Ethiopia debt service expenditure up 26 percent
For two consecutive years, debt service continues to be the highest budgetary line item, absorbing 159 billion Birr,…
Covering Business & Economy Since 2009
For two consecutive years, debt service continues to be the highest budgetary line item, absorbing 159 billion Birr,…
The St. Petersburg Seasons Festival of Culture is set to take place from 25 to 29 July in…
Huawei participated in the job fair hosted by Addis Ababa Science and Technology University (AASTU), in order to…
Several infectious diseases in Africa, including malaria, cholera, and measles, have all witnessed upsurges recently due to complex…
Emirates takes the first steps in an innovative initiative of meal preordering, whereby customers will be able to…
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB), has signed…
By Andualem Sisay Gessesse – Official reports show that China has been Africa’s largest trading partner for 12…
Africa should harness investment and tapping vast green energy resources to drive sustainable industrialization and trade across the…
By NJ Ayuk – Angola has been in the petroleum business for a long time. The country’s crude…
The Board of Directors of the African Development Bank Group has approved a €63.09 million loan to Cameroon…
By Melaku Kinfegabriel – In recent years, Russian investors have shown an increasing interest in investing in Ethiopia,…
Despite growing interest for bilateral cooperation, the volume of trade between Ethiopia and Russia has been declining from…
The International Monetary Fund (IMF) predicted Botswana’s economic growth to slow to 3.8 percent in 2023.
Africa offers vast investment opportunities for Asian countries with the appropriate incentives for their private sectors, Prof. Kevin…
The United Nations Secretary-General today presented the report, “A world of debt. A growing burden to global prosperity”…
Ford and Salvador Caetano expanded their partnership to Uganda and appointed Motorcare as their new distribution partner, and…
By Muluneh Gebre – A Russia-Africa pre-summit roundtable was held on Wednesday in the Ethiopian capital, Addis Ababa…
Over 122 million more people are facing hunger in the world since 2019 due to the pandemic and…
By Andualem Sisay Gessesse- Ahead of the upcoming second Russia-Africa Summit scheduled to take place in St. Petersburg…
Pan- African Insurer, African Trade and Investment Development Insurance (ATIDI) – formerly known as the African Trade and…
The United States Agency for International Development (USAID)/Ethiopia through its Reaching Impact, Saturation, and Epidemic Control (RISE) activity,…