TDK Ventures invests in digital intelligence platform
TDK Corporation announced today that its subsidiary, TDK Ventures Inc., has invested in the Industry 5.0 – focused…
2023
American Chamber joins Libyan energy and economic summit organizers
The American Chamber of Commerce in Libya (AmCham Libya) has partnered with Energy Capital & Power (ECP) for…
Australia may become world’s first nation to end HIV
By Woubishet Sisay Gessesse – Inner Sydney has reduced new HIV acquisitions by 88%, meaning it may be…
Failure to transform food system costs $12 trillion globally
Failure to transform food system cost the world and estimate of $12 trillion a year in environmental, social,…
World Bank to finance Addis Ababa – Djibouti corridor project
The Addis Ababa – Djibouti corridor, a vital trade route and a lifeline for Ethiopia’s 120 million people,…
Indian top investments in Africa and concerns
By Woubishet Sisay – Indian investment in Africa has been steadily increasing over the years, as India seeks…
Alliance to promote decent work across food systems
The new alliance between ILO, IFAD and CARE will promote decent work and productive employment, with the aim…
Ethiopia approves regulations for domestic vaccine production
The Council of Ministers of Ethiopia today approved two regulations to create the capacity of domestic vaccine production.
Coding school in Ethiopia empowers youth for success
Nearly 70 Ethiopian teenagers aged 10-17 have successfully completed the Coding School in Addis Ababa, delivered by ThinkYoung…
Exness expands its Fintech scholarships program to Kenya
The multi-asset broker Exness is pleased to announce it is extending its popular Fintech Scholarships program to Kenya…
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,…
St. Petersburg set to host festival during Russia, Africa summit
The St. Petersburg Seasons Festival of Culture is set to take place from 25 to 29 July in…
Huawei Ethiopia to provide employment, internship opportunities
Huawei participated in the job fair hosted by Addis Ababa Science and Technology University (AASTU), in order to…
Deadly diseases upsurge in Africa
Several infectious diseases in Africa, including malaria, cholera, and measles, have all witnessed upsurges recently due to complex…
Emirates introduces onboard meal preordering service
Emirates takes the first steps in an innovative initiative of meal preordering, whereby customers will be able to…
Islamic Trade Finance Corporation inks $1.2 billion deal
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB), has signed…
Impact, concerns and prospects of Chinese investments in Africa
By Andualem Sisay Gessesse – Official reports show that China has been Africa’s largest trading partner for 12…
Renewable energy investment key to drive Africa’s industrialisation, trade
BY YANET FANTAYE WOGAYEHU – Africa should harness investment and tapping vast green energy resources to drive sustainable…
Angola’s plan to improve oil industry yielding fruit
By NJ Ayuk – Angola has been in the petroleum business for a long time. The country’s crude…
Cameroon secures €63 million loan for skills improvement
The Board of Directors of the African Development Bank Group has approved a €63.09 million loan to Cameroon…
FDI flows from Russia to Ethiopia
By Melaku Kinfegabriel – In recent years, Russian investors have shown an increasing interest in investing in Ethiopia,…
Ethiopia, Russia trade declines from 2018 to 2020
Despite growing interest for bilateral cooperation, the volume of trade between Ethiopia and Russia has been declining from…
Botswana’s economy slows to 3.8 percent in 2023, IMF predicts
The International Monetary Fund (IMF) predicted Botswana’s economic growth to slow to 3.8 percent in 2023.
Africa presents opportunities for Asian investors
Africa offers vast investment opportunities for Asian countries with the appropriate incentives for their private sectors, Prof. Kevin…
UN warns of soaring $92 trillion global public debt
The United Nations Secretary-General today presented the report, “A world of debt. A growing burden to global prosperity”…
Ford, Salvador Caetano expand partnership to Uganda
Ford and Salvador Caetano expanded their partnership to Uganda and appointed Motorcare as their new distribution partner, and…
Russia eyes strengthening strategic partnership with Africa
By Muluneh Gebre – A Russia-Africa pre-summit roundtable was held on Wednesday in the Ethiopian capital, Addis Ababa…
Over 122 million people face hunger since 2019 – UN
Over 122 million more people are facing hunger in the world since 2019 due to the pandemic and…
Russia invites African businesses for business cooperation
By Andualem Sisay Gessesse- Ahead of the upcoming second Russia-Africa Summit scheduled to take place in St. Petersburg…
ATIDI maintains profitable growth despite global headwinds
Pan- African Insurer, African Trade and Investment Development Insurance (ATIDI) – formerly known as the African Trade and…