New law converts Nairobi to tax heaven, civil society warns
The capital of Kenya, Nairobi, risks becoming a tax haven and a conduit for illicit financial flows if…
Nigeria becomes self-sufficient in cement production
Nigeria has become self-sufficient in cement production and is now an exporter of the commodity, the government said.
Ethiopia, Djibouti sign extradition agreement
Djibouti’s President Ismail Omar Guelleh, who is visiting Ethiopia, witnessed On Friday the signing of extradition agreement between…
Europe provides 165 million Euros to horn of Africa
European Union’s Commissioner for International Cooperation and Development Neven Mimica, announced a support package of €165 million to…
Ethiopia’s banking industry grows double digit
A new report predicts double digit growth of Ethiopia’s banking industry. Ethiopia’s commercial banking sector will post a…
Orange launches products in Burkina Faso
Orange, one of the world’s leading telecommunications operators, announces today the launch of its brand in Burkina Faso.
British Foreign Secretary extends visit to Ethiopia
Extending his east African visit from Mogadishu, Somalia, the British Foreign Secretary Boris Johnson arrive Addis Ababa, Ethiopia…
Hotel investment in Africa upsurges
The number of investments in hotel and tourism sector of Africa has been growing says, a research. Africa…
CAF expects to generate one billion dollar from TV rights
The Confederation of African Football (CAF), which is undertaking its general assembly in Addis Ababa, says it plans…
London set to host Africa’s oil summit
London City is set to host the 16th Africa Independents Forum, a key event on the international oil…
Partners launch Africa’s end-to-end ICT solutions provider
Telkom and Business Connexion have announced the launch of BCX, Africa’s premier end-to-end information communication technology (ICT) solutions…
The building blocks of a new mobile revolution
By Mariam Abdullahi Despite on-going economic challenges and some tricky regulatory issues, Africa is fast approaching the 1bn…
Johnson & Johnson wins Africa Innovation Challenge
Johnson & Johnson today named the winners of the first Africa Innovation Challenge at the Global Entrepreneurship Congress.
African Development Bank advices governments to solve energy problem
The President of the African Development Bank, Akinwumi Adesina and the former UN Secretary-General, Kofi Annan, called on…
Ethiopian Airlines wins cargo airline award for network development
Ethiopian Airlines wins ‘Cargo Airline Award for Network Development’ at the tenth anniversary of the Brussels Airport Aviation…
Garbage landslide death toll in Ethiopia reaches 62
Following the landslide of a mountain of garbage, 62 people died on Saturday evening in Addis Ababa. The…
Copa Coca-Cola rejoices its 2017 Ethiopian tournament
The Coca-Cola Company on Thursday officially opens the 2017 Copa Coca-Cola National Tournament in Addis Ababa, Ethiopia.
Africa Finance Corporation invest in Egyptian company
Africa Finance Corporation (AFC) is set to invest $25 million in Egyptian petrochemicals company Carbon Holdings Ltd, the…
Experts gather in Addis Ababa to discuss African free trade area
Experts from the Economic Commission for Africa (ECA) recently participated in the 5th meeting of the Continental Free…
African Water Facility agree to help improve Mozambique’s urban sanitation
The Government of the Republic of Mozambique and the African Water Facility (AWF) has entered into a grant…
African Development Bank launches gender innovation contest
African Development Bank (AfDB) President Akinwumi Adesina announces gender innovation contest to promote gender equality in AfDB’s operations…
Food insecurity in Ethiopia leads to inflation rise – report
Ethiopia will experience a resurgence in inflation over 2017 as food insecurity increases on the back of erratic…
Oranto to explore oil in South Sudan
Oranto Petroleum says it is going to invest $500 million to develop South Sudan’s Block B3. The company…
Ghana gets partners to restore its forest
The African Development Bank (AfDB) and Climate Investment Funds’ Forest Investment Program (CIF FIP) sign loan of $24-million…
African Development Bank provides $25 million to Mali
The African Development Bank (AfDB) is set to provide $25 million concessional loan to the Government of Mali…
Africa gets partners to combat climate disasters
The African Risk Capacity (ARC) has added a crucial partner to its portfolio by formally teaming up with…
DRC, Mozambique and Zambia secure power interconnection fund
The NEPAD-IPPF (Infrastructure Project Preparation Facility) has approved US $3.88 million in grants to the Governments of the…
Key facts about tourism in Ethiopia
Ethiopia generates substantial income from its tourism sector. The country received over 900,000 visitors in 2015. In the…
Asoko Insight opens Ethiopia research office
Africa’s largest corporate data provider, Asoko Insight, has formally established operations in Ethiopia with the opening of its…
Geneva set to host 5th Africa CEO Forum
The 5th edition of the AFRICA CEO FORUM will take place from 20 – 21 March in Geneva…