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Latest Headlines

Kenyan IT company tells Ethiopian banks to relax

November 25, 2016

Fintech, the Pan-African information technology solution provider based in Kenya, vows to finalize installation of cheque authentication and verification technology to its client banks before the December 31, 2016 deadline set by the…

Ethiopia says working to boost electricity export

October 28, 2016

By Andualem Sisay Gessesse – Ethiopia is working to increase electricity power export to its neighboring countries including Sudan, Djibouti, Kenya and Tanzania, a government official said.

Africa’s journey towards agriculture revolution

September 6, 2016

By Andualem Sisay Gessesse – Dr. Allan Makenzie is born and grown up in the rural village of Kenya within Machakos County. Thanks for his hardworking parents engaged subsistence farming, he managed…

Report highlights Al Shabaab’s changing tactics

Report highlights Al Shabaab’s changing tactics

August 15, 2016

The inter-governmental Authority n Development (IGAD), the eight-country trade and development bloc in eastern Africa, has launched a report on Al Shabaab that highlighted the extremist group is changing tactics.

Old friends warming for second round war

Old friends warming for second round war

June 19, 2016

After Eritrea became an independent nation in 1993, the country was doing well economically and politically. In fact, at one point it becomes top coffee exporter in Africa without planting a single…

Africa ministers discuss commodity prices plunge

April 4, 2016

Finance, monetary affairs, economic planning and integration ministers of African countries began discussion in Addis Ababa, this morning on how the continent brings an end to its suffering from global commodity prices…

Ethiopia provides $2.4 billion tax incentive for investors

Ethiopia tax income up 10%

March 11, 2016

BY ANDUALEM SISAY GESSESSE-The tax income of Ethiopia over the past six months has increased by 10% compared to last year same period (August 8, 2014 – Jan 7, 2015), Prime Minister…

Ethiopia aims learning from Kenya to improve its dairy sector

Ethiopia aims learning from Kenya to improve its dairy sector

January 19, 2016

With aim of transforming Ethiopia’s dairy products using Kenyan experience, Schulze Global Investment (SGI), the United States based private equity firm, acquired 45% of share in Family Milk, one of the top diary producing firm in the country.

Partners launch prepaid shopping card in Ethiopia

January 11, 2016

To boost the number of people in Ethiopia who use electronic payment systems, a technology firm and a local bank have introduced merchant loyalty prepaid shopping electronic card system.