Malawi gets 15 million grant for water, sanitation project
The African Development Bank Group, has approved a $15 million grant from the African Development Fund (ADF) for…
Ethiopia launches $7 billion energy, road projects
Ethiopia launches $7 billion public private partnership (PPP) projects that focus on new road construction and energy development,…
Financial institutions advised to transform African trade
The transformation of trade in Africa is a task that all African financial institutions must collectively pursue, says…
Agricultural technology to turn African Savannah into global food basket
The African Development Bank is championing a new regional and global effort to transform the African Savannah from…
Ethiopia gets first female president
Ethiopian Parliament today elected Sahlework Zewde as the first female president of Ethiopia in modern history of the…
Bahrain, India, Lesotho, South Africa win UN Investment Promotion Awards
Agencies from Bahrain, India, Lesotho and South Africa have won top honours at the United Nations Investment Promotion…
African leaders advised to exploit the ‘new oil’
African leaders are advised to exploit statistics, the ‘new oil’. “Statistics is the new oil that our leaders…
Canada to host business forum on Africa
Canadian Council on Africa (CCAfrica) and Mining Suppliers Trade Association Canada (MSTA Canada) is set to host the…
South Sudan secures $44 funding
The Government of South Sudan today welcomed a contribution of $43.57 million from the African Development Bank for…
Cooperation key in the face of globalization backlash
The international political climate may be turning against globalization and threatening economic growth, but there is still a…
African Development Bank, African Trade Insurance Agency, UK reinsurers launch credit insurance deal
The African Development Bank (AfDB) and African Trade Insurance Agency (ATI) announce the successful completion of a $500…
First private ambulance service in Ethiopia celebrates 10th anniversary
TEBITA Ambulance, the first private ambulance and emergency service provider of its kind in Ethiopia, celebrates its 10th…
Amnesty International urges Ethiopia to release human rights defender
Amnesty International urges the Ethiopian authorities to immediately and unconditionally release a human rights defender and his friend…
Ethiopia to relieve congestion in the Port of Djibouti
A new accord is signed between Ethiopian Maritime Affairs Authority (EMAA) and World Food Programme to relieve congestion…
Women owned enterprises in Nigeria secure $50 million
The African Development Bank has approved a $50 million line of credit to Nigeria’s Fidelity Bank Plc to…
Africa endorses continental report on population, development
Ministers and senior government officials-in-charge of population in Africa met in Accra, Ghana, recently and endorsed a continental…
Global foreign direct investment fell by 41% in 2018
Global foreign direct investment (FDI) fell by 41% in the first half of 2018, to an estimated $470…
African Development Bank, Room2Run securitization model for global lenders
Room2Run, the African Development Bank and partners’ innovative $1 billion synthetic securitization of a portfolio of seasoned African…
Innovative finance, new technology connect underserved populations
New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting…
Eastern Africa gets strategy to accelerate economic transformation
The African Development Bank has approved the East Africa Regional Integration Strategy Paper (RISP) laying out the roadmap…
Ethiopian Airlines pioneers 1st GEnx Engine repair in Africa
Ethiopian Maintenance & Engineering Services, the largest and oldest aircraft maintenance centre in Africa, has become the first…
Military, transport helicopters of 21st century
By Col. Jamal Ahmed – I watched recently a video review of some of the best helicopters and…
Africa climate meeting in progress in Nairobi
The 7th Climate Change and Development in Africa (CCDA-VII) conference continued in Nairobi Thursday with experts discussing the…
DP World launches Berbera Port construction in Somaliland
Construction work on the development of the multi-purpose Berbera port in the Republic of Somaliland has started with…
Turkey Africa strengthening economic, business ties
Africa and Turkey are holding the 2nd Turkey Africa Economic and Business Forum, which was co-organised by the…
International SOS South Africa gets Top Employer Certification
International SOS, the world’s leading medical and security risk services company, received the ‘Top Employer’ award at a…
African needs one voice on climate issues
Africa needs to prepare and speak with one voice when it goes to COP 24 in Katowice, Poland,…
Geneva to host new investment-for-development initiatives
More than 5,000 participants from 160 countries will meet in Geneva to thrash out major new investment-for-development initiatives…
Ethiopia – Tunisia business forum opens in Addis Ababa
A business meeting between Ethiopian business communities and the business delegation from Tunisia opens today in Addis Ababa…
What next for PM Abiy Ahmed of Ethiopia?
By Aregu Balleh– Well, it has been a tumultuous six months: the hope and the fear; the ups…