Quantum Global’s Hotel Fund acquires Mövenpick Ambassador Hotel Accra
Quantum Global (QG) Africa Hotel LP, a Mauritius based investment fund managed by Quantum Global Investments Africa Management…
Investment
Partners launch first Africa branding, reputation competition
The Holmes Group is partnering with the African Public Relations Association is set to launch its first ever…
Nairobi set to host East Africa’s Islamic economy summit
With the aim of exploring how East Africa can tap into the Islamic Economy, with an estimated global…
New gold mines trigger Burkina Faso’s economic recovery
After two years of weak growth, Burkina Faso’s Economic activity started to recover in 2016 following the entry…
Ethiopia, America discuss democracy, human rights
Ethiopian government and United States officials met in Addis Ababa on Thursday for the 7th Bilateral Democracy, Governance…
African Development Bank finances investment on energy
African Development Bank (AfDB) approves USD 50 million equity investment and USD 50 million convertible loan to seed…
Conference urges to making agriculture centre of Africa’s development
The 11th African Economic Conference (AEC) wound up in Abuja, Nigeria on Wednesday, after three days of intensive…
RENEW, Global Affairs Canada launch investment acceleration project in Ethiopia
RENEW announce the launch of a vital investment and business acceleration project in Ethiopia. The project, formally called…
Kenya leads in geothermal energy production
By the volume of the electricity it generated from geothermal energy source between 2010 and 2015, Kenya becomes…
Ethiopia launches $450 million urban poverty reduction program
With the aim of tackling the growing number of poor in urban areas, Ethiopian government in collaboration with…
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Ethiopia set to boost revenue 52 percent
The Ethiopian Revenue and Customs Authority set to increase government revenue for the fiscal year 2009/10 (July 8,…
Ethiopia GDP per capita hikes to 217 USD, says government
Ethiopian government says country’s GDP per capita has now reached 217 USD from 164 USD five years ago.
Ethiopia continues investing in power
Continuing its investment in power projects, Ethiopia inaugurated today (May 14, 2010) the Beles hydroelectric power generation plant,…
Economists advise Ethiopia to revise energy policy
Researchers at the Ethiopian Economic Association (EEA) advised Ethiopian policy makers to revise the existing national energy policy…
Banking business in Ethiopia booming
Despite the global financial crises, banking business in Ethiopia is booming. Four new banks are currently under-formation while…
Authority revokes 82 business licenses
The Revenue and Customs Authority of Ethiopia over the past months revoked trade licenses of 82 businesses for…