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AfDB to Finance Ethio – Djibouti Joint Road Project
African
Development Bank (AfDB) and Ethiopia ink a $98 million grant agreement from the
African Development Fund (ADF) to finance the first phase of...
Tech
Ethiopia, Uganda become part of Egmont Group’s Financial Intelligence Network
Financial Intelligence Units
(FIUs) of two COMESA Member States, Ethiopia and Uganda have recently joined to
the Egmont Group, a global financial network that...
Health
South Africa prepares to put its best foot forward at next...
South Africa will aim to put its best foot forward in a bid to convince the BRICS member states that the country...
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Kenyan banks rekindle hopes of making profits in South Sudan
Kenyan top retail banks with operations in South Sudan are optimistic about an economic turnaround after years of mixed performance weighed down...
Ministry Encourages Japanese Investors to Invest in Ethiopia
Minister
of Foreign Affairs of Ethiopia has encouraged Japanese investors to take part
in various investment sectors in the country.
While...
Amazon Launches Africa’s First Virtual B2B Technology Business Accelerator
As more startups
focus on the booming cloud computer business, Amazon Web Services (AWS) has
combined with technology accelerator Sw7 to provide what they...
Africa Reopening for Tourism – Full list of countries
Many African nations are starting to reopen airports, remove curfews, and slowly resume international tourism.
Most countries in...
Sport news
Sunshine Investment Group to unlock digital payments in Ethiopia
unpay solutions S.C gears up for entry to the Ethiopian Digital payment Landscape to offer a payment system with an initial capital...
Ethiopia to Construct Four Industrial Parks
The
government of Ethiopia plans to construct four additional industrial parks in a
bid to enhance investment and accelerate industrialization in the country.
South Africa’s Debt Becoming “unsustainable” – IMF
South Africa’s public debt, which is approaching rating agencies’ red line of 60% of economic output, is reaching uncomfortable levels, an IMF official said...
Crude oil futures up on Libya, Russia factors
June Brent oil futures
were at $112.82, up by 1 per cent; and June crude oil futures on WTI were at
$107.40, up by...
Algeria highlights investment opportunities in agriculture
National US-Arab Chamber of Commerce president David Hamod and Algeria’s Industry Ministry secretary-general Belabrik Salah Eddine met during a special session...
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IMF projects Nigeria’s economy to grow by 2.7% in 2022
The International Monetary Fund (IMF), has projected Nigeria’s economy to grow by 2.7 percent in 2022 and 2.6 per cent growth for...
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Third Africa Trade, Investment Summit Underway in Addis Ababa
The Third Africa Trade and Investment Summit officially kicked off today in Addis Ababa, bringing together a wide array of stakeholders from...
Türkiye Emerges as Ethiopia’s Second-largest Foreign Investor
Türkiye has become Ethiopia’s second-largest foreign investor, contributing nearly 2.5 billion USD spanning from textiles, agribusiness to digital infrastructure, Ethiopian Investment Commissioner...
Ethiopia Ushers in New Financial Era with Historic Securities Exchange Launch
Ethiopia has marked today a pivotal moment in its financial sector with the official listing and commencement of trading of Government Treasury...