Agribusiness Could Be the Next Gate to Youth Employment in Africa
More than ever, African youth have to overcome a long and hard journey to enter the labor market. Out of 11 million young people entering the job market in Africa every year, only 3 million end up in...
View ArticleEthiopia Anticipates 11% Economic Growth
Ethiopia’s government has forecast an overall 11 percent economic growth this Ethiopian fiscal year. The forecast by Ethiopian National Plan Commission is based on the performance of the first quarter...
View ArticleWeather Forecasts help Ethiopian Herders Farmers Fight Climate Extremes
Armed with a spear and undeterred by the intense sunlight, Tarekegn Kareto meticulously plucks weeds in his maize field in Argoba village, in southern Ethiopia. “With both dry weather and unusually...
View ArticleSiemens Joins Forces with Future Energy East Africa
“The smart money is on East Africa,” says Lukas Duusema, CEO, Siemens Eastern Africa, in the run-up to the upcoming Future Energy East Africa conference and exhibition which is taking place in Nairobi,...
View ArticleSika Inaugurates $10m Built Chemical Manufacturing Plant in Ethiopia
Sika AG, a specialty chemical company headquartered in Switzerland inaugurated its construction chemical manufacturing plant built in Ethiopia at a cost of 10 million US dollars. The plant, dubbed Sika...
View ArticleWaste to Energy Facility to be Operational
Ethiopia is a country with untapped potential of energy resources. Presently, realizing its immense contribution for the overall economic development, the nation has now striving to generate electric...
View ArticleEthiopia Telecoms Monopoly now Africa’s Largest Mobile Operator
Ethiopia’s state owned telecommunications company, Ethio Telecom is now the continent’s largest mobile operator. This is according to IT Web’s report that with over 57 million mobile subscribers as at...
View ArticleEthiopia & Kenya working together to have role in East Africa economic...
Ethiopia and Kenya are working together to have the biggest role in the planned East Africa economic integration, said Dina Mufti, Ambassador Extraordinary and Plenipotentiary of Ethiopia to Kenya. In...
View ArticleSeven African countries to watch
The Economist Intelligence Unit (EIU) in April hosted a webinar – titled ‘Sub-Saharan Africa: At a turning point?’ – That analyzed the region’s opportunities and challenges. Sub-Saharan Africa’s...
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UNCTAD has launched on Nov 22, 2017 “The Least Developed Countries Report 2017” that it says will serve as valuable input to the deliberations of the High-level Political Forum which will review...
View ArticleChinese Hub City to Support Ethiopia’s ICT Sector
Chinese city Shenzhen has opened Shenzhen Outbound Alliance (SOA) branch office in Ethiopia’s capital Addis Ababa, reports Xinhua. SOA is a non-governmental organization formed to help Shenzhen...
View ArticleTwo Billion birr Allocated to Ease Cotton, Yarn Shortage
Ethiopian Industrial Input Development Enterprise (EIIDE) says it has allocated over two billion birr, to provide more support for the textile and garment sector to alleviate input shortages of yarn...
View ArticleNOC Invests 119 million birr to expand its Aviation Depot
The National Oil Company of Ethiopia (NOC) invested 119 million birr to expand its aviation fuel depot at the Addis Ababa Bole International Airport. NOC has bought two modern aircraft refueler at a...
View ArticleEthiopia, Mauritius and Spain Honored for promoting Investment in Sustainable...
Agencies from Ethiopia, Mauritius and Spain, received the 2017 United Nations Awards for Promoting Investment in the Sustainable Development Goals (SDGs) at UNCTAD’s Investment, Enterprise and...
View ArticleAfrica Told to Benefit from Internet Economy
Many African countries have made significant progress towards creating an Internet sector, with broad reforms that focus on increasing broadband availability. There have been further successes within...
View ArticleLDCs Fall Behind in Getting Power to their People
The world’s 47 least developed countries (LDCs) are falling far behind the rest of the developing world in terms of getting power to homes and businesses, according to the Least Developed Countries...
View ArticleFactors influencing Africa’s economic growth
East Africa continued to lead the pack with an estimated growth of 5, 3% in 2016, down from 6, 5% in 2015. North Africa recorded the second-best growth performance in 2016 at 3%, buoyed by recovery in...
View ArticleTalks Underway to Establish Gold Refinery Company in Ethiopia
Talks are underway with China Gold Group, a state-owned enterprise in China’s gold industry, to establish a gold refinery plant in Ethiopia. The government of Ethiopia has been taking various measures...
View ArticleKenya signs deal to construct highway to link 3 nations
Kenya signed a deal to construct a highway to link the country to Ethiopia and South Sudan. James Macharia, Cabinet Secretary in the Ministry of Transport, told a media briefing in Nairobi that the...
View ArticleTruck Assembly Line Inaugurated
Truck assembly plant built by N.A Metal Industry and Engineering is a PLC, in Ethiopia’s capital, Addis Ababa, was inaugurated. The assembly plant was constructed at an outlay of 250 million Birr and...
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