Marrakesh to host Francophone hotel investment forum
Marrakesh set to host the first hotel investment forum, Forum sur l’Investissement Hôtelier Africain (FIHA), which focuses on…
Africa
UN agency urges Africa to combat money laundering
The Executive Secretary of UN Economic Commission for Africa, (ECA) Vera Songwe, said that combatting bribery, money laundering…
Alibaba Group Founder provides $10 million to Africa Entrepreneur Prize
Alibaba Group founder and Executive Chairman Jack Ma today launched the Jack Ma Foundation ‘Netpreneur’ Prize, a new…
Phanes Group kicks off Solar Incubator program for Africa
Phanes Group, an international end-to-end solar provider headquartered in Dubai, UAE, has announced the 2nd edition of its…
Disruptive technology set to enhance financial inclusion in Africa
The United Nations Economic Commission for Africa (UNECA) is collaborating with the International Financial Corporation (IFC) and Ant…
Paylater app reaches one million downloads in Nigeria
In Nigeria, a country of nearly 200 million people, 61% of the adult population is underbanked. Fintech companies…
UN agency calls for Africa’s pharmaceutical development
There is an urgent need to develop the pharmaceutical industry in Africa to reduce the continent’s dependence on…
Africa can generate $33 billion working capital from trading
Africa can generate $33.5 billion working capital from improved business relations with its trading partners if the suppliers…
IFC set to boost wind energy development in Africa
The International Fiance Corporation (IFC), a member of the World Bank Group, has forged a new partnership with…
Africa, India trade grows ten fold
Trade between Africa and India rose more than 10-fold between 2001 and 2014, making India Africa’s fourth-largest national…
African Union launches Africa’s Development Dynamics report
Africa needs development strategies more coherent and prioritizing improved public action to stand up to the challenges of…
UN urges countries to help Africa fight money laundering, tax evasion
The Secretary-General of the United Nations, Mr. António Guterres, who is in Addis Ababa for the joint African…
Ethiopia, Egypt, Nigeria, Zambia, Côte d’Ivoire discuss Africa Energy Market
Experts from Ethiopia, Egypt, Nigeria, Zambia and Côte d’Ivoire along with public, private and civil society representatives discuss…
How sea-based drug trade undermines democracy
The east African coast plays an increasingly significant role in the global heroin trade. Heroin is shipped from…
United States fact-finding team concludes mission in Ethiopia
Ethiopia was the first stop of a four-nation President’s Advisory Council on Doing Business in Africa (PAC-DBIA) fact-finding…
Postal services vital for remittance delivery in Africa, report says
Postal services can play a pivotal role in delivering remittances, lowering the transfer costs and providing access to…
Intra-Africa migration boost economic growth, UN report says
African migration within the continent (intra-Africa migration) could boost growth and positively transform the structure of the continent’s…
Forum discusses Africa disaster risk financing program
Focusing on the Role of the African Risk Capacity (ARC) and the Africa Disaster Risk Financing Program (ADRiFi)…
Addis Ababa conference to explore digital trade, human rights
Digital trade within the context of the African Continental Free Trade Area (AfCFTA) will be at the center…
Development financier advises Africa to diversify energy sources
The African Development Bank, which begins its annual meetings this morning in Busan, Korea advises African countries to…
Institutions collaborate to introduce staple crop processing zones in Africa
With objective of speedup the development of manufacturing industries in Africa the United Nations Industrial Development Organization (UNIDO)…
United States, Korea partner to electrify Africa
The United States and South Korea signed a partnership agreement to expand the Power Africa program the former…
Manufacturing industry share in Africa goes down
Industrial development and value addition in the manufacturing sector in Africa has declined over the last eight years…
How Ethiopia gets Korean development model wrong
By Andualem Sisay Gessesse, Busan, South Korea – During the 53rd annual meetings of the African Development Bank…
Ethiopian Airlines set to link Africa with Indonesia
Ethiopian Airlines announce that it set to launch thrice weekly flights to Jakarta, Indonesia. The new service that…
UN urges Africa to invest in corruption prevention
Africa needs to invest in corruption prevention strategies if the continent is to achieve sustainable development that will…
Report stresses agriculture’s significance in transforming African economy
A new report, entitled, Agriculture, Powering Africa’s Economic Transformation’, by the African Center for Economic Transformation (ACET) –…
Ministers call for bold action to drive Africa free trade
The potential for the African Continental Free Trade Area (AfCFTA) to become a powerful tool for driving industrialization,…
Addis Ababa host first African GS1 healthcare conference
Healthcare regulators from all over the world join international organisations to discuss fighting the spread of fake drugs…
African Development Bank set to engage African media intensively
By Andualem Sisay Gessesse, Abidjan, Cote d’Ivoire – In an attempt to showcase the success of development projects…