Africa Finance Corporation issues a half billion Eurobond
Africa Finance Corporation (‘AFC’) has issued a half billion dollars seven year Eurobond. The senior, unsecured Eurobond which…
African Development Bank supports Zambia, Zimbabwe’s Energy Project
The African Development Bank (AfDB) pledges support for the under-construction 2,400 MW Batoka Gorge hydro-electric joint project of…
Ethiopian Airlines partners with Air Europa
Africa’s largest airline group, Ethiopian Airlines and Air europa concluded partnership agreement signing a codesharing agreement, which will…
Kenya Airways, GE partner to train for Kenyan aviation students
Kenya Airways and General Electric (GE) are set to provide high tech training for Aerospace and Aviation Engineering…
Marriott opens first property in Kenya
Marriott International enters Kenyan market opening of Four Points by Sheraton Nairobi Hurlingham. It will be Marriott’s first…
East Africa embarks on $27 billion mega projects
The East African region is currently undertaking 43 mega projects worth $27.4 billion, a new research reveals.
One-in-seven consumes migrants’ money – UN agency says
While migration issues draw political fire in Europe and beyond, the greater development benefit of the approximate half…
India to host African Development Bank 2017 summit
The city of Ahmedabad, India, is set to host the 2017 Annual General Meetings of the African Development…
Kaduna Investment Forum unveils Ease of Doing Business Charter
The 2nd Kaduna Investment Forum (Kadinvest 2.0) which, took place on Thursday in Nigeria’s northern State of Kaduna,…
Ethiopian Airlines Inaugurates Three Maintenance Hangars
Ethiopian Airlines today inaugurates three wide body hangars equipped with state of the art tele-platforms and tail docks…
30 million people in Africa suffer from depression
The World Health Organization (WHO) says currently 30 million people in Africa are suffering from depression.
Djibouti remains at high risk of debt distress, IMF says
Djibouti is at high risk of debt distress, says the International Monetary Fund (IMF).
Tanzania secures $30 million loan to unlock its natural gas potential
The African Development Bank (AfDB) decided to provide around $30 million financing to help Tanzania unlock its natural…
Air Djibouti pilot becomes first African pilot to fly solo around the world
Pilot of Air Djibouti, Ademilola “Lola” Odujinrin, become the first African pilot in history to fly solo around…
Japan assists drought affected Somalis in Ethiopia
To assist water supply, sanitation and hygiene (WASH), nutrition and prevention of acute watery diarrhoea in drought affected…
Ethiopian and Singapore Airlines expand partnership
With the aim of making the travel of their customers seamless, Ethiopian Airlines and Singapore Airlines agree to…
Nigeria eyes boosting cassava production
Nigeria, the largest producer of cassava in the world, is working to boost its production through introduction of…
Facebook expands its service to Africa
With the aim of expanding its services to African market, Facebook has moved its Johannesburg offices into new…
Kenya, Uganda secure funding for road construction
The African Development Bank (AfDB) is set to provide $253 million loans for Kenya and Uganda to use…
Amnesty calls for investigation of alleged Darfur chemical attacks
Amnesty International on Wednesday calls for the need to investigate the alleged chemical attack in Darfur. The global…
London set to host Africa oil, gas summit
The city of London is set to host the 16th Africa Independents Forum, the global summit that focuses…
African Development Bank to discus economic sanctions on Sudan
To exchanges views with the Sudanese authorities on opportunities associated with the temporary removal of economic sanctions and…
Rwanda launches Ecosystem of Pan-African transformation
The African Institute for Mathematical Sciences (AIMS), in partnership with the Government of Rwanda, today announced the launch…
Ethiopian maids continue to suffer in the Middle East
The amateur video shot in Kuwait last week showing Ethiopian maid falling from the 7th floor, reveals the…
Ethiopia set to improve trade logistics efficiency
With the aim of increasing trade logistics efficiency in Ethiopia, the World Bank (WB) on Friday approved a…
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…
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…