Djibouti Falling Into China’s Debt Trap?
Djibouti lies more than 2,500 miles from Sri Lanka but the East African country faces a predicament similar…
Covering Business & Economy Since 2009
Djibouti lies more than 2,500 miles from Sri Lanka but the East African country faces a predicament similar…
Africa can generate $33.5 billion working capital from improved business relations with its trading partners if the suppliers…
The United States issues a new proclamation that suspends the application of duty-free treatment for all apparel products…
The International Fiance Corporation (IFC), a member of the World Bank Group, has forged a new partnership with…
Renault-Nissan-Mitsubishi, the world’s largest automotive alliance, today announced that unit sales at its member companies rose 5.1 percent…
DHL Global Forwarding, the leading international provider of air, sea and road freight services, and Ethiopian Airlines, the…
The African Development Bank on Thursday signed a $41 million grant agreement with Republic of Sudan to finance…
Tunisia and the African Development Bank has signed an agreement for the launch of a pilot project to…
Uganda becomes the first African country to sign an agreement with the Regional Liquidity Support Facility (RLSF), which…
The Global Alliance for Improved Nutrition (GAIN)- an international organization founded by the Bill and Melinda Gates Foundation…
The upcoming G20 Ministers of agriculture meeting next week is expected to focus on sustainable production of nutritious…
Engineer Simegnew Bekele, Project Manager of the Grand Ethiopian Renaissance Dam (GERD), was found dead this morning at…
The authorities in Ethiopia should investigate an attack on a news crew from the state-owned Dire Dawa Mass…
The International Organization for Migration (IOM) the UN Migration Agency launched an appeal for $22.2 million to respond…
The global trade enabler DP World has signed a 20-year concession with an automatic 20-year extension with the…
Trade between Africa and India rose more than 10-fold between 2001 and 2014, making India Africa’s fourth-largest national…
A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than…
The Economic Commission for Africa (ECA) will continue to support Member States in their quest for sustainable development…
International development partners are holding a series of consultative meetings in Nairobi, Kenya to initiate research on the…
The Federal Police of Ethiopia has captured $10 million while trying to be smuggled out of the country.
By Gedion G. Jalata – The Ethiopian government on 5 June 2018 announced to undertake partial and complete…
The United States and Ethiopia held their 8th Bilateral Dialogue on Human Rights, Democracy, and Governance at the…
The Department of State has amended the designation of al-Shabaab – an al-Qa’ida affiliate in Somalia – to…
The Board of Directors of the African Development Bank on Wednesday, 18 July 2018, approved an unfunded US$…
President Uhuru Kenyatta has made an urgent call for developing and funding bankable infrastructure projects to drive Africa’s…
Close to $100m of fundraising has been injected already in 2018 into Africa’s bourgeoning fintech and mobile payments…
The Canadian Council on Africa “CCAfrica” and Elevate Export Finance Corp. went into a strategic partnership to enhance…
The United States Agency for International Development (USAID) today marked the end of its five-year Health Sector Financing…
The African Development Bank and the Community of Portuguese Language Countries (CPLP) have signed a Declaration to support…
Seid Hassan, Abu Girma, and Minga Negash – “Torturing, putting people in dark rooms, mutilation of prisoners’ body…