The African Capacity Building Foundation (ACBF) the sepecialized agency with 40 African member states, says it has invested over $700 billion on capacity development in different African countries since its establishment in 1991.
Month: January 2018
Ethiopia secures $1.6 billion additional revenue capturing fake invoices
By Andualem Sisay Gessesse – China and the United Arab Emirates (UAE) are the major sources of fake invoices importers in Ethiopia are using, says Ethiopian Revenue and Customs Authority (ERCA).
UK’s Butyl introduces products to Ethiopian market
By Andualem Sisay Gessesse – Butyl Products Group (BPG), United Kingdom’s company specialized in design, development, manufacture and installation of liquid containment module systems introduces two products to customers in Ethiopia.
Corruption a scourge Africa can do without, says ECA’s Biha
Corruption is a scourge that has to be combated if Africa is to achieve the laudable goal of leaving no one behind as enshrined in the 2030 Agenda for sustainable development, says Economic Commission for Africa’s (ECA) Deputy Executive Secretary,…
Women network urges AU to escalate fight against corruption
The African Union Member States must take critical steps to eradicate corruption in Africa that perpetuates gender inequality and the disempowerment of women and girls in the continent, women network urges.
Ethiopia drops charges against 528 political prisoners
By Andualem Sisay Gessesse – Ethiopian government, which has been denying political prisoners in the country, today announced its decision to stop court case of 528 political prisoners, including the Chairman of Oromo Federalist Congress, Merera Gudina (PhD).
Ethiopia expects 47% tax revenue increase this year
BY ANDUALEM SISAY GESSESSE – The total tax income of Ethiopia for the current year will increase by 47% compared to the previous year, says Ethiopian Revenue and Customs Authority (ERCA).
World Bank predicts African economy to grow by 3.2% in 2018
The World Bank forecasts Africa’s average economic growth to rise to 3.2 percent in 2018 and to 3.5% in 2019. The growth is expected as a result of improving commodity prices and expected gradual strengthening of domestic demand.
Africa gets 48,000 babies on new year eve
Approximately 48,000 babies born in the Eastern and Southern Africa region on New Year’s Day, the UN Children’s Fund (UNICEF) said today.
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