New Business Ethiopia

Prime Minister Abiy Ahmed of Ethiopia today said his administration is working to address food and housing shortage in the country.

ANDUALEM SISAY GESSESSE – Djibouti has registered remarkable economic growth over the past decade, mainly after its ports began handling Ethiopia’s import and export trade.

The Dire Dawa City Administration located in the eastern part of Ethiopia, fires 76 officials who failed to exercise good governance and address the issue the public has been complaining about.

The Overseas Private Investment Corporation (OPIC) of the United States government  on Thursday approved $895 million in financing and political risk insurance across seven projects that will advance development in Africa, Asia and Latin America.

The World Bank Group today launched the Development Finance Forum in Kigali, Rwanda, for global public and private sector leaders to explore and demonstrate strategies to boost private sector investment in East Africa’s priority sectors, notably, housing, agriculture and tourism.

Overseas Private Investment Corporation (OPIC), the African Development Bank (AfDB) and ALCB Fund Board Members have signed a loan agreement to support high impact sectors in Africa focusing on housing, agriculture and SMEs.