Muzikawi set to release new album ‘Sounds of Ashenda’
Muzikawi with the esteemed Tigray Cultural Group, is excited to announce the release of their highly anticipated album, ‘Sounds of Ashenda’, which is set to drop on Friday August 16, 2024.
ARC pays out over $170 million in claims
The African Risk Capacity Limited (ARC Ltd) commemorates its 10th anniversary and outlines a decade of impact, which saw it paying out over $170 million in claims and underwriting a record $25…
Afreximbank, Uganda Development Bank sign financing agreement
African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory financing and technical support services to public and…
Afreximbank to double intra-African trade financing to $40 billion
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade…
Why USSD mobile banking is viable solution for Africa
With its innovative Engagement Banking Platform (EBP), Backbase has been engaged in providing its services to sure financial institutions deliver seamless and personalized experiences to today’s customers. For 20 years, the Dutch…
Ethiopia to issue forex bureau licenses
BY YANET FANTAYE WOGAYEHU – For the first time in the country’s history, the National Bank of Ethiopia (NBE), the financial sector regulatory body of the country, has begun accepting applications from…
US law firm seeks $58 billion for Ethiopian Airline crash victims’ families
BY YANET FANTAYE WOGAYEHU – Lawyers representing families of victims of the 2019 Ethiopian Airline’s Boeing 737 Max plane crash are pushing for more compensation as they dispute a new agreement between…
UNICEF promotes breastfeeding in Ethiopia
This week, as we observe World Breastfeeding Week under the theme, “Closing the gap: Breastfeeding Support for All”, UNICEF is calling on governments, donors, civil society, and the private sector to step…
Nairobi Declaration redefines Africa’s resolve for agricultural transformation
By Josefa Leonel Correia Sacko – From 7-9 May this year, more than 4,000 key stakeholders including 10 African Heads of State and Government and 30 Ministers of Foreign Affairs and Agriculture…
Saudia Group concludes successful Hajj season 1445H
Saudia Group has announced its remarkable contributions to the success of Hajj Season 1445H through its integrated ecosystem that includes aviation, cargo, logistics, catering, ground services, and maintenance.
Togo secures funding for agro-food processing zone
The Board of Directors of the African Development Bank Group (www.AfDB.org) have approved a loan of US $26.55 million to Togo to implement the second phase of the Agro-Food Processing Zone Project.
Ethiopian Airlines, Satarem America partner for Sustainable Aviation Fuel
Ethiopian Airlines Group has signed a Memorandum of Understanding (MOU) with Satarem America Inc. to partner on production and use of Sustainable Aviation Fuel (SAF) in Ethiopia.
Tecno CAMON 30 Pro 5G: Fashion, performance new era
In the ever-evolving world of smartphones, the Tecno CAMON 30 Pro 5G emerges as a trailblazer, seamlessly blending fashion, lifestyle, and cutting-edge technology.
Global goods, commercial services trade reaches $30.4 trillion
BY YANET FANTAYE WOGAYEHU – The value of total goods and commercial services trade in 2023, at US$ 30.4 trillion, was close to record highs, according to the annual report of the…