United States withdraw from UN agency
The United States on Tuesday informed Director-General Audrey Azoulay of the United States’ decision to withdraw from UNESCO following admission of State of Palestine as member of the UN agency.
DRC seeks strategic partnership with U.S. at Houston energy forum
Blessed with vast mineral wealth, including oil and significant deposits of cobalt, copper, diamonds, gold, and tantalum, the Democratic Republic of the Congo (DRC) is intensifying its focus on upstream development and…
Developing countries advised to add value, end commodity dependence
A new report by the UN Trade and Development (UNCTAD) advised developing countries including Ethiopia, which exports over 80% of its commodities in raw form, to end their dependence on raw commodity…
Vertiv to acquire custom rack solutions manufacturer
Vertiv (NYSE: VRT), a global provider of critical digital infrastructure, today announced it has entered into an agreement to acquire the Great Lakes Data Racks & Cabinets family of companies (collectively “Great…
US EXIM bank approves $297 million transaction to Angola
The Export-Import Bank of the United States’ (EXIM) Board of Directors today approved a transaction to export Boeing aircraft and spare propulsion equipment to Angola.
Africa told to unite amid debt crisis, donor retreat
Rising debt, geopolitical instability and declining aid flows are intensifying external pressure on African economies.
Banks in Ethiopia advised to provide tailored products
A new report by Backbase, the global innovative banking solutions provider, highlights the need for tailored products in Ethiopia banking sector targeting women, rural users, and small and micro enterprises.
WHO, UNICEF launch polio vaccination campaign in Yemen
The World Health Organization (WHO) and the UN Children’s fund (UNICEF) launch this week a new round of polio vaccination for children in Government of Yemen-controlled areas.
DRC accepts WTO Fisheries Subsidies Agreements
World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala on Friday received the Democratic Republic of the Congo’s instrument of acceptance of the Agreement on Fisheries Subsidies from the Minister for International Trade, Julien…
Ethiopian Airlines commences flight to Hanoi, Vietnam
Ethiopian Airlines announced the commencement of its new four-times-weekly passenger service to Hanoi, the vibrant capital of the Socialist Republic of Vietnam.
Dangote plans $3 billion fertilizer investment in Ethiopia
Mr. Aliko Dangote, Africa’s richest person, says he is planning to set up fertilizer factory in Eastern part of Ethiopia Somali region by investing $3 billion.
Global trade grew $300 billion in 2025 first half
Global trade expanded by an estimated $300 billion in the first half of 2025, despite a slower pace of growth, according to the latest Global Trade Update released on 8 July by…
African cities deepen fiscal reform efforts
Urban areas across Africa are growing at a remarkable pace, but many city governments are being asked to deliver more with limited fiscal space and constrained access to capital.
ILTM Africa opens doors to inbound, outbound luxury travel
ILTM (Invitation-only Luxury Travel Market) Africa today announced a major expansion for its 2026 event, becoming the first luxury travel marketplace on the continent to serve both inbound and dedicated outbound opportunities…