonstrated robust revenue...

China’s economic significance for the world: Stabilizing the present and sharing the future

By Ambassador Jiang Feng The Wall Street Journal recently commented...
spot_img

Related Articles

Popular Categories

spot_imgspot_img