Culture & Tourism

Africa-Europe cookbook launched in Addis

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

NBE Blog

Moscow on the Beach

By Tesfu Telahoun Abebe – A ruby-red sun is setting ever slowly over sparkling emerald-blue waters tucked into the southern limits of the Red Sea. Its the Gulf of Tadjoura, some 146km northwest of present day Port of Djibouti.


Which hotel brand to join if you have $200 thousand?

How to get investment yields promptly without hotel business experience?– In popular travel cities, the influx of holiday travelers always brings many business opportunities to local hotels.


Ethiopian Airlines wins two continental awards

Ethiopian Cargo & Logistics Services, Africa’s largest cargo operator, wins ‘African Cargo Airline of the Year’ and ‘Air Cargo Brand of the Year in Africa’ awards.


Malteries Soufflet enters Ethiopian brewery market

Malteries Soufflet, a major operator in the world malt market with twenty-seven plants in Europe, Asia and South America, is set to build a malting plant in Ethiopia.


European Investment Bank to introduce new debt product

The European Investment Bank (EIB) announces on the margins of the IMF / World Bank Group Spring Meetings plans for a new debt product: a Sustainability Awareness Bond, highlighting the Bank’s key role in sustainable finance both in and outside of Europe.


Europe provides 165 million Euros to horn of Africa

European Union’s Commissioner for International Cooperation and Development Neven Mimica, announced a support package of €165 million to address the multiple crises in the Horn of Africa region.