Global goods, commercial services trade reaches $30.4 trillion
BY YANET FANTAYE WOGAYEHU – The value of total goods and commercial services trade in 2023, at US$…
July 2024
Airbus, partners invest in aviation fuel financing fund
Airbus, the Air France-KLM Group, Associated Energy Group LLC, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital Inc. and…
Ethiopia devalues its Birr 31 percent
The Government of Ethiopia today announced liberalization of the forex market, which immediately resulted in about 31 percent…
IMF approves $3.4 billion for Ethiopia
BY YANET FANTAYE WOGAYEHU – The International Monetary Fund (IMF) approved a four-year arrangement under the Extended Credit…
African ministers call for international financial system remaking
Dozens of finance and foreign ministers met this week to call for radical action to reform the international…
AU to combat neglected tropical diseases in Africa
The African Union’s development agency, and uniting to combat neglected tropical diseases (NTDs) have signed an historic agreement…
How services trade, green transition benefit everyone
By Xiangchen Zhang – African nations and the world’s least-developed countries (LDCs) have much to gain from the…
World International AIDS Conference opens in Germany
With more than 10,000 participants the AIDS 2024, the 25th International AIDS Conference, is opened today in Munich,…
Saudia Group agrees with Lilium to acquire 100 eVTOL Jets
Saudia Group and Lilium N.V. (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility…
Domestic investor launches commercial farm in Central Ethiopia
By Anwar Hussen Mohammed – Established a year ago in the Cheha and Enmore bordering districts of Central…
Ethiopia, UAE ink currency swap agreement
The Central Bank of United Arab Emirates (CBUAE) and the National Bank of Ethiopia (NBE) sign currency swap…
Animals’ right advocate PETA says Ethiopia arrests its staff
Animals’ right advocate PETA says the Government of Ethiopia arrested its staff, PETA Asia Senior Vice President Jason…
Africa sustainable development report launched in New York
The United Nations Development Program (UNDP), the United Nations Economic Commission for Africa (ECA), and the African Development…
Russia deputy foreign affairs minister visits Ethiopia
Russia Deputy Foreign Affairs Minister Mr. Mikhail Bogdanove visited Ethiopia on Tuesday and met with officials at the…
Ethiopian Airlines receives COVID-19 response recognition
At the First International Post-COVID Conference held in Toronto, Canada, Ethiopian Airlines received the prestigious Global Recognition and…
IFAD to help increase Senegal farmers resilience to external shocks
A new rural development program is set to improve national food and nutrition security and smallholder farmers’ resilience…
South Africa releases gas supply policy instrument
South Africa released its draft Gas Master Plan (GMP) – a policy instrument that aims to establish a…
Africa-Europe partnership to launch clinical trial in early pregnancy
The Safety of Antimalarials in the FIrst TRimEster (SAFIRE) consortium, made up of scientific and social research experts…
USAID supports Ethiopia’s blood and tissue bank
The United States Government, through USAID, donated equipment worth $100,000 to the National Blood and Tissue Bank for…
Afreximbank announces short film competition
African Export Import Bank (Afreximbank), through its Creative Africa Nexus (CANEX) program is excited to announce the second…
Ethiopia won at Huawei Seeds for Future 2024 in Morocco
BY YANET FANTAYE WOGAYEHU – The team from Ethiopia won at the Huawei Seeds for the Future 2024…
Ethiopian Airlines inaugurates engine test cell in Addis Ababa
Ethiopian Airlines has inaugurated its CFM Leap-1B engine test cell at Addis Ababa MRO Services facility which gives…
Transport conference set to unlock Sub-Saharan Africa’s potential
The Chartered Institute of Logistics and Transport’s branches in South Africa and Zimbabwe have announced their first-ever collaboration…
African Development Bank applauds Cabo Verde’s tech park
A high-level donor delegation that included the African Development Bank has expressed strong admiration for the Cabo Verde…
Annual Africa-Caribbean trade could reach $1.8 billion by 2028
Trade between Africa and the Caribbean could rise to $1.8 billion per year by 2028 if value addition,…
ATIDI’s profits jumps to $69 million
African Trade and Investment Development Insurance (ATIDI) recorded a remarkable performance for the financial year ended December 2023,…
Introducing the ultimate smartphone for photography
Introducing the Ultimate Smartphone for Photography: Meet the TECNO CAMON 30 Pro 5G – In the dynamic world…
South Africa’s transition fuel of choice
In its latest natural gas policy brief, global trade association EnerGeo Alliance has positioned natural gas as the…
Star Alliance Los Angeles Lounge gets airport lounge award
Star Alliance’s Los Angeles airport lounge has been honored with the title of North America’s Leading Airport Lounge…
Global trade trends turned positive in the first quarter- UNCTAD
Global trade trends turned positive in the first quarter of 2024, with the value of trade in goods…