COP29 agrees to triple public finance to developing countries
The UN Climate Change Conference (COP29) closed today with a new finance goal to help countries to protect…
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Oil pipeline damage, refugee inflow challenge South Sudan economy
BY YANET FANTAYE WOGAYEHU – The economy of South Sudan is being challenged by the damages to the…
United States, Mauritania held energy security dialog
The governments of the United States of America and the Islamic Republic of Mauritania held their second Energy…
Kenya, Mauritius emerge as top cybercrime targets
As digital services expand across East Africa, the region is facing escalating cyber risks, necessitating advanced security measures…
African group calls for equitable climate finance at COP29
The African Group of Negotiators and leaders came to COP29 with a bold call for equitable climate finance,…
Aleph Hospitality announces two luxury resorts in Morocco
Aleph Hospitality, the first and largest independent hospitality management company in the Middle East and Africa, has signed…
Africa advised to deepen domestic financial markets
Africa’s journey towards meeting the Sustainable Development Goals (SDGs) hinges on developing effective domestic financial markets that provide…
U.S. Embassy supports Ethiopian higher education
The U.S. Embassy in Ethiopia, in partnership with the Ethiopian Academy of Sciences (EAS), marked International Education Week…
Ethiopian Airlines achieves four-star global airline award
Ethiopian Airlines announced its recognition as the recipient of the Four-Star Global Airline award at the 2025 APEX…
Africa’s green industrial future imitative launched at COP29
On COP29 Finance Day on Saturday, the SMI Africa Council (SMIAC) launched the African Green Industrial Cities Briefing—an…
Japan supports peace, conflict management training in Ethiopia
The Ethiopia International Peace Support Training Institute (IPSTI) has inaugurated a new building that will help expand access…
Cloudflare, Liquid C2 to introduce enhanced cybersecurity solutions
Cloudflare has appointed Liquid C2, a business unit of Cassava Technologies, as the first distributor of their new…
Zero Emissions, Resilient Buildings Accelerator introduced at COP29
BY YANET FANTAYE WOGAYEHU / BAKU, AZERBAIJAN – The Subnational Climate Action Leaders’ Exchange (SCALE) partnership announced the…
USTDA advances Internet connectivity in southern, central Africa
The U.S. Trade and Development Agency announced that it has awarded a feasibility study grant to Namibia’s Javilian…
Group to unlock Africa’s critical minerals potential
Global leaders in the critical minerals industry have today launched the Critical Minerals Africa Group (CMAG) to foster…
Republic of Congo to accelerate oil, gas projects
The Republic of Congo (RoC) is preparing to launch a Gas Master Plan and new Gas Code, all…
COP29 opens in Baku, Azerbaijan
BY YANET FANTAYE WOGAYEHU / BAKU, AZERBAIJAN – The 29th round of the global climate change conference Conference…
Zambia to secure $185.5 million from IMF
The Government of Zambia is set to secure $185.5 million funding from the International Monetary Fund (IMF). This…
COP29 must remedy the injustice of climate finance in Africa
Africa, which accounts for less than 4% of global greenhouse gas emissions, bears a disproportionate burden of climate…
Saudia records 10% growth in guest transportation for Q3 2024
Saudia, the national flag carrier of Saudi Arabia, has reported significant growth in its operational performance for the…
Ethiopian Airlines gets Africa’s first Airbus A350 -1000
Ethiopia’s national flag carrier and largest Airbus operator in Africa, Ethiopian Airlines, has taken delivery of its first…
Unite Oil & Gas unveils Congo growth strategy
Global integrated energy firm Unite Oil & Gas unveiled its growth strategy in Africa, with a specific focus…
WHO lists additional mpox diagnostic tests for emergency use
As part of ongoing efforts to enhance quality-assured testing options, the World Health Organization (WHO) has listed two…
Africa needs to invest in robust statistics
Africa should urgently invest in robust data and statistical systems to accelerate sustainable development, the Director of the…
Road safety and Addis Ababa’s sidewalk renovation
By Mekonnen Teshome – After years of comprehensive study, the World Bank Group and its partners published their…
Ethiopia’s digital economy to contribute 1.3 trillion Birr to GDP
Ethiopia’s digital economy could add over ETB 1.3 trillion to GDP by 2028, according to the GSMA’s new…
Revolutionizing African banking regulation: The India example
By Heidi Custers – As banking innovation continues to expand across Africa, the role of effective regulation has…
COP29 will leave participants with unforgettable memories
In an exclusive interview with New Business Ethiopia, Ambassador Ruslan Nasibov, Azerbaijan’s Ambassador to Ethiopia and Permanent Representative…
Ghana purchases its first drought insurance policy
The Government of Ghana has purchased its first-ever sovereign drought insurance policy, taking a significant step towards safeguarding…
Ethio Telecom offers 100 billion Birr shares to public
The fully state-owned telecom operator in Ethiopia, Ethio Telecom has announced offering share to the public worth 100…