Saudia, the national flag carrier of Saudi Arabia, has reported significant growth in its operational performance for the third quarter of 2024, according to its latest performance report.
Ethiopia’s national flag carrier and largest Airbus operator in Africa, Ethiopian Airlines, has taken delivery of its first of four A350-1000 from Airbus in Toulouse, France.
Global integrated energy firm Unite Oil & Gas unveiled its growth strategy in Africa, with a specific focus on expanding its footprint in the Republic of Congo (RoC), in Cape Town on…
As part of ongoing efforts to enhance quality-assured testing options, the World Health Organization (WHO) has listed two additional mpox in vitro diagnostics under its Emergency Use Listing (EUL) procedure.
Africa should urgently invest in robust data and statistical systems to accelerate sustainable development, the Director of the Africa Centre for Statistics at the Economic Commission for Africa, (ECA), Oliver Chinganya has…
By Mekonnen Teshome – After years of comprehensive study, the World Bank Group and its partners published their results—the “Addis Ababa Sidewalk Safety and Improvement Study”—in 2022. The study showed the various…
Ethiopia’s digital economy could add over ETB 1.3 trillion to GDP by 2028, according to the GSMA’s new report, Driving Digital Transformation of the Economy in Ethiopia.
By Heidi Custers – As banking innovation continues to expand across Africa, the role of effective regulation has never been more critical.
In an exclusive interview with New Business Ethiopia, Ambassador Ruslan Nasibov, Azerbaijan’s Ambassador to Ethiopia and Permanent Representative to the African Union, shares insights into Azerbaijan’s preparations for hosting the upcoming 29th…
The Government of Ghana has purchased its first-ever sovereign drought insurance policy, taking a significant step towards safeguarding its vulnerable communities and agricultural sector from potential drought.
The fully state-owned telecom operator in Ethiopia, Ethio Telecom has announced offering share to the public worth 100 billion Birr.
The African Trade & Investment Development Insurance (ATIDI), and the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group, part of World Bank Group Guarantees, have signed a three-year partnership to…
Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala underscored the crucial role of trade and the WTO in addressing the challenges of farming and food security.
The African Development Bank (AfDB) Group has reached an agreement with participating Nigerian state governments to speed up implementation of a program designed to develop eight new agro-industrial zones in the country.