Dozens arrested for bomb attack in Addis Ababa
Suspected of the Saturday Meskel Square rally bomb blast in Addis Ababa the federal police says it has arrested over 30 people. The bomb was blasted near the stage where Prime Minister…
Ethiopia Prime Minister Abiy Ahmed escapes assassination
At a rally organized in Addis Ababa support of the reformist new Prime Minister Abiy Ahmed of Ethiopia, a bomb explosion has wounded over a hundred people and at least killed one.…
Nigeria secures $1 billion for fertilizer plant
The International Finance Corporation (IFC), a member of the World Bank Group, today announced a new $1 billion debt financing for Indorama Eleme Fertilizer & Chemicals Limited, Nigeria, a subsidiary of Indorama…
Ethiopia, Tanzania, Kenya, Uganda best for investors
Ethiopia, Tanzania, Kenya and Uganda offer investors a reward score above the African continent’s average, according to the 2018 Africa Risk-Reward Index from Control Risks and Oxford Economics.
United States applauds Ethiopia, Eritrea dispute resolution efforts
The United States Government has applauded the recent efforts of Ethiopian and Eritrean governments to resolve longstanding disputes and normalize relations.
Africa electricity index examines 15 countries performance
Electricity Regulatory Index for Africa (ERI), new report by the African Development Bank measures the level of development of regulatory frameworks in 15 African countries. The report identifies areas in which improvement…
Uganda towns secure funding to improve water, sanitation
In a bid to help Uganda improve heath and productivity in the country’s major towns, the African Development Bank has approved a $62 million concessional loan to finance its Strategic Towns Water…
Ethiopia swiftly welcomes Eritrea’s plan
Ethiopia’s Prime Minister Abiy Ahmed swiftly welcomed President Isaias Afwerki’s of Eritrea’s plan to send delegation to Addis Ababa. “Ethiopia is ready to welcome the delegation of Eritrea with great honour,” said…
Number of refugees in Ethiopia rises
The number of refugees in Ethiopia has crossed the 900,000 mark with 920, 262 men, women, boys, girls and children registered in the country as of 31st May 2018, says the UN…
20 Reasons to Travel to Egypt this Summer
Following the launch of Marriott International’s latest seasonal experiences campaign last month, Egypt presents yet again many reasons to travel as an incredible holiday destination that continues to maintain its position on…
Germany calls for partnership to address global refugee challenges
On the occasion of the World Refugee Day, June 20, the Human Rights Commissioner of Germany calls for partnerships at local and international level to address the growing challenges refugees at all…
U.S. Commerce delegation to visit Ethiopia, Kenya, Ghana, Cote d’Ivoire
The United States Secretary of Commerce Wilbur Ross is set to lead a delegation from the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) on a fact-finding mission to Ghana later…
Eritrea set to dispatch delegations to Ethiopia for negotiations
The Eritrean government is set to end confrontation with its neighbor Ethiopia and end the longstanding ‘no peace, no war’ condition between the two nations. Eritrea is to send a delegation to…
Highly indebted Ethiopia appoints new central bank chief to rescue economy
The highly indebted government of Ethiopia announces the appointment of a new governor for the National Bank of Ethiopia (NBE), financial sector regulatory body of the country.