Eskom Poses a Major Risk for Investors, says Anglo American

South Africa’s beleaguered state power utility and regulatory uncertainty are the biggest risks for investors wanting to put their money in the country, according to...

China just launched the world’s largest 5G network

The country's three state-run telecom operators launched services for the next generation wireless technology on Friday. China Mobile (CHL), China...

Ethiopia, Egypt Reach on Win-Win Agreement

Prime Minister Dr Abiy Ahmed met with Egyptian President Abdel Fattah el-Sisi on the sidelines of the Russia–Africa Summit in the Russian...

Ethiopia to Continue Construction on Grand Renaissance Dam

Ethiopia’s Noble Peace Prize-winning prime minister Dr. Abiy Ahmed said Tuesday that Ethiopia will continue moving ahead with the construction of the...

BRI could Help Africa Achieve Transformation Agenda

NAIROBI- China's Belt and Road Initiative (BRI) could play a major role in helping Africa achieve its economic transformation agenda, a Kenyan official said on...

Kenya Opens Second Phase of Massive Railway Project

By Ruud Elmendorp NAIROBI - Kenya's President Uhuru Kenyatta officially opened on Wednesday the second phase of his flagship infrastructure project:...

Ethiopia Determined to Open up Logistics Sector to Foreign Investors

The Government of Ethiopia has been underpinning the opening up efforts of the logistics sector to foreign investors to allow competitiveness, according...

Egypt’s Proposal Unwarranted Denial of the Progress in Trilateral Technical Dialogue

Egypt’s proposal to invite a third party in the discussion regarding the Grand Ethiopian Renaissance Dam (GERD) is an unwarranted...

Ethiopia Secures Over $ 140 Million USD Export Revenue from Industrial Parks

Ethiopia earned 140.6 million US dollars in export revenue from industrial parks in the concluded Ethiopian fiscal year, ended July 7, 2019, according to...

Road Linking Eritrea, Ethiopia to be Inaugurated

Ethiopian Ministry of Transport disclosed that road that links Eritrea and Ethiopia will be inaugurated next month. According to the Ministry, 90...

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COMESA, EU sign €8.8 million to support private sector competitiveness

The European Union and COMESA signed 8.8 million Euros Contribution Agreement to increase private sector participation in sustainable regional and global value chains through...

UBA wins award as African Bank of 2019

The United Bank for Africa (UBA) has been named the ‘African Bank of the Year 2019’ The award was given...

Banks must prepare to serve the growing number of Billionaires in Africa

The number of millionaires and billionaires in Africa continues to rise. Catering to these high-net-worth individuals is set to become more challenging as a...