Africa advised to avoid grants, aid
African countries should lay far less emphasis on grants and aid in order to pull themselves out of…
2017
Ethiopia devaluates birr by 15%
Ethiopian government announced its national currency, the birr, by 15% effective Wednesday, October 11, 2017, the National Bank…
Investing in climate-resilient agriculture eradicates malnutrition – report
Investing in climate-resilient agriculture not only improves food security but contributes to eradicating malnutrition, according to the findings…
Radisson Blu to open third hotel in Ethiopia
The Carlson Rezidor Hotel Group, one of the fastest growing hotel companies in the world, adds another iconic…
Dangote tells investors to produce the entire value chain
At the Financial Times’ 4th annual Africa Summit at Claridges in London, Africa’s most successful business leader Nigerian…
Facebook gets behind African entrepreneurs
Facebook announces a week-long celebration of activities as part of its sponsorship of TechCrunch’s Startup Battlefield Africa 2017.
Off-grid Solar set to triple in Africa
A new report has confirmed that Solar is now the fastest growing energy source in the world, and…
DHL, MallforAfrica partner to expand cross-border e-commerce
DHL Express, the world’s leading international express services provider recently announced its partnership with MallforAfrica, the award-winning global…
AfDB issues Light Up and Power Africa Bond
The African Development Bank (AfDB) has issued the first “Light Up and Power Africa” Bond for SEK 733…
Hilton launches Africa Growth Initiative
Hilton allocates $50 million over the next five years towards the Hilton Africa Growth Initiative to support the…
SSP celebrates 30 years in the African insurance market
SSP celebrates the 30-year anniversary of providing general insurance (short-term) software solutions to African customers.
Consensus reached on actions for sustainable industrialization in Central Africa
The 33rd meeting of the Intergovernmental Committee of Experts for Central Africa (ICE2017) has ended in Douala with…
Ecobank launches mVisa in 33 African countries
Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers in 33 African…
Merck Foundation set to increase number African oncologists
Merck Foundation supports the training of Twenty Future Oncologists in Africa through one and two year Oncology Fellowship…
UN agency advised Africa to focus on ICT
Investment in innovation is critical if Africa’s new industries mainly the information and communication technologies (ICT) sector, says…
Ethiopian Airlines goes fully digital
Removing paper from the entire system Ethiopian Airlines Group said it has fully digitalized all its business processes…
African Development Bank provides $200 million for African industrialization
The Board of Directors of the African Development Bank Group (AfDB) has approved a private sector multi-currency line…
Madagascar and Siemens ink agreement to generate electric power
The Republic of Madagascar and Siemens ink agreement to cooperate and identify measures to fast track power generation…
USAID launches program for orphans, vulnerable children in Ethiopia
The United States Agency for International Development (USAID) along its partners launched its new USAID Caring for Vulnerable…
Astrazeneca’s healthy heart Africa holds free blood pressure screening
AstraZeneca’s Healthy Heart Africa (HHA) programme announced plans to hold free major Blood Pressure screening events as part…
Youtap launches mobile money payment platform
Youtap launched Youtap Cloud, a payment processing platform delivered as a cloud service for mobile money and payment…
Ethiopian Airlines marks 5th year flight to Toronto
Ethiopian Airlines Group, the largest airline in Africa, marked five years service to Toronto, Canada.
British Ambassador to Ethiopia opens Limalimo Lodge
Limalimo Lodge, a state of the art Ethio-British boutique hotel located within Simien Mountains National Park, was host…
Zimbabwe secures $600 million loan
The African Export-Import Bank (Afreximbank) yesterday entered into a memorandum of understanding (MOU) to provide a $600-million line…
Afreximbank Develops African Trade Centers
The African Export-Import Bank (Afreximbank) has embarked on a concept to transform its buildings into iconic business complexes…
Ethiopia relocates 100,000 South Sudanese refugees in one year
The United Nations Higher Commissioner for Refugees (UNHCR) and the International Organization for Migration, IOM, announced that over…
Africa50, Senelec to develop 120 MW power plant in Senegal
Africa50, the infrastructure fund for Africa, signed a development agreement with Senelec, Senegal’s electricity provider, for competitive selection…
Korea set to host African Development Bank 2018 Annual Meetings
The African Development Bank Group (AfDB) and the Government of Korea have officially launched preparations for the Bank’s…
QNET set to create entrepreneurship opportunities in Tanzania
QNET, a company of Asian heritage and a part of the $200 billion global direct selling industry is…
African Union Peace Support Operations Division held annual meeting
The African Union (AU) Peace Support Operations Division (PSOD) convened the CSSG Annual Meeting under the theme: “The…