To help unlock economic growth, the African Development Bank is coordinating the implementation of an integrated development strategy for Portuguese-speaking…
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United States Conducts Airstrike in Somalia
In coordination with the Federal Government of Somalia, U.S. forces conducted an airstrike destroying an al-Shabaab vehicle-borne improvised explosive device…
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UN agency invest $57 million to renovate Africa Hall
The United Nations Economic Commission for Africa (UNECA) launched a $56.9 million construction to renovate and modernize the historic Africa…
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United States gives $67 million to Democratic Republic of the Congo
The United Sates government announced nearly $67 million in additional humanitarian assistance for the people of the Democratic Republic of…
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Capital markets, high impact sectors in Africa secure funding
Overseas Private Investment Corporation (OPIC), the African Development Bank (AfDB) and ALCB Fund Board Members have signed a loan agreement…
Read MoreUganda secures oil refinery deal
With the support of the African Legal Support Facility (ALSF), the Government of Uganda has successfully signed an agreement with…
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African Development Bank, Export Trading Group sign $100 million loan agreement
The African Development Bank has signed a loan agreement for a soft commodity finance facility (SCFF) with the Export Trading…
Read MoreStrategic investment in Africa’s ports accelerates growth
Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise…
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Top joins Ethiopia’s growing water bottling business
By Adualem Sisay Gessesse – With a total investment of 273 million birr (around $10 million), ‘Top’, new bottled water…
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Presidential Proclamation Lifts Travel Restrictions for Chad
President Donald J. Trump announced today the lifting of travel restrictions for Chadian nationals following a period of review in…
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United States passes bill against human rights offenders in Ethiopia
The United States Congress today passes HRes128 on Ethiopia, which among others may lead to imposing travel bans and asset…
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African ministers of finance set to confer on tax, corruption affairs
Finance and economic planning ministers of African countries are set to meet in Addis Ababa to discuss on how to…
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