New Development Bank finances $1.5 billion energy projects
Within its first two years of operation, New Development Bank (NDB) approves a total of $1.5 billion in energy projects some of which belongs in Africa. The bank was setup two years…
World Bank provides $445 million loan to Ethiopia
Ethiopian cities water and sanitation is set for improvement following the World Bank’s approval of a $445 million credit.
Institution advices investment in rural youth to end global migration crisis
President of the International Fund for Agricultural Development (IFAD), Gilbert F. Houngbo suggested the need for the developing countries to invest in their rural youth in order to end the global migration…
Sage brings new payroll system to Kenya
Sage, one of the major technology providers for integrated accounting, payroll & HR and payment systems, today launches Sage One Payroll.
Ethiopian launches cargo routes to Italy, Spain
Ethiopian Airlines launches two new cargo routes to Europe: Milan, Italy and Zaragoza, Spain as of April, 2 and March 28, 2017 respectively, the Airlines said today in its statement.
WHO urges Africa to ensure strong vaccine safety systems
The World Health Organization (WHO) urges African countries to enforce and ensure strong vaccine safety systems.
The hidden treasures of Ethiopia: Platinum
By Andualem Sisay Gessesse – Located in Eastern Africa with centuries-old historical and archeological attractions, Ethiopia is one of the natural reach countries in Africa. The multiple agro-climatic and fertile land of the…
Sudan President Al Bashir to visit Ethiopia on Tuesday
President Omar Hassan Ahmad Al Bashir of Sudan is expected to visit Addis Ababa, Ethiopia on Tuesday for an official visit, Sudanese media reported.
Africa Renewable Energy Leaders Summit to kick off in Nairobi
The Africa Renewable Energy Leaders Summit (ARELS) is set to start in Nairobi, Kenya on Tuesday, the organizers said in a statement.
Investment opportunities in Lesotho
Located in the south eastern region of Southern Africa and entirely surrounded by South Africa, the Kingdom of Lesotho covers an area of 30,355 km².
UN report urges Africa to rethink urbanization
The Economic Report for Africa 2017, launched this week in Dakar Senegal by the United Nations Economic Commission for Africa, urges African policy makers to rethink urbanization in the continent.
Cape Town set to host innovation on energy, water
The African Utility Week Expo, which is scheduled to open in Cape Town, South Africa in the coming May, is set to feature innovations in energy and water sectors, the organizers said.
African Union expresses concern over insecurity spread in Congo
The African Union Peace and Security Council during its 671st meeting express its deep concern over the increase in violence and the spread of insecurity in the Democratic Republic of Congo (DRC).
African Development Bank finances African Export–Import Bank
The African Development Bank (AfDB) is set to provide $450 million to the African Import – Export Bank (Afreximbank). The money will go to trade facilitation and financing in Africa.