Zambia

Jan32019 by newbusinessethiopiaNo Comments

How Zambia loses billions of dollars in illicit outflows

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. (more…)

Nov302018 by newbusinessethiopiaNo Comments

Novartis to introduce affordable chronicle diseases’ treatment to Ethiopia

Health

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. (more…)

Nov212018 by newbusinessethiopiaNo Comments

UN report examines entrepreneurship

Economy

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. (more…)

Nov132018 by newbusinessethiopiaNo Comments

IMF team discusses Zambia’s fiscal, debt sustainability

Economy

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. (more…)

Aug242018 by newbusinessethiopiaNo Comments

Ethiopian Airlines acquires 49% share in Chad Airlines

Hospitality

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

Aug232018 by newbusinessethiopiaNo Comments

Strengthening intra-African trade linkages

Trade

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. (more…)

Aug202018 by newbusinessethiopiaNo Comments

UN official calls for Africa’s intellectual property rights protection

Technology

The Executive Secretary of the UN Economic Commission for Africa, Ms. Vera Songwe calls on Africa leaders for the protection of Africa's intellectual property rights. (more…)

Jul62018 by newbusinessethiopiaNo Comments

Ethiopia, Egypt, Nigeria, Zambia, Côte d’Ivoire discuss Africa Energy Market

Energy

Experts from Ethiopia, Egypt, Nigeria, Zambia and Côte d'Ivoire along with public, private and civil society representatives discuss the technical, commercial, regulatory and financial issues in Africa’s fast-growing Energy market. (more…)

Mar232017 by NBENo Comments

Profit shifting companies steal $1.1 billion annualy from Ethiopia – report

Finance

Ethiopia loses over $1.1 billion every year by profit shifting companies, a new report reveals. The new individual countries level global tax loss estimates released today by the Tax Justice Network, shows that Ethiopia loses $1.1084 billion per year, which is 2.34% of its GDP. (more…)