Blue economy fuels Africa’s economic growth
The UN Economic Commission for Africa (ECA) expressed its full support and commitment to assist Africa utilize its…
Economy
Mauritius urges African ministers to work for inclusive development
By Omer Redi– Mauritius, the most diversified economy in the continent, urges foreign ministers from different African countries…
Bill & Melinda Gates Foundation launches report on global poverty
The Bill & Melinda Gates Foundation today launched its second annual Goalkeepers Data Report, pointing to demographic trends…
Chad to finalize industrialization, economic diversification plan
The Government of Chad says it is finalizing work on the country’s Master Plan for Industrialization and Economic…
Forum charts 3-year Africa, China cooperation plan
The 2018 Beijing Summit of the Forum on China-Africa Cooperation was held on 3 and 4 September 2018…
China extends Ethiopia’s debt settlement period
The Government China has agreed to extend debt settlement period for Ethiopia, Premier of Ethiopia said.
Experts to reflect on Africa’s Blue economy in Mauritius
The UN Economic Commission for Africa (UNECA) office for Southern Africa is set to organize the Intergovernmental Committee…
UN agency helps African countries to plan development priorities
The Economic Commission for Africa (ECA) will continue to support Member States in their quest for sustainable development…
Ethiopia captures $10 million smuggled cash
The Federal Police of Ethiopia has captured $10 million while trying to be smuggled out of the country.
Lusophone Countries of Africa get development partners
The African Development Bank and the Community of Portuguese Language Countries (CPLP) have signed a Declaration to support…
Tanzania gets $40 million support for economic reform
Tanzania’s ongoing macroeconomic reform program has received a boost from the African Development Bank through a US$40- million…
African Union launches Africa’s Development Dynamics report
Africa needs development strategies more coherent and prioritizing improved public action to stand up to the challenges of…
Dialogue on Development in Africa opens in Cairo
The High Level Policy Dialogue on Development in Africa started in Cairo Tuesday with Egypt’s Planning, Follow-up &…
Ethiopia PM calls on Diaspora to set up trust fund
The reformist Prime Minister of Ethiopia, Dr. Abiy Ahmed proposed the establishment of Ethiopian diaspora trust fund calling…
Ethiopia’s prime minister vows to fight economic sabotage
The reformist Prime Minister of Ethiopia, Dr. Abiy Ahmed vow to fight those engaged in economic sabotage following…
Ethiopia approves $12.8 billion national budget
Ethiopian Parliament this afternoon approves around $12.8 billion budget of the country for the coming year starting July…
Economics professor disproves double digit economic growth of Ethiopia
The narratives of double digit economic growth of Ethiopia for over a decade was wrong and obtained as…
Highly indebted Ethiopia appoints new central bank chief to rescue economy
The highly indebted government of Ethiopia announces the appointment of a new governor for the National Bank of…
Postal services vital for remittance delivery in Africa, report says
Postal services can play a pivotal role in delivering remittances, lowering the transfer costs and providing access to…
Intra-Africa migration boost economic growth, UN report says
African migration within the continent (intra-Africa migration) could boost growth and positively transform the structure of the continent’s…
Djibouti economic growth unsustainable, says report
A new country report by a business risk intelligence firm, EXX Africa, which released a country report on…
African Development Bank disbursement increases 15 percent
The African Development Bank (AfDB) disbursements reached $7.81 billion in 2017, a 15 percent increase over 2016 and…
Korea boost bilateral financial assistance for Africa to $5 billion
The Korean government announced increasing its bilateral financial assistance package for Africa to $5 billion until the year…
United States takes over Hong Kong as most competitive economy
The United States returns to the first spot of IMD’s most competitive economies in the world, followed by…
UN advises Ethiopia to pursue deeper regional integration
A country report by the United Nations Economic Commission for Africa (UNECA) on Ethiopian economy advised the country…
Foundation expresses concern on Capacity for Realization of African Free Trade Agreement
The African Capacity Building Foundations (ACBF) concern that lack of ratification and implementation capacity for the African Continental…
Ministers call for bold action to drive Africa free trade
The potential for the African Continental Free Trade Area (AfCFTA) to become a powerful tool for driving industrialization,…
African Union calls on members to follow Kenya, Ghana footsteps
As Kenya and Ghana take the lead, the African Union Chairperson Moussa Faki calls on member states to…
African Development Bank set to engage African media intensively
By Andualem Sisay Gessesse, Abidjan, Cote d’Ivoire – In an attempt to showcase the success of development projects…
New platform to coordinate support for economic migration
Seven Multilateral Development Banks (MDBs) launched a new platform to enhance their collaboration on economic migration and forced…