Angola reveals $60 billion oil, gas investment prospect
Angola is experiencing a resurgence in interest in its oil and gas sector as global players seek to…
energy
US supports for African energy independence
The U.S. Secretary of Energy Chris Wright delivered a decisive message at the Powering Africa Summit in Washington,…
UK looks to deepen energy trade, investment with Africa
Trade relations between the UK and Africa are gaining momentum. Last month, UK Minister for Trade Policy and…
Oranto Petroleum extends oil exploration in Uganda
Oranto Petroleum, a Nigerian independent energy company founded by Prince Arthur Eze has, on 22 December 2023, been…
Report suggests $13.5 trillion investments for carbon-neutral future
Transitioning to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly…
Husk secures $43 million for Africa, Asia energy projects
Husk Power Systems (Husk), the leading minigrid company serving rural communities in Sub-Saharan Africa and South Asia, has…
Mali invites Russian businesses
The Finance and Economy Minister Alousseny Sanou and the head of the investment promotion agency Musa Ismaila Toure…
Indian top investments in Africa and concerns
By Woubishet Sisay – Indian investment in Africa has been steadily increasing over the years, as India seeks…
Ethiopia debt service expenditure up 26 percent
For two consecutive years, debt service continues to be the highest budgetary line item, absorbing 159 billion Birr,…
Impact, concerns and prospects of Chinese investments in Africa
By Andualem Sisay Gessesse – Official reports show that China has been Africa’s largest trading partner for 12…
Angola’s plan to improve oil industry yielding fruit
By NJ Ayuk – Angola has been in the petroleum business for a long time. The country’s crude…
FDI flows from Russia to Ethiopia
By Melaku Kinfegabriel – In recent years, Russian investors have shown an increasing interest in investing in Ethiopia,…
Africa advised to deepen integration to see economic benefits
African countries need to do more to accelerate the African Continental Free Trade Agreement (AfCFTA) and the ratification…
Germany to host invest in African energy summit
The African Energy Chamber (AEC) is set to host the Invest in African Energy Reception at Frankfurter Botschaft…
Affordable energy should underpin Africa’s just transition
Africa’s just energy transition should deliver affordable and clean energy through leveraging partnerships to unlock and increase financing,…
Foundation launches $2 million green energy prize competition
The Milken Institute and the Motsepe Foundation today launched the Milken-Motsepe Prize in Green Energy, a $2 million…
Ethiopia, South Sudan eye to interconnect via energy grid
The officials of the Government of Ethiopia and South Sudan expressed their intent to interconnect the two neighboring…
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…
Investment in agribusiness, energy grows Ugandan economy
Uganda could grow its economy, create jobs, and strengthen its trade position in East Africa by increasing private…
Hult Prize Addis Ababa University kicks off
The 2022 Hult Prize Addis Ababa University On-campus programs that encourages students to solve a pressing social issue…
New report forecasts unmanned aerial vehicle market
A new report evaluates unmanned aerial vehicle (UAV) market and ecosystem including vendors and service providers with an…
Boosting investment for infrastructure, energy in Africa
The Economic Commission for Africa (ECA) is working with African countries to increase investment in infrastructure and agriculture…
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…
Africans discuss energy regulatory environment to attract investment
United Nations Economic Commission for Africa (ECA), RES4Africa & Senegal discuss improving energy regulatory environment to attract investment…
Conducive energy regulatory environment to attract investment in Africa
The energy sector experts from the government of Seychelles, the UN Economic Commission for Africa and the RES4Africa…
African Ministers’ Council on Water assembly opens today
The 12th General Assembly of the Governing Council of the African Ministers’ Council on Water (AMCOW) opens virtually…
Digitalization – Sustainable Development Goals critical accelerator
Kenyan President, Uhuru Kenyatta, on Monday passionately delivered an inspiring keynote address during the Economic Commission for Africa’s…
Ethiopia advises Dutch investors to diversify investments
Ethiopia advises investors from the Netherlands (Dutch investors) to diversify their investments from the horticuture and flower industry…
Ethiopia inflation rate goes up in double digits
The country level 12 months moving average food inflation rate in Ethiopia for the month of April 2020…
Food inflation in Ethiopia increases to 22.2 percent
Food inflation rate in Ethiopia has increased to 22.2 percent for the month of March 2020 from 20.9…