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Marriott International set to transform Sheraton

Marriott International set to transform Sheraton

June 5, 2018

Marriott International today announced its transformation vision for Sheraton Hotels and Resorts, the third largest brand in its portfolio, and the largest outside of North America in terms of room count.

IFC Invests $60 million to expand lending in Africa

IFC Invests $60 million to expand lending in Africa

June 4, 2018

With the aim of facilitating growth and job creation in Africa, the International Finance Corporation (IFC), a member of the World Bank Group, today announced a $60 million investment in a regional…

Ethiopia ends state of emergency

June 2, 2018

After assessing the situation of the country, the Council of Minister of Ethiopia decided today to lift the six month state of emergency declared in mid-February.

Ethiopia opens door to all nationalities

Ethiopia opens door to all nationalities

June 1, 2018

The Ethiopian Immigration and Nationality Affairs Main Department and Ethiopian Airlines today announced launching of an e-visa service for all international visitors to Ethiopia.

Intra-Africa migration boost economic growth, UN report says

Intra-Africa migration boost economic growth, UN report says

June 1, 2018

African migration within the continent (intra-Africa migration) could boost growth and positively transform the structure of the continent’s economy according to the report by the United Nations Conference on Trade and Development…

Continental bank issues Feed Africa bond

Continental bank issues Feed Africa bond

May 31, 2018

African Development Bank, which is rated AAA-rated by Moody’s/S&P/Fitch/Japan Credit Rating Agency, issued its second “Feed Africa” bond for 60 million Canadian Dollar (CAD), sold to Japan Post Insurance Co., Ltd.

Korea host Africa Day celebration

Korea host Africa Day celebration

May 29, 2018

Organized by the African Development Bank (AfDB) Busan, Korea hosted the Africa Day celebration on Friday. The event includes, awarding the winners of ‘the Africa of my Dreams’ competition, music performances and…