Ethiopian Airlines launches flight to Warsaw, Poland
Ethiopian Airlines launches a new four times weekly passenger services to Warsaw, Poland via Athens.
Africa told to invest in science, technology
Africa can build a more prosperous, just, and sustainable future if countries invest in science, technology and innovation, these are sentiments echoed by African leaders, representatives and experts at the opening of…
Focus on domestic resource mobilization, inflation – IMF told Africa
By Andualem Sisay Gessesse, Washington DC – In the face of cost of borrowing increasing and official development assistance declining, the International Monetary Fund (IMF) advices Sub-Saharan African countries to make the…
World Bank to expand health services to 1.5 billion people
The World Bank Group today announced an ambitious plan to support countries in delivering quality, affordable health services to 1.5 billion people by 2030.
US allocates $1 billion to strengthen global food security
Today, USAID Administrator Power and U.S. Secretary of Agriculture Tom Vilsack announced they will begin to use the $1 billion in Commodity Credit Corporation funding to purchase, ship, and distribute agricultural commodities…
IMF reflects on Asia economic outlook
By Andualem Sisay Gessesse – Washington DC, USA – On the sidelines of the Spring meetings of the International Monetary Fund (IMF)/World Bank (WB) taking place in Washington DC, Krishna Srinivasan, Director,…
Partnership to connect 300 million to electricity by 2030
The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.
Afreximbank invests in Bloom Africa Holdings Limited
The Fund for Export Development in Africa (FEDA), Afreximbank’s impact investment subsidiary, has announced its investment into Bloom Africa Holdings Limited (BAHL), a regional financial services platform operating across West Africa.
WTO adopts recommendations to support members tackle food insecurity
At a special meeting today, the WTO Committee on Agriculture adopted a report containing recommendations on how to help least developed countries (LDCs) and net food-importing developing countries (NFIDCs) respond to acute…
AfDB inaugurates regional office building in Cameroon
The African Development Bank (AfDB) has inaugurated an ultramodern regional office building in Yaoundé, Cameroon in a move that reaffirms its commitment to Central Africa’s development course. Joseph Dion Ngute, Prime Minister…
Partners set to respond to worst droughts in southern Africa
The southern African region is experiencing one of its worst drought in decades, and millions are facing extreme food insecurity and water shortages, amidst a growing climate crisis, fueled by the El…
Indebtedness, conflicts affect growth in North Africa. Middle East
The World Bank’s new Middle East and North Africa Economic Update, entitled Conflict and Debt in the Middle East and North Africa, shows that lackluster growth, rising indebtedness and heightened uncertainty due…
UNAIDS report urges to expand HIV services
A new report released today by UNAIDS and Friends of the Global Fight Against AIDS, Tuberculosis and Malaria shows how countries are leveraging their HIV responses to both ensure impact on the…
The Radisson brand enters Cape Town
Radisson Hotel Group brings the renowned Radisson brand to South Africa’s “Mother City” with the rebranding of Park Inn Cape Town Foreshore to Radisson Hotel Cape Town Foreshore.