One in ten medicines in developing countries are counterfeit – WHO
An estimated 1 in 10 medical products circulating in low- and middle-income countries is either substandard or falsified,…
November 2017
African Development Bank finances Kenya’s airport expansion
The African Development Bank (AfDB) approved a $160 million loan for the expansion of Jomo Kenyatta International Airport…
Boortmalt Malting set to open malt factory in Ethiopia
In order to satisfy the increasing demand of breweries in Ethiopia, Boortmalt Malting of Belgium is set to…
Africa told to benefit from Internet economy
Many African countries have made significant progress towards creating an Internet sector, with broad reforms that focus on…
Tunisia secures €112 million loan for road construction
The Board of the African Development Bank Group (AfDB) has approved a loan of €112 million to help…
African entrepreneurs join Alibaba Business School
Alibaba Business School and the United Nations Conference on Trade and Development (UNCTAD) have brought together 24 Africa-based…
Nigeria, Somalia and Uganda set to improve drought resilience
A joint initiative of the African Development Bank (AfDB) and the Islamic Development Bank (IsDB) is set to…
African Development Bank calls for improved air connectivity
The African Development Bank (AfDB) has called for bold actions to improve connectivity, market access, and cost reduction…
Gulf Air, ST Aerospace Arm sign 15-Year Contract
Gulf Air, the Kingdom of Bahrain’s national carrier, awarded a 15-year contract for Boeing 787 aircraft Component Support…
Sao Paulo prepares for 5th Brazil-Africa Forum
The city of Sao Paulo is set to host the 5th edition of Brazil-Africa Forum that focuses on…
Loans for Aussie Businesses Trading Abroad: Promoting Economic Growth
Australia currently enjoys a relatively robust relationship with Ethiopia. Current exports to Ethiopia amount to $446 million, and…
Journalists honored for courageous reporting
Journalists from Cameroon, Mexico, Thailand, and Yemen were honored Wednesday night at the Committee to Protect Journalists’ 27th…
Novartis to fight cancer in Ethiopia, Uganda and Tanzania
Novartis, the American Society for Clinical Pathology (ASCP) and the American Cancer Society (ACS) announced today they will…
IBM Cloud provides solution for Cooperative Bank of Oromia
IBM announced that Cooperative Bank of Oromia has turned to IBM for transformation of its core banking, middleware…
Ethiopian Airlines wins African Airlines Award
Ethiopian Airlines said it has won the African Airlines Association’s (AFRAA’s) Airline of the Year Award for the…
China’s Crucial Role in APEC
By Carlos Aquino Rodriguez – In 1994 the Bogor goals were established Asia-Pacific Economic Cooperation (APEC) with the…
Tunisia secures €72 million loan to improve digital capability
The Board of the African Development Bank Group has approved a loan of €71.56 million to support the…
UK to double trade support for Ethiopia
The UK has doubled the amount of export finance it is making available to support UK-Ethiopia bilateral trade,…
Motorola unveils technology for safer cities, expands Africa footprint
By Edris Redi – Motorola Solutions (NYSE: MSI) has unveiled advanced solutions and futuristic technologies for safer cities,…
Coca Cola provides assistance to internally displaced in Ethiopia
East Africa Bottling S.C (EABSC), a local bottler of Coca Cola, handed out 1.5 million birr worth food…
Developing countries improve access to credit, says World Bank
Developing countries carried out 206 reforms, accounting for 78 percent of the total reforms, with Sub-Saharan Africa implementing…
RENEW invests in logistics, e-commerce in Ethiopia
Members of RENEW’s Impact Angel Network (IAN) are set to invest in the burgeoning logistics and e-commerce industries…
African oil week opens in Cape Town
The African oil industry met this week in Cape Town to discuss the potential, but also the challenges,…