Ethiopia secures $3 billion investment from United Arab Emirates
Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates…
2018
Postal services vital for remittance delivery in Africa, report says
Postal services can play a pivotal role in delivering remittances, lowering the transfer costs and providing access to…
Geneva panel reflects on benefits Africa’s free trade area
By Andualem Sisay Gessesse – A panel discussion held in Geneva, Switzerland, on Thursday morning discuss about the…
Ethiopian Airlines set to launch flight to Barcelona
Ethiopian Airlines says it has finalized preparations to launch new flight services to Barcelona, Spain as of July…
Malteries Soufflet enters Ethiopian brewery market
Malteries Soufflet, a major operator in the world malt market with twenty-seven plants in Europe, Asia and South…
Multilateral development banks’ climate financing increases 28%
Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of US$…
Mozambique rural enterprises secure $62 million funding
A new funding is set to help more than 287,700 rural people engaged in agriculture, fisheries and small…
Why sponsoring money laundering drama in Ethiopia is nonsense
By Col. Jamal Ahmed – Last night on the state broadcaster, Ethiopian Television, I saw an commercial kind…
Freedom House urges Ethiopia to pursue greater reform
Freedom House, which has been rating Ethiopia as not a free nation in its previous reports, urged the…
Mastercard Kenya appoints new Financial Inclusion Labs chief
Mastercard has appointed Salah Goss as Head of the Mastercard Labs for Financial Inclusion, based in Nairobi, Kenya.…
Ethiopian Airlines launches flight to Chicago
Ethiopian Airlines on Sunday launches flight to Chicago increasing its total destinations in the United States of America…
Ethiopian Airlines receives its 100th Aircraft
Ethiopian Airlines has taken delivery of its 100th aircraft, Boeing 787 Dreamliner on June 6, 2018.
Ethiopia appoints new intelligence, army chiefs
Ethiopian government on Thursday announced the appointment of a new chief of National Intelligence and Security Service (NISS)…
Foreign Direct Investment into Ethiopia down 10%
Foreign Direct Investment (FDI) into Ethiopia, the 8th largest economy in Africa, has declined by 10% to $3.6…
Nissan introduces environmental impact reduction plan
Nissan Motor Co., Ltd. today launched Nissan Sustainability 2022, a plan to reduce the company’s environmental impact, strengthen…
FDI to West Africa fell 11% to $11.3 billion
Foreign Direct Investment (FDI) to West Africa fell by 11% to $11.3 billion in 2017 as compared to…
FDI flow to Africa declines, UN report
Foreign Direct Investment (FDI) flows to Africa slumped to $42 billion in 2017, a 21% decline from 2016,…
UN says global foreign direct investment flows down 23%
Global foreign direct investment (FDI) flows fell by 23% in 2017, to $1.43 trillion from $1.87 trillion in…
Malawi launches new project to reduce extreme poverty
The Government of Malawi and the International Fund for Agricultural Development (IFAD) launch a new project that aims…
Partners launch Coding for Employment Program in Kigali
The African Development Bank, together with partners – The Rockefeller Foundation, Microsoft and Facebook – launched the Coding…
Ethiopia agrees to restore peace with Eritrea accepting UN decision
The Government of Ethiopian on Tuesday announced that it is ready to fully implement the decisions of the…
Ethiopia ends monopoly over telecom, airline, electricity, shipping line
In a major policy shift, the Government of Ethiopia decides to liberalize major state monopoly companies including Ethiopian…
Marriott International set to transform Sheraton
Marriott International today announced its transformation vision for Sheraton Hotels and Resorts, the third largest brand in its…
USAID helps Democratic Republic of Congo’s fight against Ebola
The U.S. Agency for International Development (USAID) has contributed $8 million dollars to support the joint Government of…
United States honors legacy of Ethiopian aviation ‘father’
The United State Embassy in Addis Ababa honors Colonel John C. Robinson for his outstanding contributions to Ethiopian…
IFC Invests $60 million to expand lending in Africa
With the aim of facilitating growth and job creation in Africa, the International Finance Corporation (IFC), a member…
Why Ethiopia allows tax haven companies to produce gas & petroleum
BY ANDUALEM SISAY GESSESSE – At the time Ethiopian political crisis was at its pick, one major news…
Ethiopia ends state of emergency
After assessing the situation of the country, the Council of Minister of Ethiopia decided today to lift the…
Ethiopia opens door to all nationalities
The Ethiopian Immigration and Nationality Affairs Main Department and Ethiopian Airlines today announced launching of an e-visa service…
Intra-Africa migration boost economic growth, UN report says
African migration within the continent (intra-Africa migration) could boost growth and positively transform the structure of the continent’s…