Global foreign direct investment up 3 percent, UN report
Global foreign direct investment (FDI) flows in 2023, at an estimated $1.37 trillion, showed a marginal increase (+3%)…
Europe
African airlines traffic up 124 percent
African airline traffic increased by 124 percent in January 2023 compared with January 2022, says the International Air…
New app to cut money sending cost from Europe to Uganda
The UN’s International Fund for Agricultural Development (IFAD), Inpay, a cross-border payments company, and its subsidiary company Eurogiro,…
PwC announces record global revenues of $50 billion
PricewaterhouseCoopers (PwC) firms around the world achieved gross revenues of US$50.3 billion – up 13.4% in local currency…
PureSoftware expands its presence in Europe
PureSoftware, a leading global software products and digital services company focused on fintech, 5G and digital transformation, announced…
An Africa-G7 energy food and security grand bargain
By Vera Songwe – Europe, the United States, and Africa are all reeling from the prolonged Russia/Ukraine crisis.…
Opportunities for Ethiopian diaspora in tourism sector
BY ANDUALEM SISAY GESSESSE – As of last week, Ethiopia is welcoming its diaspora who accepted the Great…
Ethiopia tourist arrival up 255 % in 2021 3rd quarter
The number of tourists and business travelers arriving Ethiopia during the third quarter of the year 2021 (July…
Ethiopia urges diaspora to use formal money transfer
BY ANDUALEM SISAY GESSESSE – The Government of Ethiopia urged its diaspora community to use the formal and…
Maternity wear market to grow by $2.91 billion
The global maternity wear market by type (tops, bottoms, dress and tunics, and others) and geography (North America,…
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…
Africa-Europe cookbook launched in Addis
A cookbook comprising cuisines of different countries from Africa and Europe is launched in Addis Ababa, Ethiopia last…
Moscow on the Beach
By Tesfu Telahoun Abebe – A ruby-red sun is setting ever slowly over sparkling emerald-blue waters tucked into…
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…
Ethiopian Airlines wins two continental awards
Ethiopian Cargo & Logistics Services, Africa’s largest cargo operator, wins ‘African Cargo Airline of the Year’ and ‘Air…
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…
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…
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…