Botswana’s economy slows to 3.8 percent in 2023, IMF predicts
The International Monetary Fund (IMF) predicted Botswana’s economic growth to slow to 3.8 percent in 2023.
Africa presents opportunities for Asian investors
Africa offers vast investment opportunities for Asian countries with the appropriate incentives for their private sectors, Prof. Kevin Urama, Chief Economist and vice president of the African Development Bank Group, has affirmed.
UN warns of soaring $92 trillion global public debt
The United Nations Secretary-General today presented the report, “A world of debt. A growing burden to global prosperity” and issued a grave warning as global public debt reached an all-time high of…
Ford, Salvador Caetano expand partnership to Uganda
Ford and Salvador Caetano expanded their partnership to Uganda and appointed Motorcare as their new distribution partner, and sole official importer-dealer, in Uganda.
Russia eyes strengthening strategic partnership with Africa
By Muluneh Gebre – A Russia-Africa pre-summit roundtable was held on Wednesday in the Ethiopian capital, Addis Ababa with Moscow looking to establish and strengthen a full strategic partnership with Africa.
Over 122 million people face hunger since 2019 – UN
Over 122 million more people are facing hunger in the world since 2019 due to the pandemic and repeated weather shocks and conflicts, including the war in Ukraine, according to the latest…
Russia invites African businesses for business cooperation
By Andualem Sisay Gessesse- Ahead of the upcoming second Russia-Africa Summit scheduled to take place in St. Petersburg at the end of this month, Russian Chamber of Commerce hosted a roundtable in…
ATIDI maintains profitable growth despite global headwinds
Pan- African Insurer, African Trade and Investment Development Insurance (ATIDI) – formerly known as the African Trade and Insurance Agency – ATI) has continued to register positive earnings while maintaining profitability despite…
USAID donates medical equipment to hospital in Ethiopia
The United States Agency for International Development (USAID)/Ethiopia through its Reaching Impact, Saturation, and Epidemic Control (RISE) activity, donated an oxygen compressor worth $100,000 (5.4 million Birr) to Jimma University Specialized Hospital.
Ethiopia, Kenya political and economic relations
By Andualem Sisay Gessesse- The relationship between Ethiopians and Kenyans is characterized by a long history of cultural, economic, and political interactions. These two neighboring countries in East Africa share many similarities,…
Real estate business in Ethiopia and affordability
By Andualem Sisay Gessesse – The real estate business in Ethiopia has been experiencing significant growth and development in recent years.
Cairo hosted high-level business roadshow on intra-African trade
The African Export-Import Bank in collaboration with the African Union Commission (AUC), the African Continental Free Trade Area (AfCFTA) Secretariat and the Ministry of Trade & Industry of Egypt hosted a high-level…
Investment opportunities in fruits, vegetables processing in Ethiopia
By Andualem Sisay Gessesse – Ethiopia is known for its rich agricultural resources, including a wide variety of fruits and vegetables. The processing of these agricultural products plays a crucial role in…
Fish market and processing business in Ethiopia
By Woubishet Sisayy – As Ethiopia is a landlocked country located in the Horn of Africa, it may not be the first place that comes to mind when thinking about fishery business.…