How spiking food price hits citizens in Addis Ababa
By Muluneh Gebre – Citizens with low and fixed income in Addis Ababa, Ethiopia’s capital have complained over…
July 2023
Russian company to boost its ferilizer market share in Africa
PhosAgro Group, one of the Russian based world’s largest producers of phosphate-based fertilizers , plans to double its…
New World Bank president set to visit Ethiopia
The new World Bank president Ajay Banga is set to visit Ethiopia this week starting July 31, 2023.
Transforming Africa’s agriculture
By Haile Henok St. Petersburg, Russia – Africa is a continent with vast potential for agricultural production. However,…
Mali invites Russian businesses
The Finance and Economy Minister Alousseny Sanou and the head of the investment promotion agency Musa Ismaila Toure…
PhosAgro launches digital education platform for African farmers
PhosAgro, one of Russia’s largest phosphate-based fertilizers producers, has launched a digital education platform for African farmers called…
Russian companies implement carbon offset projects
As the Russia-Africa summit unfolds in St. Petersburg this week, discussions are actively addressing critical global issues, such…
Unveiling the Legacy: African Football Legends in La Liga
By Adam Nelson – The premier football league in Spain, famously referred to as La Liga, has consistently…
Putin justifies why Russia abandoned grain deal
By Andualem Sisay Gessesse – St. Petersburg, Russia – Addressing African leaders and participants of the second Russia…
Russia launches multisectoral cooperation with Africa
By Andualem Sisay Gessesse, St. Petersburg, Russia – In an effort to enhance and strengthen the existing ties,…
Vantage Capital invests €30 million in Promamec
Vantage Capital, Africa’s largest mezzanine fund manager, announced today that it closed a €30 million equity investment for…
TDK Ventures invests in digital intelligence platform
TDK Corporation announced today that its subsidiary, TDK Ventures Inc., has invested in the Industry 5.0 – focused…
American Chamber joins Libyan energy and economic summit organizers
The American Chamber of Commerce in Libya (AmCham Libya) has partnered with Energy Capital & Power (ECP) for…
Australia may become world’s first nation to end HIV
By Woubishet Sisay Gessesse – Inner Sydney has reduced new HIV acquisitions by 88%, meaning it may be…
Failure to transform food system costs $12 trillion globally
Failure to transform food system cost the world and estimate of $12 trillion a year in environmental, social,…
World Bank to finance Addis Ababa – Djibouti corridor project
The Addis Ababa – Djibouti corridor, a vital trade route and a lifeline for Ethiopia’s 120 million people,…
Indian top investments in Africa and concerns
By Woubishet Sisay – Indian investment in Africa has been steadily increasing over the years, as India seeks…
Alliance to promote decent work across food systems
The new alliance between ILO, IFAD and CARE will promote decent work and productive employment, with the aim…
Ethiopia approves regulations for domestic vaccine production
The Council of Ministers of Ethiopia today approved two regulations to create the capacity of domestic vaccine production.
Coding school in Ethiopia empowers youth for success
Nearly 70 Ethiopian teenagers aged 10-17 have successfully completed the Coding School in Addis Ababa, delivered by ThinkYoung…
Exness expands its Fintech scholarships program to Kenya
The multi-asset broker Exness is pleased to announce it is extending its popular Fintech Scholarships program to Kenya…
Ethiopia debt service expenditure up 26 percent
For two consecutive years, debt service continues to be the highest budgetary line item, absorbing 159 billion Birr,…
St. Petersburg set to host festival during Russia, Africa summit
The St. Petersburg Seasons Festival of Culture is set to take place from 25 to 29 July in…
Huawei Ethiopia to provide employment, internship opportunities
Huawei participated in the job fair hosted by Addis Ababa Science and Technology University (AASTU), in order to…
Deadly diseases upsurge in Africa
Several infectious diseases in Africa, including malaria, cholera, and measles, have all witnessed upsurges recently due to complex…
Emirates introduces onboard meal preordering service
Emirates takes the first steps in an innovative initiative of meal preordering, whereby customers will be able to…
Islamic Trade Finance Corporation inks $1.2 billion deal
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB), has signed…
Impact, concerns and prospects of Chinese investments in Africa
By Andualem Sisay Gessesse – Official reports show that China has been Africa’s largest trading partner for 12…
Renewable energy investment key to drive Africa’s industrialisation, trade
BY YANET FANTAYE WOGAYEHU – Africa should harness investment and tapping vast green energy resources to drive sustainable…
Angola’s plan to improve oil industry yielding fruit
By NJ Ayuk – Angola has been in the petroleum business for a long time. The country’s crude…