New Business Ethiopia

With a the aim of helping African countries combat the coronavirus pandemic, Chinese giant online trading company Alibaba Foundation and its founder, Jack Ma foundation have donated medical supplies this morning to Gabon, Ghana, Congo, Democratic Republic of Congo (DRC).

Seven new countries /territories/areas including four African countries (Djibouti, Gambia, Zambia, Mauritius) have reported cases of coronavirus (COVID-19), the World Health Organization (WHO) said today.

By Kalima Nkonde – The untold story of Zambia’s excessive debt and low foreign reserves is the negative impact that illicit financial flows have had and continue to have on the country.

By Andualem Sisay Gessesse – Novartis, a global healthcare company based in Switzerland, is set to introduce a new program to Ethiopia that aims to make affordable treatment of chronicle diseases in low and middle income countries.

From Zambia to Afghanistan, governments in the world’s most disadvantaged countries must prioritize dynamic enterprises and enact policies to help them thrive, create jobs, innovate and transform the economy, according to a new UN report.

A team of the International Monetary Fund (IMF) staff  led by Dhaneshwar Ghura discussed Zambia’s fiscal and debt sustainability. The team visited Lusaka, Zambia last week from November 5–9, 2018 also discussed on recent economic developments and prospects.

Ethiopian Airlines Group, which owns shares in in four African countries’ airlines, has announced its fifth joint venture with the Chad government buying 49%.

By Devika Jyothi – Supporting Indian Trade and Investment for Africa (SITA) took part in the 10th All African Leather Fair (AALF) held in Addis Ababa, Ethiopia. Through its participation, SITA enabled beneficiary East African tanneries to access new markets and strengthen their intra-African trade linkages.