Wednesday, October 14, 2026
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UNFPA, UNICEF call for renewed commitment to end female genital mutilation in Ethiopia

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UNFPA and UNICEF jointly call for an increased investment of resources by the Government of Ethiopia and development partners to accelerate implementation of the National Costed Roadmap to End Child Marriage and Female Genital Mutilation amid a prolonged COVID-19 pandemic and humanitarian crisis. The call was made in connection with the observance of the International Day of Zero Tolerance against Female Genital Mutilation (FGM) today under the theme, “Accelerating Investment to End Female Genital Mutilation.”
Ethiopia has made remarkable progress in the last decade in the reduction of FGM prevalence among girls and women aged 15-49 from 74 per cent in 2005 to 65 per cent in 2016. However, Ethiopia is still a home to 25 million circumcised women and girls. This accounts for the largest absolute number in Eastern and Southern Africa and makes up 12.5 per cent of the 200 million women and girls who have undergone FGM globally. The prevalence of FGM among adolescent girls aged 15 to 19 has dropped from 62 per cent in 2005 to 47 per cent in 2016.
The National Costed Roadmap, which aims to end FGM by 2025, has an objective of sparing an estimated 3.6 million girls who are at the risk of undergoing FGM. The Government of Ethiopia is leading in costing and domestic financing the initiative pledging a 10 per cent annual budget increment in funding its National Costed Roadmap for FGM and child marriage. This is critical in decreasing dependence on external funding and assuring sustainability.

 

“Africa cannot outsource its healthcare security to the benevolence of others”

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African Development Bank Group President Dr Akinwumi Adesina has said that the most important lesson of the Covid-19 pandemic for Africa is the need to build a defense mechanism against external shocks, especially in healthcare and financial security.
“Investing in health is investing in national security,” Adesina told African leaders, at the opening of the 35th African Union Assembly in the Ethiopian capital. “Africa cannot afford to outsource the healthcare security of its 1.4 billion citizens to the benevolence of others.”
The Bank chief said the continent needed $484 billion over the next three years to address the socio-economic impacts of the Covid-19 pandemic and support economic recovery.
Adesina outlined three strategic priorities for an African healthcare defense system: building quality healthcare infrastructure; developing the continent’s pharmaceutical industry; and increasing the capacity of vaccine manufacturing. He added that the African Development Bank planned to invest $3 billion to support Africa’s pharmaceutical and vaccine manufacturing capacity.

Equity Group ranked the 5th strongest banking brand in the world

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Equity Group, East, and Central Africa’s largest financial services Group, has been named the 5th strongest banking brand in the world. The Group is the only new entrant among the top ten leading banking brands and has entered the arena with an impressive Brand Strength Index (BSI) of 90.8 compared to the strongest banking brand that scored a BSI index of 94. The Group tied with the top four banking brands with a similar brand ranking score of AAA+, the highest rating that a brand can attain. Brand Strength Index (BSI) is calculated by assessing a brand’s marketing investment, Stakeholder Equity and Business Performance. Based on the BSI, a brand is assigned a corresponding Brand Rating of up to AAA+, similar to a credit rating.
According to the Brand Finance Banking 500 2022 Annual Report that was released this week, Equity Group is among the few banks from smaller and emerging markets to join a total of 30 new entrants into the top 500 banking brands.

Emerging markets rankings show african gains in digital readiness

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Leading African economies that have struggled to improve their infrastructure, business conditions and overall competitiveness are generally performing better against other emerging markets in areas that measure their digital skills and sustainability.
That’s one of the findings of the 2022 Agility Emerging Markets Logistics Index, a ranking of the world’s 50 leading emerging markets.
Kenya ranks No. 28 in the overall Index but is 17th in digital readiness. South Africa, No. 24 overall, is 21st in digital readiness. Likewise, Ghana is 32nd overall and 23rd in digital readiness.
The Index, now in its 13th year, ranks countries for overall competitiveness based on their logistics strengths, business climates and, for the first time, their digital readiness – all factors that make them attractive to logistics providers, freight forwarders, air and ocean carriers, distributors and investors. The Index includes a survey of 756 supply chain industry professionals.