African Development Bank advices governments to solve energy problem
The President of the African Development Bank, Akinwumi Adesina and the former UN Secretary-General, Kofi Annan, called on…
Investment
Oranto to explore oil in South Sudan
Oranto Petroleum says it is going to invest $500 million to develop South Sudan’s Block B3. The company…
Key facts about tourism in Ethiopia
Ethiopia generates substantial income from its tourism sector. The country received over 900,000 visitors in 2015. In the…
Asoko Insight opens Ethiopia research office
Africa’s largest corporate data provider, Asoko Insight, has formally established operations in Ethiopia with the opening of its…
Geneva set to host 5th Africa CEO Forum
The 5th edition of the AFRICA CEO FORUM will take place from 20 – 21 March in Geneva…
Quantum Global named Best Investment Company Angola 2016
African focused investment firm Quantum Global Group were announced as the winners of the Global Banking and Finance…
Africa, Germany eye strengthening investment
Germany is set to host the first ever privately held event exclusively dedicated to strengthening trade and investment…
Hilton Addis Ababa celebrates 2016 elevate 1 graduates
Hilton Addis Ababa has celebrated the graduates of its 2016 Elevate 1, program. The 12 participants of the…
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…
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…
nBE Videos
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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…