The African Export-Import Bank (Afreximbank) has approved a $200 million industrialisation liquidity facility for Egypt’s Banque Misr for the financing of small and medium-sized enterprises (SMEs) and to support light manufacturing activities…
Merima Musa is a mother of five children whose farm fields were in danger of lying empty. The family, already buffeted by the effects of both repeated poor rains and inter-communal clashes,…
Fiorano, a Silicon Valley United States headquartered technology company, introduced its advanced banking solutions to representatives of banks in Ethiopia on Wednesday at the Sheraton Addis.
Ethiopian Airlines and Boeing announced a commitment to purchase two 777 Freighters at the 2017 Paris Air Show, valued at $651.4 million at list prices.
The African Development (AfDB) has approved a $15 million investment in Shore Capital Fund III, a multinational Private Equity Fund.
Urging others to follow Coca Cola’s footsteps to support youth football development in Ethiopia, the Ethiopian Football Federation says, COPA Coca Cola football tournament is contributing to the improvement of football in…
The African Development Bank approved a $100- million facility to finance Export Trading Group (ETG’s) soft commodity value chain operations in sub-Saharan Africa.
The amount of money migrants send to their families in developing countries has risen by 51 per cent over the past decade – far greater than the 28 per cent increase in migration from…
BY ELIAS GEBRESELASSIE – Halaba Kulito city 240 kms south of Addis Ababa and Wolaita Sodo city 312 kms south of Addis Ababa in Southern regional state have become owners of two…
The list of 39 eligible countries for E-Visa Application to travel to Ethiopia -June 13, 2017 Ethiopian Airlines and the Ethiopian Immigration and Nationality Affairs Main Department today launched the initial phase to…
Africa’s foremost businessman, Aliko Dangote has donated food items worth more than 200 million Naira to 371, 000 Internally Displaced Persons (IDPs) in Borno state of Nigeria.
Djibouti Telecom, East Africa’s leading telecom operator, announced today that it has joined its IP network with Hurricane Electric, the world’s largest IPv6-native Internet backbone.
The United Sates government said its forces have conducted a precision airstrike in southern Somalia on Sunday. Eight al-Shabaab militants killed in the strike, according to the press statement of the U.S.…
The seventh edition of Africa Hotel Investment Forum (AHIF) is set to take place in Kigali, from October 10 – 12, 2017, the organizers said.