Korea recommends fast-track industrialization strategies to Africa
By Andualem Sisay Gessesse – Busan, South Korea – Korea, which managed to become the world’s high-tech industries…
Institutions collaborate to introduce staple crop processing zones in Africa
With objective of speedup the development of manufacturing industries in Africa the United Nations Industrial Development Organization (UNIDO)…
United States, Korea partner to electrify Africa
The United States and South Korea signed a partnership agreement to expand the Power Africa program the former…
Manufacturing industry share in Africa goes down
Industrial development and value addition in the manufacturing sector in Africa has declined over the last eight years…
How Ethiopia gets Korean development model wrong
By Andualem Sisay Gessesse, Busan, South Korea – During the 53rd annual meetings of the African Development Bank…
Ethiopian Airlines set to link Africa with Indonesia
Ethiopian Airlines announce that it set to launch thrice weekly flights to Jakarta, Indonesia. The new service that…
CPJ urges Puntland to release detained journalist
The Committee to Protect Journalists (CPJ) urges authorities in Puntland, a semi-autonomous region in Somalia, to immediately release…
Government role crucial for industrializing Africa, AfDB says
By Andualem Sisay Gessesse, Busan, Korea – If African countries have to replicate the industrialization development model of…
AU says intra-Africa trade key for development
Boosting intra-Africa trade is the most effective way to bring economic growth and development to the continent, says…
Morocco agribusiness gets EUR 200 million
The Board of Directors of the African Development Bank has approved EUR 200 million loan to support inclusive…
UN advises Ethiopia to pursue deeper regional integration
A country report by the United Nations Economic Commission for Africa (UNECA) on Ethiopian economy advised the country…
Liberia’s small enterprises secure $20 million funding
The African Development Bank (AfDB) is to provide $20 million to boost lending to small and medium-sized enterprises…
Ethiopia investigating corrupt officials, tracking stashed money abroad
Ethiopian government is conducting investigation of corrupt government officials, who are suspected of being engaged in elicit financial…
Continental bank bans Robert Akika Ngong for fraudulent practice
The office of Integrity and Anti-Corruption of the African Development Bank (AfDB) found Ngong to have engaged in…
Ethiopia promises to ratify African Continental Free Trade area deal
During the official opening of the 51st African Conference of Ministers responsible for economy development on Monday, Dr.…
Angolan farmers secure funding to improve food security
A new financial agreement, signed today between the International Fund for Agricultural Development (IFAD) and Angola, is to…
Partners to solve Africa’s $331 billion SME Finance Gap
The International Finance Corporation (IFC) and Small and Micro Enterprises (SME) Finance Forum propose a solution that will…
Guinea set to improve 65,000 rural households incomes
The International Fund for Agricultural Development (IFAD) and the Government of Guinea signed a new financial agreement today…
Rwanda, Niger ratify African free trade bill
By Omer Redi – The governments of Rwanda and Niger have joined Kenya and Ghana in ratifying the…
UN urges Africa to invest in corruption prevention
Africa needs to invest in corruption prevention strategies if the continent is to achieve sustainable development that will…
Report stresses agriculture’s significance in transforming African economy
A new report, entitled, Agriculture, Powering Africa’s Economic Transformation’, by the African Center for Economic Transformation (ACET) –…
Foundation expresses concern on Capacity for Realization of African Free Trade Agreement
The African Capacity Building Foundations (ACBF) concern that lack of ratification and implementation capacity for the African Continental…
Africa, China experts to discuss power interconnection in Africa
Energy experts from Africa and China are set to meet in Addis Ababa, Ethiopia, to discuss power interconnection…
Ministers call for bold action to drive Africa free trade
The potential for the African Continental Free Trade Area (AfCFTA) to become a powerful tool for driving industrialization,…
Germany promotes agricultural mechanization technologies in Ethiopia
The German Development Cooperation (GIZ) today host a field day in Ethiopia at the Kulumsa Agricultural Research Center…
Embassy celebrates United States’ National Day in Ethiopia
The United States Embassy in Addis Ababa, Ethiopia, on Thursday celebrates America’s 242nd national day at the embassy…
African Union calls on members to follow Kenya, Ghana footsteps
As Kenya and Ghana take the lead, the African Union Chairperson Moussa Faki calls on member states to…
Ethiopia revokes gold mining license of MIDROC Gold
Ethiopia’s Ministry of Mines, Petroleum and Natural Gas has suspended gold mining license of MIDROC Ethiopia’s Legadembi Gold…
Why Ethiopia needs to investigate fake biofuel investments
In Summary – In 2007 Ethiopia introduced biofuel development strategy. Not long after, the non-oil producing country began…
Ethiopian Airlines partners with Air Côte d’Ivoire
Ethiopian Airlines, one of the largest Aviation Group in Africa and Air Côte d’Ivoire, the national flag carrier…