Nigeria, United Kingdom to boost trade, investment
Nigeria’s Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, reinforces Nigeria’s commitment to fostering trade and investment partnerships with the United Kingdom (UK).
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 Economic Security Douglas Alexander visited South Africa and Botswana to strengthen trade ties and…
S-RM, Invest Africa to extend strategic partnership
Global corporate intelligence and cyber security consultancy S-RM has announced the continuation of its strategic partnership with Invest Africa, a leading business platform promoting trade and investment in Africa, for a second…
European Union carbon tax costs Africa $25 billion
Africa could lose $25 billion per year as new European Union (EU) carbon tax comes into effect, warns African Development Bank’s Adesina.
Renewable energy investment key to drive Africa’s industrialisation, trade
BY YANET FANTAYE WOGAYEHU – Africa should harness investment and tapping vast green energy resources to drive sustainable industrialization and trade across the continent, the Economic Commission for Africa (ECA), Acting Executive…
Juba set to fast-track infrastructure, trade, integration
The Government of the Republic of South Sudan has pledged to establish a coordinating structure to accelerate infrastructure projects along the Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) Corridor.
Russia opens Africa–Russia economic cooperation office in Ethiopia
The Government of Russia has opened Africa-Russia economic cooperation coordination committee office in Addis Ababa, Ethiopia on Wednesday.
Ethiopia revising policy to open door for foreign banks
Indicating that the Government of Ethiopia is engaged in policy revision to open its doors for foreign banks, Prime Minister Abiy Ahmed told domestic banks to modernize their systems with information technology…
UN agencies agree to advance counter-terrorism in civil aviation
The International Civil Aviation Organization (ICAO) Secretary General Juan Carlos Salazar recently signed a new cooperative agreement with the United Nations Counter-Terrorism Office (UNOCT) to further advance joint counter-terrorism cooperation. The agreement…
Ethiopia to help small scale traders across Moyale border
BY ANDUALEM SISAY GESSESSE – The Government of Ethiopia is set to introduce a protocol that will allow small scale traders to legally trade across the Moyale border with their neighbors in…
Ethiopia introduces paperless customs service
Customs Commission of Ethiopia introduced a fully paperless online service that allows traders to get one window service online.
Ethiopia to provides $460 million to private banks
In an effort to rescue the economy from collapsing due to COVID-19 pandemic, the Government of Ethiopia orders the central bank to disburse 15 billion birr (close to $460 million dollar) to…
Toronto to host investment in Ethiopia business forum
The city of Toronto, Canada is set to host trade, investment in Ethiopia business forum tomorrow (January 17, 2020), the organizers said.
Forum discusses logistics challenges in East Africa
A forum by the Nairobi – based Africa Logistics Properties (ALP), discusses logistics challenges in East Africa mainly supply chain.