New Business Ethiopia

African leaders at a summit today have approved that trading should start on 1 January next year as scheduled on the African Continental Free Trade Area (AfCFTA) agreement and requested African financial institutions to provide technical and financial support for its implementation.

The President of the European Commission, Ursula von der Leyen, today arrived Addis Ababa, Ethiopia to attend the 10th round of African Union (AU)- European Union (EU) Commission-to-Commission meeting.

A cookbook comprising cuisines of different countries from Africa and Europe is launched in Addis Ababa, Ethiopia last week.

Conakry, the capital of Guinea is selected to host the headquarters of Africa Union’s specialized agency on minerals development, Africa Mining Development Center (AMDC).

The Executive Secretary of the Intergovernmental Authority on Development (IGAD), Ambassador Mahboub Maalim, expresses support for the African Union’s (AU’s) call for the cancellation of Somalia’s debt.

The Africa Union Commission (AUC) urges international development partners of the continent to finance its Greet Green Wall program, which aims to restore one billion hectares of African forest by 2063 with a total investment of some $200 billion.

The United States commends the African Union (AU) on the 31st AU Summit, held in Nouakchott, Mauritania that reinforced important efforts to reform the AU. The reform is a process the United States supports and believes will ensure the AU is better positioned to solve regional issues in the coming years, the statement said.

The Chairperson of the Commission of the African Union, Moussa Faki Mahamat and chief of the Intergovernmental Authority on Development (IGAD) strongly condemned “the cowardly attack” that that took place during a rally in Addis Ababa in support of Prime Minister Abiy Ahmed’s reform agenda and efforts.