EU requests WTO consultations with Russia
The European Union has requested WTO consultations with the Russian Federation to discuss Russian measures affecting imports of live pigs and pork products from the EU.
IFC provides $100 million to FNB to expand SME lending
The International Finance Corporation (IFC), a member of the World Bank Group, announced new financing of $100 million to support FNB’s lending to small and medium enterprises, with a focus on women-owned…
Museveni, Kenyatta advice American companies to act like Chinese
By Andualem Sisay Gessesse – President Uhuru Kenyatta of Kenya and President Yoweri Museveni of Uganda today call on American businesses to take opportunities in Africa and invest in the continent that…
How ACBF will nudge Africa to effectively implement Agenda 2063
Designating the African Capacity Building Foundation (ACBF) as the African Union’s (AU) Specialized Agency for Capacity Development would help African countries to effectively implement Agenda 2063 of the AU, Prof. Emmanuel Nnadozie,…
Agencies partner to increase insurance coverage in Africa
The African Risk Capacity (ARC), an agency of the African Union, and the United Nations Economic Commission for Africa (ECA) have announced a new partnership which will see the two organisations work…
Ethiopian graduates African aircraft maintenance technicians
Ethiopian Aviation Academy (EAA) has graduated 14 aircraft technicians from Nigerian, Tanzania and Cote D’Ivoire, who successfully completed classroom and on-the-job training on the Q-400 and B737 aircraft for a period ranging…
Foundation invests $700 billion in Africa’s capacity building
The African Capacity Building Foundation (ACBF) the sepecialized agency with 40 African member states, says it has invested over $700 billion on capacity development in different African countries since its establishment in…
Ethiopia secures $1.6 billion additional revenue capturing fake invoices
By Andualem Sisay Gessesse – China and the United Arab Emirates (UAE) are the major sources of fake invoices importers in Ethiopia are using, says Ethiopian Revenue and Customs Authority (ERCA).
UK’s Butyl introduces products to Ethiopian market
By Andualem Sisay Gessesse – Butyl Products Group (BPG), United Kingdom’s company specialized in design, development, manufacture and installation of liquid containment module systems introduces two products to customers in Ethiopia.
Corruption a scourge Africa can do without, says ECA’s Biha
Corruption is a scourge that has to be combated if Africa is to achieve the laudable goal of leaving no one behind as enshrined in the 2030 Agenda for sustainable development, says…
Women network urges AU to escalate fight against corruption
The African Union Member States must take critical steps to eradicate corruption in Africa that perpetuates gender inequality and the disempowerment of women and girls in the continent, women network urges.
Ethiopia drops charges against 528 political prisoners
By Andualem Sisay Gessesse – Ethiopian government, which has been denying political prisoners in the country, today announced its decision to stop court case of 528 political prisoners, including the Chairman of…
Ethiopia expects 47% tax revenue increase this year
BY ANDUALEM SISAY GESSESSE – The total tax income of Ethiopia for the current year will increase by 47% compared to the previous year, says Ethiopian Revenue and Customs Authority (ERCA).
World Bank predicts African economy to grow by 3.2% in 2018
The World Bank forecasts Africa’s average economic growth to rise to 3.2 percent in 2018 and to 3.5% in 2019. The growth is expected as a result of improving commodity prices and…