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Agencies collaborate to boost intra-Africa trade

Agencies collaborate to boost intra-Africa trade

July 17, 2018

By Omer Redi – The United Nations Economic Commission for Africa (UNECA), the Africa Development Bank (AfDB) and the African Export-Import Bank (Afreximbank)have joined to boot intra-Africa trade.

Intra-Africa migration boost economic growth, UN report says

Migration, Continental Free Trade helps Africa prosper

July 16, 2018

The Executive Secretary of the Economic Commission for Africa has stressed that the aspirations of Agenda 2063 and Agenda 2030 “will require tackling the illicit financial flows that are costing the Continent…

Eritrean President Isaias concludes Ethiopia tour

Eritrean President Isaias concludes Ethiopia tour

July 16, 2018

President Isaias Afwerki of Eritrea, who was in Ethiopia for a historic state visit after the over two decades of hostilities between the two nations, has concluded his three days tour by…

Eritrean President to visit Ethiopia

Eritrean President to visit Ethiopia

July 13, 2018

The President of Eritrea Isaias Afwerki, is to expected to arrive Addis Ababa, Ethiopia tomorrow (14 July 2018) for a three-day official state visit after two decades.

Tanzania gets $40 million support for economic reform

Tanzania gets $40 million support for economic reform

July 12, 2018

Tanzania’s ongoing macroeconomic reform program has received a boost from the African Development Bank through a US$40- million budget support loan to be provided by the African Development Fund, the concessional arm…

Zambia secures $50 million to diversify energy

Zambia secures $50 million to diversify energy

July 12, 2018

The Board of Directors of the African Development Bank has approved US$50 million framework financing for small-scale renewable energy projects in Zambia, which will help diversify Zambia’s energy generation heavily reliant on…

Violence drives dire displacement in Ethiopia

Violence drives dire displacement in Ethiopia

July 12, 2018

Inter-communal clashes in southern Ethiopia are fueling a rapidly swelling humanitarian crisis in which more than 800,000 people are forcibly displaced from their homes and do not have food, clean water, shelter,…