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Europe provides 165 million Euros to horn of Africa

March 17, 2017

European Union’s Commissioner for International Cooperation and Development Neven Mimica, announced a support package of €165 million to address the multiple crises in the Horn of Africa region.

Ethiopia’s banking industry grows double digit

March 17, 2017

A new report predicts double digit growth of Ethiopia’s banking industry. Ethiopia’s commercial banking sector will post a steady expansion over 2017, with both loan and deposit growth continuing on a strong…

Hotel investment in Africa upsurges  

March 16, 2017

The number of investments in hotel and tourism sector of Africa has been growing says, a research. Africa is seeing a significant growth in international air travellers – arrivals were up 10.3%…

The building blocks of a new mobile revolution

March 15, 2017

By Mariam Abdullahi Despite on-going economic challenges and some tricky regulatory issues, Africa is fast approaching the 1bn mobile subscriptions landmark. The continued rollout of 3G and 4G networks, as well as…

Garbage landslide death toll in Ethiopia reaches 62

March 13, 2017

Following the landslide of a mountain of garbage, 62 people died on Saturday evening in Addis Ababa. The incident happened at the city’s trash dumping area known as Koshe, the government said.