UN report points how African governments boost revenue
A new report by the UN Economic Commission for Africa (UNECA) points out how Africa government can boost their revenue by up to 20% of their GDP.
Continental bank launches public, private climate financing for Africa
The public sector cannot provide enough finance to make African countries resilient to climate change impacts, and funding from the private sector is hard to come by. At the same time, many…
Ethiopia closer to liberalize financial sector
The Ethiopian Parliament today passes the African Continental Free Trade Area (AfCFTA) by officially beginning its journey to liberalization of the long awaited financial sector.
Crashed plane pilot got Boeing recommended training, Ethiopian says
Refuting today’s New York Times reporting, Ethiopia Airlines said all its pilots have gone through Boeing recommended training before they start flying the B-737-800 MAX.
Japan provides assistance to displaced people in Ethiopia
The Embassy of Japan in Ethiopia has contributed $2.5 million to UN Children’s Fund Ethiopia to help alleviate the water, sanitation, and hygiene (WASH) needs of some 400,000-people displaced by droughts and…
Africa advised to abandon tax holidays for investors
Chief Macroeconomist at the UN Economic Commission for Africa (UNECA), Adam Elhiraika, who is co-author of the 2019 Economic Report on Africa, advices African countries to abandon tax holidays for investors.
Humanitarian agencies assist ethic violence victims in Ethiopia
The International Committee of the Red Cross (ICRC) and the Ethiopian Red Cross Society (ERCS), provided emergency assistance to displaced people in West and Central Gondar zones of Amhara region of Ethiopia.
Ethiopia secures $4.6 billion from tax
Ethiopian Ministry of Revenue collected over 130.7 billion birr ($4.6 billion) during the first eight months of Ethiopian budget year started July 8, 2018.
Egypt expresses support to regional integration
Egypt has affirmed its strong support for the African Development Bank as a development partner and is committed to strengthening regional integration, the country’s Prime Minister, Mostafa Madbouly said during a meeting…
Ethiopia ruling, opposition parties ink election governing pact
As part of the preparation for the upcoming May 2020 national election, 107 political parties in Ethiopia, including the ruling coalition today signed a pact that governs the relationship among them during…
African countries get support to combat climate change
By Anwar Hussen Mohammed – The UN Economic Commission for Africa (ECA), through its African Climate Policy Centre (ACPC) says it is fully committed to supporting member States in their efforts to…
What makes hospitality industry in Ethiopia lucrative
As the hospitality business in Ethiopia is booming, investors should invest in new hospitality colleges that can produce world class professionals and feed both the international brands coming into the country and…
Publishing Our Internal Enforcement Guidelines and Expanding Our Appeals Process
By Monika Bickert – One of the questions we’re asked most often is how we decide what’s allowed on Facebook. These decisions are among the most important we make because they’re central…
Ethiopia expects 47% tax revenue increase this year
BY ANDUALEM SISAY GESSESSE – The total tax income of Ethiopia for the current year will increase by 47% compared to the previous year, says Ethiopian Revenue and Customs Authority (ERCA).