“…As a result, recent studies focusing on monitoring extreme weather events such as floods and droughts across many regions have resorted to using of satellite‐based rainfall estimate products (Nicholson et al, ; Serrat‐Capdevila et al, ; Tan & Santo, ; Xu et al, ) These products are preferred due their capability in monitoring precipitation over spatial and temporal scales unlike in situ rain gauge data (Maggioni et al, ; Ongoma et al, ; Peña‐Arancibia et al, ). Numerous studies have been conducted to examine the role of satellite‐based rainfall estimate products, regional climate models, and reanalysis data to quantify rainfall and establish reliable forecast systems (Ayehu et al, ; Ayugi et al, ; Dinku et al, ; Ongoma et al, ). Moreover, different data sets have been analyzed to check their performance and their response when applied on hydrological models, environmental assessment, or extreme events analysis (Caracciolo et al, ; Deng et al, ; Gebrechorkos et al, ; Kim et al, ; Pérez‐Zanón et al, ; Tang et al, ; Wang et al, ; Zhang et al, ).…”