African finance minister meeting opens in Addis
Organized by the United Nations Economic Commission for Africa (UNECA) the 53rd session of the Conference of African…
Vienna Program of Action best to address LLDCs challenges
The coronavirus pandemic has deepened challenges faced by landlocked developing countries (LLDCs), particularly those in Africa.
Experts’ meeting takes stock of Africa’s achievements
The 39th ECA Committee of Experts of the Conference of African Ministers of Finance, Planning and Economic Development…
COVID-19 worsens plight of Africa’s least developed countries
Mozambique, Sao Tome and Principe, Somalia and Sudan are in debt distress while 11 other African countries are…
The secret to Ethiopian Airlines’ success
By James Pearson – Ethiopian Airlines is by far Africa’s leading airline and is twice the size of…
U.S. provides $52 million to humanitarian operations in Tigray, Ethiopia
The United States provides an additional nearly $52 million in assistance to respond to the humanitarian crisis in…
Africa still lags behind in trading within its borders
African countries continue to trade more with the outside world than among themselves, according to findings of an…
Aleph Hospitality secures three management deals in Kenya
Dynamic independent hotel management company Aleph Hospitality has today signed the management contracts for three hotels in Kenya.
Media OutReach, News Direct ink business partnership
PRESS RELEASE – News Direct and Media OutReach – two newswires that are revolutionizing the news distribution industry…
Africa urged to work for a green, resilient COVID-19 recovery
The Economic Commission for Africa (UNECA) on Wednesday urged African countries to adopt policy measures that encourage green…
Angola secures $530 million for energy project
The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV…
Five U.S. billionaires wealth up by $355 billion
The United Sates (U.S.) top billionaires did extremely well during the COVID-19 pandemic, growing their already-huge fortunes to…
African Union set to launch test, vaccine passport
Ethiopian Airlines (Ethiopian) has partnered with the African Centers for Disease Control & Prevention (Africa CDC) for the…
Road traffic accident claims 24 lives in Ethiopia
A road traffic accident in Ethiopia on Monday claims lives of 24 passengers when two buses collided at…
Congo offers public bond to raise 100 billion CFA franc
The Republic of Congo has launched a public bond offering. The operation “EOCG 6.25% NET 2021-2026”, which aims…
IFC appoints new country manager for East Africa, Malawi
IFC, a member of the World Bank Group, has appointed Amena Arif as its new Country Manager for…
Ethiopia gives COVID-19 vaccination for health workers
The Ministry of Health of Ethiopia on Saturday begins vaccination of COVID-19 with a high-level national event held…
Why old industrialization pathways won’t work for Africa
As the world is embracing new technologies such as 3D printing, Africa is likely to lose hundreds of…
Ethiopian Airlines transports COVID-19 vaccines to African countries
Ethiopian Airlines (Ethiopian), the multi-award winning and largest airline in Africa, said it has operated COVID-19 vaccine delivery…
Senior U.S. Commerce official meets Ethiopian businesswomen
A senior U.S. Commerce official discusses trade and entrepreneurship with U.S. and Ethiopian businesswomen, and encourages prosperity through…
Visa set to digitize payments in Ethiopia
Visa Inc. (NYSE: V) Leading global payments technology company, Visa has affirmed its commitment to expanding digital payments…
U.S. travel, tour operators to hit $63.5 billion in revenue
The COVID-19 has caused colossal damage to the US travel industry, grounding airlines, emptying hotels, and stopping almost…
Ethiopian Human Rights Commission reflects on Addis Ababa prisons
Ethiopian Human Rights Commission (EHRC) Chief Commissioner Daniel Bekele and the Commission’s team visited the detention facility at…
Raxio launches data center construction in Ethiopia
The Raxio Group (“Raxio”), a premier pan-African data center developer and operator, held a ceremony to formally kick-off…
African Development Bank finances electronic payments modernization of Ethiopia
The Board of Directors of the African Development Bank has approved a grant of $2.33 million to EthSwitch…
AfDB named world’s best multilateral financial institution
The prestigious U.S. magazine, Global Finance, specializing in financial markets and investment banking, has named the African Development…
iLOQ accelerates mobile access throughout Europe
At the end of 2020, iLOQ signed a long-term framework agreement to be one of the favored priority…
Sea Electric Holdings completes $42 million equity financing
Following substantial growth in new markets, global automotive technology company SEA Electric Holdings Pty Ltd. (SEA Electric), announced…
Nium payments platform remits funds into four African markets
Nium, an advanced global payments platform, announced today that its clients are now able to send funds to…
Experts to reflect on sustainable industrialization in Africa
The UN Economic Commission for Africa (ECA) will hold its fifty-third session and the Conference of the African…