Parliament has voted to establish the Ethiopian Disaster Risk Response Fund, in a landmark move designed to reduce the country’s growing reliance on foreign aid in the face of recurring …
Development
- DevelopmentFinance & ServicesGOVERNMENTPolicies
- AgricultureAviationDevelopmentEconomyInfrastructureTransportation & Logisitics
Ethiopian Airlines Dominates Africa’s Air Cargo Market With 35% Share
Ethiopian Airlines has emerged as the biggest cargo carrier on the African continent, now controlling a whopping 35 percent of the cargo market, according to a new report from the …
- Banking, Finance & InvestmentDevelopmentEconomyInfrastructureINVESTMENTTrade and Commerce
Afreximbank Facilitates $32 Billion in Ethiopian Trade Payments in 2024
The African Export-Import Bank (Afreximbank) has announced it facilitated a record USD 32 billion in international trade payments for Ethiopian businesses in 2024, through its AfPAY Trade Payment Services platform. …
- DevelopmentEconomyFinance & ServicesInternational RelationsLeadershipWestern Africa
AfDB Governors to Choose Adesina’s Successor as Presidency Winds Down
The 60th Annual Meetings of the Board of Governors of the African Development Bank (AfDB) have wrapped up in Abidjan, Côte d’Ivoire, with one of the top items on the …
- Business and EconomyDevelopmentInfrastructureInnovationTelecommunications
Econet Bounces Back Strong With ZWG2.3bn Profit, Powered by Innovation and AI.
Econet Wireless Zimbabwe, the country’s top telecoms and digital services company, has recorded a strong comeback after years of pressure, posting a ZWG2.3 billion profit for the financial year ending …
- BusinessDevelopmentFinance & ServicesInnovationInsuranceLeadershipTechnology
NicozDiamond Celebrates 60 Years of Insurance Excellence, Resilience, and Innovation.
NicozDiamond Insurance Limited, one of Zimbabwe’s oldest and most respected insurance companies, has marked its 60th anniversary with a grand event at Siyekhaya Estate in Borrowdale, Harare. The celebration, themed …
- DevelopmentEnergyINVESTMENTNigeriaTrade and Commerce
Nigeria-Vietnam Chamber Partners Vietnamese Firm to Promote Renewable Energy Solutions
The Nigeria-Vietnam Chamber of Commerce and Industry (NVCCI) has announced a strategic collaboration with a Vietnamese Joint Stock Company focused on delivering sustainable renewable energy technologies, in a move aimed …
- AfricaDevelopmentEnergyInternational RelationsLeadershipNigeria
NGA President Akachukwu Nwokedi Appointed as Africa Regional Coordinator
The President of the Nigerian Gas Association (NGA), Mr. Akachukwu Nwokedi, has been appointed as the Regional Coordinator for Africa by the International Gas Union (IGU), marking a significant milestone …
Sahara Group, a leading international energy and infrastructure company, has introduced a new digital platform known as “I’m Green Without Envy” (IGWE) to promote sustainability and eco-friendly living among its …
- AfricaDevelopmentEconomyGOVERNMENTINVESTMENTNorth AfricaPolicies
Algeria Moves to Boost Exports to Libya, Targets $3 Billion in Annual Trade.
The Algerian government has taken fresh steps to strengthen its economic presence in Libya, holding a high-level meeting with local banks and export companies to tackle the challenges facing exporters …