Concerns over wages as Ethiopia introduces textiles industrial park
By Andualem Sisay Gessesse – Hawassa, Ethiopia– In summary: Following the economic growth of Asian and Far East…
2017
Indian Tech Company set to green Ethiopia’s industries
Ethiopian government has decided to continue working with Arvind Limited, one of India’s leading companies, as its partner…
Afreximbank provides $200 million for Egypt’s industrialisation
The African Export-Import Bank (Afreximbank) has approved a $200 million industrialisation liquidity facility for Egypt’s Banque Misr for…
Red Cross distributes emergency aid to 35,000 people
Merima Musa is a mother of five children whose farm fields were in danger of lying empty. The…
Fiorano introduces its solutions to Ethiopian bankers
Fiorano, a Silicon Valley United States headquartered technology company, introduced its advanced banking solutions to representatives of banks…
Ethiopian Airlines orders two 777 Boeing aircrafts
Ethiopian Airlines and Boeing announced a commitment to purchase two 777 Freighters at the 2017 Paris Air Show,…
Shore Capital Fund III secures $15 million to support inclusive growth in Africa
The African Development (AfDB) has approved a $15 million investment in Shore Capital Fund III, a multinational Private…
COPA Coca Cola contributes to football development in Ethiopia
Urging others to follow Coca Cola’s footsteps to support youth football development in Ethiopia, the Ethiopian Football Federation…
African Development Bank approves $100 million for Export Trading Group
The African Development Bank approved a $100- million facility to finance Export Trading Group (ETG’s) soft commodity value…
Remittance lifts millions out of poverty, says new report
The amount of money migrants send to their families in developing countries has risen by 51 per cent…
Ethiopia inaugurates commercial farm service centers
BY ELIAS GEBRESELASSIE – Halaba Kulito city 240 kms south of Addis Ababa and Wolaita Sodo city 312…
Ethiopia launches E-visa service for 39 country citizens
The list of 39 eligible countries for E-Visa Application to travel to Ethiopia -June 13, 2017 Ethiopian Airlines…
Dangote supports 371, 000 internally displaced people in Nigeria
Africa’s foremost businessman, Aliko Dangote has donated food items worth more than 200 million Naira to 371, 000…
Djibouti Telecom set to bring high-speed connection to East Africa
Djibouti Telecom, East Africa’s leading telecom operator, announced today that it has joined its IP network with Hurricane…
United States strikes al-Shabaab logistics in Somalia
The United Sates government said its forces have conducted a precision airstrike in southern Somalia on Sunday. Eight…
Kigali to host seventh Africa hotel investment forum
The seventh edition of Africa Hotel Investment Forum (AHIF) is set to take place in Kigali, from October…
EU Bank helps 4 million Africans get telecom services
The European Union (EU) Bank is set to build 1000 new solar-powered mobile phone base stations to help…
How homegrown innovation solves Africa’s most pressing challenges
By Brett Parker – By now, I am convinced that you have heard of M-Pesa, the popular and…
High level panel on migration in Africa launched in Monrovia
Chaired by President Ellen Johnson Sirleaf of Liberia, a High Level Panel on Migration (HLPM) in Africa is…
Africa becoming center of global trade
Africa is increasingly moving to the center stage of global trade as its total trade tops $1 trillion…
Why Africa worries about food in the era of Nano technology
BY ANDUALEM SISAY GESSESSE – Ahmedabad, India The world has passed various development stages to reach where we…
Teddy Afro joins campaign on fathers’ role for child development
Singer Teddy Afro and Athlete Gebregziabher Gebremariam of Ethiopia as well as David Beckham join several global super…
AccorHotels set to operate Nairobi’s Tune Hotel
AccorHotels, the global hotel chain, announced today the signing of a management agreement to operate the currently branded…
Global economic spirits riving, research says
Nearly a decade after the worst economic downturn since the Great Depression, a new Pew Research Center survey…
Ethiopian Airlines, NGOs partner for humanitarian flight
Ethiopian Airlines partnered with Boeing and three non-profit organizations to deliver 6.5 tons of humanitarian aids for St.…
Africa, Europe call for full implementation of Paris Agreement
Reaffirming their strong commitment to full implementation of the Paris Agreement, the European Union and the African Union…
Ethiopian Airlines wins African Airline 2017 Award
Africa’s largest airline group, Ethiopian Airlines, said it has won the African Aviation ‘African Airline of the Year’…
Hotel development in Africa rises 13% in 2017
Hotel development activity in Africa increases in the face of the continent’s economic problems, showing a 13% increase…
Control Risk says Businesses not taking cyber security seriously
The latest cyber security analysis from Control Risks reveals that key decision makers do not have confidence in…
Japan invites Africa, India to use $4 billion investment fund
BY ANDUALEM SISAY – AHMEDABAD, INDIA – Japan Bank for International Cooperation (JBIC) invites African and Indian companies…