The United States through the United States Agency for International Development (USAID) launched a new investment of $60 million (3.1 billion Birr) to lift up millions of vulnerable youth across Ethiopia.
United States Congressman Gregory Meeks has warned that the United States will only be part of the future if it invests in Africa now.
Focusing on the future of the financial sector, the 5th edition of East Africa Finance Summit is set to take place in Addis Ababa, Ethiopia from April 28-29, 2022, the organizers said.
The Africa Investment Forum is set to showcase $57.4 billion bankable projects during the meeting, scheduled to take place from March 15-17, 2022, the African Development Bank said.
(FIGURE REVISED) – The U.S. Development Finance Corporation has so far invested $9 billion in 300 projects in African countries, says a U.S. official.
African leaders and their counterparts from Europe are gathered in Brussels, Belgium for the two days African Union – European Union (AU-EU) Summit opened today focusing on investment.
Professional investors forecast dramatic expansion in the levels of investment in Africa by pension funds and large corporates over the next five years.
Global Television Network of Africa (GTNA), a PanAfrican media house under-formation has secured 5,000 square meters of land from the capital of Ethiopia, Addis Ababa City for the construction of its headquarters.
Owned by retired Olympic gold medalist Athlete Haile Gebrselassie of Ethiopia, Haile Hotels & Resorts has embarked on the 11th hostel construction in Wolkite, Southern region of Ethiopia.
The Government of Russia may be behind the recent coups in African countries, says U.S. Army General Stephen J. Townsend Commander, U.S. Africa Command (AFRICOM).
During a visit to the country by Patrick Pouyanné, TotalEnergies and Rwanda Development Board, a Rwandan public institution responsible for accelerating Rwanda’s economic development, have signed a Memorandum of Understanding (MoU) to…
One of the major energy companies in Russia, Energy solutions, electro technical holding company ERSO), has shown interest to invest in energy sector of Ethiopia.
Ethiopian Airlines Group, which is 100 percent owned by the Government of Ethiopia, has investments in four African airlines and one logistics company.
A group of civil societies involving 26 non-government organizations, has criticized Chinese investments in Zimbabwe urging China to place ordinary citizens at the center of its development in Africa.