International Finance Corporation (IFC), a member of the World Bank Group, today announced a €20 million investment in Soufflet Malt…
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Africans exploitation continues by design
Poverty in Africa and exploitation of Africans labor and natural resources has continued to this day not by accident but…
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Ethiopia’s privatization urgency sparks debate
Intellectuals and business leaders gathered in Addis Ababa this morning debate about the benefits of Ethiopia’s “urgency” to privatize the…
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World Bank allocates $350 million for pastoralists in Ethiopia
The World Bank provides $350 million loan and grant to the government of Ethiopia’s effort to improve the livelihoods of…
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World Bank to provide $550 million to Ethiopia
The World Bank Group has approved $550 million grant and loan to Ethiopia. The funding approved last week aims to…
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Addis to host digital disruption in agriculture forum
Addis Ababa is set to host Digital Disruption in Agriculture Forum that aims to identify digital tool and service providers…
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World Bank President visits Ethiopia
The President of the World Bank Group (WBG), David Malpass, who met Ethiopian government officials in Addis Ababa, expressed his…
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World Bank gets new president
The Executive Directors of the World Bank on Friday unanimously selected David R. Malpass as President of the World Bank…
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Report forecasts record high telecom investment in Africa
Following Ethiopian Government decision to liberalize its telecom market by partly privatizing the state owned telecom service provider – Ethio…
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Business license deactivation growing in Ethiopia
The number of businesses who deactivate their business licenses has been increasing over the past few years reaching 737,930.
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Half of worlds poor live in 5 countries including Ethiopia
A new World Bank report reveals that out of the world’s 736 million extreme poor in 2015, 368 million—half of…
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African Development Bank launches report on Zimbabwe’s economy
The African Development Bank (AfDB) has launched a flagship economic report on Zimbabwe, titled: “Building a new Zimbabwe: Targeted policies…
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World Bank approves $1.2 billion to Ethiopia
The World Bank’s Board of Executive Directors on Tuesday approved $1.2 billion ($600 million grant and $600 million credit) to…
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Growth in Sub-Saharan Africa slower, says WB
Sub-Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according to the…
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