IFC Invests $60 million to expand lending in Africa
With the aim of facilitating growth and job creation in Africa, the International Finance Corporation (IFC), a member…
Covering Business & Economy Since 2009
With the aim of facilitating growth and job creation in Africa, the International Finance Corporation (IFC), a member…
BY ANDUALEM SISAY GESSESSE – At the time Ethiopian political crisis was at its pick, one major news…
After assessing the situation of the country, the Council of Minister of Ethiopia decided today to lift the…
The Ethiopian Immigration and Nationality Affairs Main Department and Ethiopian Airlines today announced launching of an e-visa service…
African migration within the continent (intra-Africa migration) could boost growth and positively transform the structure of the continent’s…
Ethiopian Airlines wins the 2017 Airline Reliability Performance Award, for the 7th year in a row, from Bombardier…
Amnesty International issued a statement today urging Ethiopian government to stop the killings of Oromo people by the…
African Development Bank, which is rated AAA-rated by Moody’s/S&P/Fitch/Japan Credit Rating Agency, issued its second “Feed Africa” bond…
A new country report by a business risk intelligence firm, EXX Africa, which released a country report on…
Organized by the African Development Bank (AfDB) Busan, Korea hosted the Africa Day celebration on Friday. The event…
Concluding a five-day visit to Kenya the Vice President of the International Fund for Agricultural Development (IFAD), Cornelia…
The International Finance Corporation (IFC), a member of the World Bank Group, today announced a $10 million subordinated…
A model water supply, sanitation and waste management system is inaugurated today in Wukro town, Tigray Region of…
The African Development Bank (AfDB) disbursements reached $7.81 billion in 2017, a 15 percent increase over 2016 and…
Aysha Ibrahim is a mother of ten children who lives in Darolebu district, an area located in eastern…
The Korean government announced increasing its bilateral financial assistance package for Africa to $5 billion until the year…
The United States returns to the first spot of IMD’s most competitive economies in the world, followed by…
Focusing on the Role of the African Risk Capacity (ARC) and the Africa Disaster Risk Financing Program (ADRiFi)…
Digital trade within the context of the African Continental Free Trade Area (AfCFTA) will be at the center…
The African Development Bank, which begins its annual meetings this morning in Busan, Korea advises African countries to…
By Andualem Sisay Gessesse – Busan, South Korea – Korea, which managed to become the world’s high-tech industries…
With objective of speedup the development of manufacturing industries in Africa the United Nations Industrial Development Organization (UNIDO)…
The United States and South Korea signed a partnership agreement to expand the Power Africa program the former…
Industrial development and value addition in the manufacturing sector in Africa has declined over the last eight years…
By Andualem Sisay Gessesse, Busan, South Korea – During the 53rd annual meetings of the African Development Bank…
Ethiopian Airlines announce that it set to launch thrice weekly flights to Jakarta, Indonesia. The new service that…
The Committee to Protect Journalists (CPJ) urges authorities in Puntland, a semi-autonomous region in Somalia, to immediately release…
By Andualem Sisay Gessesse, Busan, Korea – If African countries have to replicate the industrialization development model of…
Boosting intra-Africa trade is the most effective way to bring economic growth and development to the continent, says…
The Board of Directors of the African Development Bank has approved EUR 200 million loan to support inclusive…