NEPAD pushes for regional information hub establishment
The New Partnership for Africa’s Development (NEPAD) Infrastructure Project Preparation Facility (NEPAD-IPPF) has advocated the establishment of a…
Africa’s Land Commissions commit to securing community land rights
The regional workshop with African Land Commissions on securing community land rights ended in Accra, Ghana, Wednesday with…
African Land Commissioners meeting opens in Accra
The first ever meeting of African Land Commissioners that focused on the paradox of poverty in Africa amidst…
Ontex opens first production facility in Ethiopia
By Elias Gebreselassie – Personal hygiene products manufacturer Ontex opened its first production plant in Ethiopia under its…
UN director says boosting intra-African trade crucial
The United Nations Economic Commission for Africa’s (ECA) Capacity Development Division (CDD) Director, Stephen Karingi, emphasizes the need…
AfDB, Islamic Development Bank, African Development Bank agree to mobilize $2 billion in three years
The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have signed a $2 billion landmark deal…
UK provides £90 million to family planning in Ethiopia
The United Kingdom (UK), through its Department for International Development today announced its plan to provide £90 million…
United States announces $639 million humanitarian assistance to Africa
The United States over the weekend announced nearly $639 million in additional humanitarian assistance to the millions of…
Zambia gets financing to boost food security
Over 61,000 smallholder farmers will benefit from a financial agreement signed today between the International Fund for Agricultural…
Ethiopian Aviation Academy graduates 337 aviation professionals
Ethiopian Aviation Academy graduated 81 aviation maintenance technicians, 186 cabin crew and catering professionals, 70 commercial and ground…
UN Deputy Chief calls for greater partnership to implement Africa’s development agenda
While Africa has made significant progress, the great challenge that lies before us is how to deliver on…
Morocco secures US $25 million loan for solar power
Morocco received approval for a $25 million loan from the Climate Investment Funds’ Clean Technology Fund (CIF CTF)…
African Union designates specialized agency on capacity development
Development management in Africa have been bolstered following the formal endorsement of the African Capacity Building Foundation (ACBF)…
Obasanjo urges two-track approach for ECOWAS currency
The Economic Community of West African States (ECOWAS) should adopt a two-track approach to the introduction of a…
Indian Ocean Islands, East Africa collaborate for responsible fisheries
Countries from the Indian Ocean Islands and East Africa have come together to develop strategies to tackle illegal…
African leaders’ summit to focus on investment in youth
Focusing on investment in the youth, the African Heads of State 29th Summit is to take place in…
Mastercard, Kifiya partner to launch first international remit to pay service for Africa
Mastercard and Kifiya Financial Technologies – digital financial service provider in Ethiopia – have partnered to introduce first…
European Investment Bank to introduce private sector leasing, lending initiative in Ethiopia
The Vice President of the European Investment Bank, Pim van Ballekom, is expected to arrive Addis Ababa for…
Concerns over wages as Ethiopia introduces textiles industrial park
By Andualem Sisay Gessesse – Hawassa, Ethiopia– In summary: Following the economic growth of Asian and Far East…
Indian Tech Company set to green Ethiopia’s industries
Ethiopian government has decided to continue working with Arvind Limited, one of India’s leading companies, as its partner…
Afreximbank provides $200 million for Egypt’s industrialisation
The African Export-Import Bank (Afreximbank) has approved a $200 million industrialisation liquidity facility for Egypt’s Banque Misr for…
Red Cross distributes emergency aid to 35,000 people
Merima Musa is a mother of five children whose farm fields were in danger of lying empty. The…
Fiorano introduces its solutions to Ethiopian bankers
Fiorano, a Silicon Valley United States headquartered technology company, introduced its advanced banking solutions to representatives of banks…
Ethiopian Airlines orders two 777 Boeing aircrafts
Ethiopian Airlines and Boeing announced a commitment to purchase two 777 Freighters at the 2017 Paris Air Show,…
Shore Capital Fund III secures $15 million to support inclusive growth in Africa
The African Development (AfDB) has approved a $15 million investment in Shore Capital Fund III, a multinational Private…
COPA Coca Cola contributes to football development in Ethiopia
Urging others to follow Coca Cola’s footsteps to support youth football development in Ethiopia, the Ethiopian Football Federation…
African Development Bank approves $100 million for Export Trading Group
The African Development Bank approved a $100- million facility to finance Export Trading Group (ETG’s) soft commodity value…
Remittance lifts millions out of poverty, says new report
The amount of money migrants send to their families in developing countries has risen by 51 per cent…
Ethiopia inaugurates commercial farm service centers
BY ELIAS GEBRESELASSIE – Halaba Kulito city 240 kms south of Addis Ababa and Wolaita Sodo city 312…
Ethiopia launches E-visa service for 39 country citizens
The list of 39 eligible countries for E-Visa Application to travel to Ethiopia -June 13, 2017 Ethiopian Airlines…