Ethiopia to award foreign companies that buy 40 percent stakes of Ethio telecom by...

Ethiopian Ministry of Finance revealed today that it will issue invitation for bid to international telecom companies to award two bidders that...

Siemens wins Nigeria LNG order

Nigeria LNG (NLNG) has selected Siemens Energy to provide a cryogenic boil-off gas (BOG) compression train for its Bonny Island liquefaction plant...

Dangote Cement’s dividend payment tops N1tn in seven years

Cement-manufacturing giant, Dangote Cement Plc, Wednesday said its dividend payment to shareholders, has exceeded N1 trillion in seven years.

Local poultry production shows moderate growth in South Africa

The production of South African poultry increased by 5% during the first 8 months of the year, when compared to the same...

Kenyan traders eye Chinese business partners for post-COVID-19 rebound

Kenyan traders are seeking business partners from China's Zhejiang Province for a post-COVID-19 rebound, co-organizer of the Zhejiang export online fair said...

Africa remains a prime investment destination

DESPITE the disruptive economic impact of the Covid-19 pandemic, Africa is still a prime investment destination. Regional economic experts...

Australian company to invest in Ethiopia’s power sector

Fortescue Metals Group Ltd, an Australian company, has shown its interest in investing in Ethiopia’s power sector. Representatives of...

Zimbabwe: Exploration works reveal $1 Billion gold reserves – Eureka

Extensive exploration works at Eureka Gold Mine in Guruve District, Mashonaland Central Province have confirmed resource worth over US$1 billion.

Angola seeks agro-industrial cooperation with UAE

Angola is willing to cooperate with the United Arab Emirates in the development of agro-industrial projects. Minister of...

Botswana Diamonds upbeat on latest drilling at Marsfontein

Botswana Diamonds released the preliminary results of the next phase of its drilling campaign on the Marsfontein project on Tuesday, where it was...

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Europe becomes major destination for Ethiopian commodities

European countries have become the major importers of Ethiopian commodities during the Ethiopian budget year concluded July 7, 2020, according to a new analysis...

Ethiopia to issue two Telecom licenses by March

The Ethiopian Communication Authority (ECA) has disclosed that it will award licenses for two telecom operators until March, 2021.

Meskel Festival colorfully celebrated across Ethiopia

Ethiopians are celebrating the Meskel Festival, Finding of the True Cross in various religious and cultural events across the nation.