Ethiopia coffee export to increase by 560 metric tones
From October 2022 to September 2023 Ethiopia’s coffee exports are anticipated to increase to a 4.72 million bags, a record (280,560 metric tones – MT) from 282,000 MT the previous year, says…
African Women Impact Fund to drive inclusive investment
The Economic Commission for Africa (ECA) and Standard Bank Group with other partners announced the African Women Impact Fund (AWIF) Initiative’s achievement of its first commitment of USD$60 million.
Pan-African Crypto Exchange, Yellow Card secures $40 million
The round, led by Polychain Capital, brings Yellow Card to $57 million total raised, more than any crypto company on the African continent.
Ultimaker, MakerBot announce closing of merger
MakerBot and Ultimaker, two leaders in desktop 3D printing, today announced the completion of their merger.
Sandvik completes PCD tools manufacturer acquisition
Sandvik has completed the previously announced acquisition of the Portugal-based company Frezite.
Ethiopia, Algeria officials discuss investment in pharmaceuticals
Nebiat Getachew Assegid, Ambassador Ethiopia to the People’s Democratic Republic of Algeria, discussed with Dr. Abderrahmane Djamal Lofti Benbahmed, Algerian Minister of Pharmaceutical Industry on investment opportunities between the two countries in…
Ethiopia deputy PM meets Switzerland Ambassador
The Deputy Prime Minister and Foreign Minister Demeke Mekonnnen met on Thursday, the Ambassador of Switzerland in Ethiopia, Ambassador Tamara Mona.
IGAD urges Ethiopia, Sudan to stop war
The Intergovernmental Authority on Development (IGAD) urges Ethiopia and Sudan to refrain from further actions that will lead the two neighboring countries to full scale war.
Kazana Group of Ethiopia chairman joins 100 Changemakers List
Kazana Group of Ethiopia chairman, Mr. Addis Alemayehou is named in the Rest of the World (RoW)’s 100 Global Tech’s Changemakers list 2022 in recognition to his contribution for the growth of…
Venture Capital education attracts hundreds of Africans
Dream Venture Capital (Dream VC) latest training on venture capital for Africans has attracted hundreds of applicants from more than 20 countries, the company says.
Africa’s communication industry set for exciting future
BHM Research & Intelligence has announced that starting this year, its annual report on the public relations and communications sector in Nigeria, Africa’s largest economy, is set to cover the whole continent.
Ethiopia expresses concern on US Bill HR6600, S.3199
The Deputy Prime Minister and Foreign Affairs Minister Demeke Mekonnen expressed his concern to a US official about the bill HR6600 and S.3199 the United Sates is planning to pass against the…
Ethiopia postpones privatization of Ethio Telecom
The Ministry of Finance of Ethiopia said it has decided to postpone it plan of partial privatization of the state-owned Ethio Telecom.
Africa Investment Forum virtual boardrooms attract $32.8 billion
The Africa Investment Forum boardrooms have drawn $32.8 billion in investment interest in bankable projects.