New Development Bank finances $1.5 billion energy projects
Within its first two years of operation, New Development Bank (NDB) approves a total of $1.5 billion in…
NBE
World Bank provides $445 million loan to Ethiopia
Ethiopian cities water and sanitation is set for improvement following the World Bank’s approval of a $445 million…
Institution advices investment in rural youth to end global migration crisis
President of the International Fund for Agricultural Development (IFAD), Gilbert F. Houngbo suggested the need for the developing…
Sage brings new payroll system to Kenya
Sage, one of the major technology providers for integrated accounting, payroll & HR and payment systems, today launches…
Ethiopian launches cargo routes to Italy, Spain
Ethiopian Airlines launches two new cargo routes to Europe: Milan, Italy and Zaragoza, Spain as of April, 2…
WHO urges Africa to ensure strong vaccine safety systems
The World Health Organization (WHO) urges African countries to enforce and ensure strong vaccine safety systems.
The hidden treasures of Ethiopia: Platinum
By Andualem Sisay Gessesse – Located in Eastern Africa with centuries-old historical and archeological attractions, Ethiopia is one…
Sudan President Al Bashir to visit Ethiopia on Tuesday
President Omar Hassan Ahmad Al Bashir of Sudan is expected to visit Addis Ababa, Ethiopia on Tuesday for…
Africa Renewable Energy Leaders Summit to kick off in Nairobi
The Africa Renewable Energy Leaders Summit (ARELS) is set to start in Nairobi, Kenya on Tuesday, the organizers…
Investment opportunities in Lesotho
Located in the south eastern region of Southern Africa and entirely surrounded by South Africa, the Kingdom of…
UN report urges Africa to rethink urbanization
The Economic Report for Africa 2017, launched this week in Dakar Senegal by the United Nations Economic Commission…
Cape Town set to host innovation on energy, water
The African Utility Week Expo, which is scheduled to open in Cape Town, South Africa in the coming…
African Union expresses concern over insecurity spread in Congo
The African Union Peace and Security Council during its 671st meeting express its deep concern over the increase…
African Development Bank finances African Export–Import Bank
The African Development Bank (AfDB) is set to provide $450 million to the African Import – Export Bank…
Uganda, Kenya secure funding for major road construction
Uganda and Kenya secured a total of $253 million from the African Development Bank Group (AfDB) for a…
South Sudan agree to join African Export-Import Bank
The youngest country in Africa, South Sudan, becomes participating country of the continental financial block – the African…
Ethiopia gets national public health training center
Ethiopia gets its first national public health training center built by the finance from the United States government.
Burundi, Rwanda and Tanzania commence 80 MW hydroelectric construction
Burundi, Rwanda and Tanzania today witnessed ground-breaking ceremony for construction of the 80 MW Regional Rusumo Falls Hydro-electric…
Partners improve state of nutrition of people living with HIV/AIDS in Ethiopia
The partnership between the United Nations World Food Programme (WFP) and United States Agency for International Development (USAID)…
South Africa, Ethiopia Airlines to commence partnership summer 2017
Ethiopian Airlines and South African Airways are set to launch their partnership as of Summer 2017.
Experts discuss health financing of Africa
At a meeting in Dakar, Senegal, Africa’s health experts on Saturday discuss health financing and social protection.
UN agency launches country profiles of 21 African nations
The United Nations Economic Commission for Africa (ECA) launched the second generation of its Country profiles. The launching…
Ethiopia gets first chocolate factory
Haredo LLC chocolate company announced the completion of its around $5 million investment (110 million birr) brand new…
Profit shifting companies steal $1.1 billion annualy from Ethiopia – report
Ethiopia loses over $1.1 billion every year by profit shifting companies, a new report reveals. The new individual…
Marriott introduces new hotel brand in Mauritius
Marriott International, Inc. is set to launch a new hotel brand – Aloft- in the capital city of…
African energy ministers gather in Togo
The Ministerial segment of the African Union’s first Specialized Technical Committee (STC) on Transport, Intercontinental and Interregional Infrastructures,…
Experts gather in Lagos for Cashless Africa expo
Experts gather to discuss the future of finance in Lagos, the economic hub of Nigeria at the Cashless…
EU, French agency launch Africa’s renewable energy project
The European Union and the French Development Agency (AFD Group) launched the “African Renewable Energy Scale-Up facility”, designed…
Juba to host great run to promote peace
In order to promote peace in a war-ravaged newest African nation, Juba, is set to host the first…
Algeria struggles to cope up with lower oil prices, says IMF
Algeria continues to face important challenges posed by lower oil prices, says an International Monetary Fund (IMF) staff…