Angola secures $530 million for energy project
The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV…
March 2021
Five U.S. billionaires wealth up by $355 billion
The United Sates (U.S.) top billionaires did extremely well during the COVID-19 pandemic, growing their already-huge fortunes to…
African Union set to launch test, vaccine passport
Ethiopian Airlines (Ethiopian) has partnered with the African Centers for Disease Control & Prevention (Africa CDC) for the…
Road traffic accident claims 24 lives in Ethiopia
A road traffic accident in Ethiopia on Monday claims lives of 24 passengers when two buses collided at…
Congo offers public bond to raise 100 billion CFA franc
The Republic of Congo has launched a public bond offering. The operation “EOCG 6.25% NET 2021-2026”, which aims…
IFC appoints new country manager for East Africa, Malawi
IFC, a member of the World Bank Group, has appointed Amena Arif as its new Country Manager for…
Ethiopia gives COVID-19 vaccination for health workers
The Ministry of Health of Ethiopia on Saturday begins vaccination of COVID-19 with a high-level national event held…
Why old industrialization pathways won’t work for Africa
As the world is embracing new technologies such as 3D printing, Africa is likely to lose hundreds of…
Ethiopian Airlines transports COVID-19 vaccines to African countries
Ethiopian Airlines (Ethiopian), the multi-award winning and largest airline in Africa, said it has operated COVID-19 vaccine delivery…
Senior U.S. Commerce official meets Ethiopian businesswomen
A senior U.S. Commerce official discusses trade and entrepreneurship with U.S. and Ethiopian businesswomen, and encourages prosperity through…
Visa set to digitize payments in Ethiopia
Visa Inc. (NYSE: V) Leading global payments technology company, Visa has affirmed its commitment to expanding digital payments…
U.S. travel, tour operators to hit $63.5 billion in revenue
The COVID-19 has caused colossal damage to the US travel industry, grounding airlines, emptying hotels, and stopping almost…
Ethiopian Human Rights Commission reflects on Addis Ababa prisons
Ethiopian Human Rights Commission (EHRC) Chief Commissioner Daniel Bekele and the Commission’s team visited the detention facility at…
Raxio launches data center construction in Ethiopia
The Raxio Group (“Raxio”), a premier pan-African data center developer and operator, held a ceremony to formally kick-off…
African Development Bank finances electronic payments modernization of Ethiopia
The Board of Directors of the African Development Bank has approved a grant of $2.33 million to EthSwitch…
AfDB named world’s best multilateral financial institution
The prestigious U.S. magazine, Global Finance, specializing in financial markets and investment banking, has named the African Development…
iLOQ accelerates mobile access throughout Europe
At the end of 2020, iLOQ signed a long-term framework agreement to be one of the favored priority…
Sea Electric Holdings completes $42 million equity financing
Following substantial growth in new markets, global automotive technology company SEA Electric Holdings Pty Ltd. (SEA Electric), announced…
Nium payments platform remits funds into four African markets
Nium, an advanced global payments platform, announced today that its clients are now able to send funds to…
Experts to reflect on sustainable industrialization in Africa
The UN Economic Commission for Africa (ECA) will hold its fifty-third session and the Conference of the African…
Financial inclusion for Africa’s women entrepreneurs
Creating female-centric financial products and solutions for Africa’s power-force of women entrepreneurs is gaining momentum as a core…
Commission calls for protection of women during election in Ethiopia
Marking International Women’s Day, themed this year “Choose to Challenge”, the Ethiopian Human Rights Commission (EHRC) has called…
Ethiopia launches $2.2 billion industry park construction
A new private industrial park, Lemi National Cement Industrial Complex, that requires $2.2 billion investment capital is set…
Ethiopia receives 2.2 million COVID-19 vaccines
Today, Ethiopia has received 2.184 million doses of the Astra Zeneca COVID-19 vaccine via the COVAX Facility.
Team Europe delivers Covid-19 vaccines in Africa
By Johan Borgstam – Team Europe delivering on its promise of Covid-19 Vaccines as a global public good;…
Empowering women, girls to ensure sustainable food security
Hunger and famine will persist and there will be unequal recovery from the impacts of the COVID-19 pandemic…
Ministry issues update on conditions in Tigray of Ethiopia
The Ministry of Foreign Affairs of Ethiopia issued the following statement explaining the current humanitarian and non-humanitarian issues…
Nestlé relaunches CERELAC in Ethiopia
Nestlé relaunched its popular infant cereal brand, NESTLÉ CERELAC in Ethiopia, an infant cereal with milk specially formulated…
Africans discuss energy regulatory environment to attract investment
United Nations Economic Commission for Africa (ECA), RES4Africa & Senegal discuss improving energy regulatory environment to attract investment…
Africa’s economic downturn affects SDGs progress
Before the onset of the deadly novel coronavirus (COVID-19), Africa was recording positive growth rates but not enough…