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…
2021
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…
Half a billion Africans falling below extreme poverty line in 2021
African growth trajectories and the impact of COVID19 are currently shedding doubts on countries’ ability to reach this…
Ethiopians celebrate African victory over European colonialists
Ethiopians today celebrated the 125th anniversary of the Battle of Adwa, the first African victory over European colonialists…
UN agency launches Africa green recovery report
The Economic Commission for Africa on Monday launched the Building Forward for an African Green Recovery report which…
Ethiopia tells U.S. to stop dictating its internal affairs
In response to the latest statement of US Secretary of State Mr. Antony J. Blinken, the Ministry of…
Amhara Bank joins Ethiopia’s banking industry
With over 6 billion Birr paid-up capital Amhara Bank, the new entrant to the banking sector of Ethiopia,…
Ethiopia to convert cloud into rain using iodine
To boost its agricultural production and become food self-sufficient, the Government of Ethiopia is set to use the…
New factory to solve cement shortage in Ethiopia
A new cement factory under construction with 7,000 metric tons of production capacity per day is set to…
Ethiopia allows joint investigations in Tigray
The Government of Ethiopia invites foreigners to collaborate and conduct joint investigation about the alleged crimes committed in…
How Africa manufactures to meet its pharmaceutical needs
Side events for the seventh Session of the African Regional Forum for Sustainable Development (ARFSD) kicked off virtually…
Experts discuss free movement of people in Africa
Policymakers attending the meeting that discussed the partnerships for a free and regulated movement of people in Africa…
Eritrea to mediate Ethiopia, Sudan dispute
President Isaias Afwerki of Eritrea sent his delegation to Khartoum with expressing his government’s intent to help Sudan…
Ethiopia opens door for foreign mortgage banks
The Government of Ethiopia expressed its willingness to open its banking sector for foreign banks engaged in financing…
Conducive energy regulatory environment to attract investment in Africa
The energy sector experts from the government of Seychelles, the UN Economic Commission for Africa and the RES4Africa…