Eastern Africa experts discuss COVID-19 economic impacts in Kigali
Experts assembled in Kigali, Rwanda to reflect on COVID-19 economic impacts and resilience experiences at the sub-continental 25th…
Economy
Rwanda to host land policy in Africa conference
The fourth edition of the Conference on Land Policy in Africa (CLPA) is set to be held in…
Ethiopia economy updates September 2021
The Ministry of Finance of Ethiopia issued a statement indicating that the economy has been in good shape…
Africa makes progress on Global Compact for Migration
Africa has made significant progress to implement the Global Compact for Migration but more action is needed to…
Ethiopia urges diaspora to use formal money transfer
BY ANDUALEM SISAY GESSESSE – The Government of Ethiopia urged its diaspora community to use the formal and…
Ethiopians in Washington D.C. rally supporting Ethiopia
Ethiopians living in Washington D.C. , and surrounding cities in the United States rally on Sunday in support…
AU led negotiaion right platform – Nile Riparian countries
The Deputy Prime Minister and Foreign Minister of Ethiopia, Demeke Mekonnen, met in his office ambassadors and diplomats…
Ethiopia to cut number of embassies by half
Prime Minister Abiy Ahmed of Ethiopia today suggested that his country needs to cut the number of its…
Ethiopian diaspora back national projects
The Ethiopian diaspora has donated more than one billion Birr to the construction of the Grand Ethiopian Renaissance…
Report unveils key factors for successful job creation in Africa
The UN Economic Commission for Africa (ECA) and NKC African Economics (an Oxford Economics company) launched today a…
Recent macroeconomic, financial developments in Ethiopia
Ethiopia Economic Update by African Development Bank- Ethiopia’s economy grew by 6.1% in 2020, down from 8.4% in…
Africa needs lots of resources for pandemic recovery
African countries need lots of resources to recover from COVID-19 pandemic, says the President of African Development Bank…
Ministry Revenue collects 259bln Birr in eleven months
Ministry of Revenue announced that it has managed to collect 259 Billion Birr in the last eleven months…
China to build Zhejiang into demonstration zone for common prosperity
China’s eastern Zhejiang province is expected to make substantial progress in building a demonstration zone for common prosperity…
Commercial Bank of Ethiopia secures $ 2.4 billion from remittances in nine months
The Commercial Bank of Ethiopia (CBE) has reportedly secured close to 2.4 billion USD remittance over the past…
Egypt, Sudan have to contribute finance to Nat’l resources conservation: scholars
Scholars have called on Egypt and Sudan to financially support the natural resources conservation works carried out in…
Liberalizing telecom in Ethiopia positively impacts all economy, PM says
The introduction of competition as a result of the opening up of the telecom sector is expected to…
Africa Local content fund to catalyze research
Poised to take full advantage of emerging opportunities in local content administration, key stakeholders and policy leaders in…
MasterCard foundation to deploy $1.3 billion in partnership with Africa CDC to save lives and livelihoods
The Mastercard Foundation has announced that it will deploy $1.3 billion over the next three years in partnership…
Sumitomo executive vice president praises gov’t for transparent handling of telecom bid
Sumitomo Corporation Executive Vice President, Toshikazu Nambu has reportedly thanked the Government of Ethiopia for transparently handling the…
Global smart factory market to reach $214.2 billion by 2026
A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released…
Global data center accelerators market to reach $46.6 billion by 2026
A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released…
African Development Bank President visits Ethiopia
African Development Bank President Adesina Akinwumi visits Ethiopia and discussed on development related topics with Prime Minister of…
U.S. President requests $58.5 billion for State Department, USAID
The United States President Joe Biden requests $58.5 billion 2022 fiscal year budget for the State Department and…
African Development Bank Board approves water policy
The Board of Directors of the African Development Bank Group has approved a new policy on water, prioritizing…
State enterprises in Ethiopia generate $1.4 billion revenue
The state enterprises of Ethiopia have generated a total of about 59.8 billion Birr (close to $1,4 billion)…
UN meeting to focus on resilient recovery from the COVID-19
The United Nations Conference on Trade and Development (UNCTAD) is set to bring together experts to explore how…
UN agency to accelerate legal identity in Africa
The Economic Commission for Africa (ECA) and its partners have developed a new framework that is aimed at…
Severe downturn undermines African development prospects – UN report
The United Nations today warned that the devastating socio-economic impact of the COVID-19 pandemic will be felt for…
Increasing debt suspension arrangements for low, middle income countries
Several heads of state and government, the United Nations and heads of multilateral development finance institutions on Monday…