Africa to build on progress towards Agenda 2063
The 8th African Regional Forum for Sustainable Development (ARFSD) opened with a reminder for Africa to acknowledge the progress the continent has made towards targets in 2030 and 2063 and to improve…
UN agency launches AfCFTA Country Business Index Report
The UN Economic Commission for Africa (ECA) unveiled today the African Continental Free Trade Area (AfCFTA) Country Business Index (ACBI) Report.
IFC official to visit Djibouti, support job creation
The International Finance Corporation (IFC’s) Regional Vice President for Africa, Sérgio Pimenta, is set to visit Djibouti from February 28 to March 2 to highlight IFC’s commitment to fast-tracking the country’s inclusive…
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.
Kigali set to host regional forum on sustainable development
The capital of Rwanda, Kigali is set to host the 8th Session of Africa Regional Forum on Sustainable Development (ARFSD-8) next month.
Women can add $12 trillion to global GDP – IMF says
In its new paper released on Friday the International Monetary Fund (IMF) said global GDP could increase by US$12 trillion by 2025 through reducing gender gaps and promoting women’s economic empowerment, such…
Ethiopia, Slovenia agree to strengthen ties
On the sidelines of the 6th European Union – African Union Summit opened today in Brussels, Belgium, Prime Minister Abiy Ahmed of Ethiopia agree with Prime Minister of Slovenia Janez Janša to…
Investment in agribusiness, energy grows Ugandan economy
Uganda could grow its economy, create jobs, and strengthen its trade position in East Africa by increasing private sector investment in its agribusiness, energy, and housing sectors, and by advancing business climate…
European Investment Bank backs African private sector
Private sector investment across Africa, essential to tackle the impacts of COVID-19 and unlock sustainable growth, will be accelerated by new financing totaling EUR 62 million confirmed today by European Investment Bank…
Hult Prize Addis Ababa University kicks off
The 2022 Hult Prize Addis Ababa University On-campus programs that encourages students to solve a pressing social issue around topics such as food security, water access, energy, and education officially kick off…
Africa urged to speedup AU financial institutions’ formation
African countries need to speedup the efforts of the African Union Commission which has been working for the establishment of central bank of Africa, African monetary fund, Pan-African stock exchange, and African…
Ethiopia launches youth challenge to nurture business ideas
With the aim of helping young Ethiopians get finance and coaching for their innovative business ideas, a global initiative, GenU Youth Challenge, launched in Addis Ababa, Ethiopia this morning.
Ethiopian diaspora set to confer with local experts
Addis Ababa is set to host an innovative event on January 12, 2022 at Hilton Addis dedicated to connecting and inspiring diaspora and home based experts from all sectors, stakeholders.
Ethiopia: TPLF damages, loots 7.7 billion Birr properties in Afar
Tigray Peoples Liberation Front (TPLF), which invaded Afar and Amhara regions after the Government of Ethiopia declares unilateral ceasefire in June 2021, has damaged and looted public properties mainly health facilities, schools…