Global partners launch Alliance for Entrepreneurship in Africa
To support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa, African,…
Ethiopia Electric Utility, Safaricom ink electric poles leasing agreement
Ethiopia Electric Utility (EEU), the state agency in charge of selling energy, today inked concrete pole leasing agreement…
Credit to micro, small businesses in Ethiopia declines 34 percent
Credit to micro and small enterprises in Ethiopia has declined by 34 percent during the last budget year…
Alliance invites African women for agriculture award
The Alliance for a Green Revolution in Africa (AGRA) launches 2022 Women Agripreneur of the Year awards inviting…
Ethiopia customs seizes 67 million Birr contraband goods
Customs Commission of Ethiopia said within one week period it has captured worth 67.5 million Birr contraband goods…
Ethiopia postpones privatization of Ethio Telecom
The Ministry of Finance of Ethiopia said it has decided to postpone it plan of partial privatization of…
BGI Ethiopia to rejuvenate Meta Beer brand
Having concluded the agreement to acquire Meta Abo Brewery S.C. from Diageo, BGI Ethiopia is now waiting for…
Ethio Telecom profit doubles in two years
Annual gross profit of Ethio Telecom, the state-owned telecom service provider in Ethiopia, has almost doubled within the…
Africa Investment Forum virtual boardrooms attract $32.8 billion
The Africa Investment Forum boardrooms have drawn $32.8 billion in investment interest in bankable projects.
MCC Investments ‘powering Africa’ through modern energy solutions
The Millennium Challenge Corporation’s (MCC) Vice President of Compact Operations, Fatema Sumar, united with private sector, development, and…
Recycling plastic waste gathers momentum in Africa
More and more plastic waste is being diverted from landfills and into a circular economy that grows employment…
U.S. imposes visa restriction on Somali officials
The United States Government has announced additional visa restrictions on the officials of the Government of Somalia for…
African Development Bank approves $127 million to Niger
On Wednesday in Abidjan, the African Development Bank Group approved funding of $127.8 million to Niger to support…
U.S. Ambassador in Ethiopia visits war affected people
The United States Chargé d’Affaires in Ethiopia, Ambassador Tracey Jacobson, on Wednesday visited people affected by war and…
Ethiopia economy set to grow 8.7 percent this year
The Government of Ethiopia forecasted 8.7 percent economic growth for the current Ethiopia’s budget year started July 8,…
Bunna Bank of Ethiopia introduces new logo
Bunna Bank, one of the private financial institutions in Ethiopia, today announced rebranding itself with a new logo…
Mozambique joins ICT data collection initiative
Mozambique became the sixth African country to benefit from a digital data supervision system that provides the tool…
Two agencies partner to support climate-smart agriculture globally
The Alliance for a Green Revolution (AGRA) and Agriculture Innovation Mission for Climate (AIM for Climate) announced partnership…
New irrigation project in Ethiopia to benefit 12,000 farmers
A new irrigation dam project under construction near Weybo River in Southern region of Ethiopia is said will…
“We shouldn’t allow Tigray secession”, says Ethiopia PM
Prime Minister of Ethiopia Abiy Ahmed said his party shouldn’t allow secession of Tigray.
Ethiopia ruling party introduces presidential system
The ruling party in Ethiopia, Prosperity Party, on Saturday approved a new program (rule of engagement that governs…
Ethiopia investigation reveals sexual violences, torture by TPLF
The latest investigation by Ethiopian Human Rights Commission (EHRC) revealed sexual and gender-based violences,torture and other forms of…
Ethiopia ruling party inaugural assembly opens
Ethiopia’s ruling party, Prosperity Party, which came to power wining the last June general election today held its…
Ethiopia electric generates about 9 billion Birr revenue
Ethiopia Electric Utility (EEU), the state agency engaged in selling electric energy, has generated 8.96 billion Birr revenue…
Adama Steel completes factory expansion
Adama Steel factory, a private company located in Oromia region of Ethiopia, has completed its expansion project with…
Slovenia eyes strengthening investment relation with Ethiopia
Ambassador Tomaz Kun Stelj, Slovenia’s Ambassador in Rome met with Ethiopian Ambassador in Italy, Ambassador Demitu Hambisa and…
Ethiopia – Israel parliamentarians to support war affected
Ethiopia – Israel Parliamentary Friendship Association held a roundtable discussion on Wednesday in the Israeli Parliament (Knesset) to…
IOM, US deliver assistance for Ethiopians in Amhara, Afar
The United States handed over 250 metric tons of humanitarian assistance to the International Organization for Migration (IOM)…
KELIX bio set to acquire Morocco-based pharmaceutical institute
Development Partners International (DPI) and CDC Group today announced that an agreement has been signed for KELIX bio…
Islamic Finance, Halal economy are forecast to grow – research
A new research with leading Islamic Finance professionals shows they expect strong growth for the wider Halal economy…