New Business Ethiopia

Ethiopia ranks top in eastern Africa having the largest number of illiterate people – over 57% illiterate women aged between 15-45, a report indicates.

BY ANDUALEM SISAY GESSESSE – Asmara, Eritrea – The implementation of the African Continental Free Trade Area (AfCFTA) agreement signed by African leaders on March 21, 2018, can create two million jobs every year and doubles growth of the continent, a UN official said today.

BY ANDUALEM SISAY GESSESSE – Asmara, Eritrea – Experts from across the 14 eastern Africa courtiers have gathered in Asmara, Eritrea to discuss regional economic integration of the courtiers in the region.

A new report by the African Leaders for Nutrition (ALN) ranks Ethiopia at the bottom in Africa in access to improved sanitation facilities.

The Republic of Mauritius became the 30th shareholder of Africa50, the pan-African investment platform.

With the aim of facilitating growth and job creation in Africa, the International Finance Corporation (IFC), a member of the World Bank Group, today announced a $60 million investment in a regional risk-sharing facility.