Business

Ethiopia Secures 30 Million Euros Grant from Germany for Agricultural and Private Sector Initiatives.

Addis Ababa: Ethiopia and Germany have signed a 30-million grant agreement to support significant initiatives including the Fund for Increasing Productivity through Innovation in Agriculture II and the Promotion of Ethiopian Private Sector II (SME Cre...

Eleventh Forum on Statistical Development in Africa Commences in Addis Ababa

ADDIS ABABA: The eleventh Forum on Statistical Development in Africa (FASDev) has commenced in Addis Ababa, focusing on enhancing the mobilization of technical and financial resources to support innovation in statistical development across the contine...

Ethiopia Sees Surge in Foreign Investment as Government Opens Trading Sector

ADDIS ABABA: Ethiopia has attracted a significant number of new foreign investors in the first quarter of the 2017 fiscal year, reflecting the country's efforts to open its economy and transform its industrial landscape. The Ethiopian Investment Commi...

Ethiopia Plans Comprehensive Studies on Transboundary Groundwater Resources

ADDIS ABABA: Ethiopia is embarking on an initiative to ensure sustainable water management, as the Ministry of Water and Energy has announced plans to conduct extensive studies on the equitable use of transboundary groundwater resources. This move is ...

Ethiopia’s Finance Minister Engages with International Finance Entities to Boost Private Sector Investment

WASHINGTON: Ethiopia's Finance Minister, Ahmed Shide, conducted discussions with representatives from the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) during the 2024 World Bank and International Mone...

High-Level Ethiopian Delegation Engages in G7-Africa Ministerial Roundtable on Economic Challenges

Washington: A high-level Ethiopian delegation, led by Finance Minister Ahmed Shide, participated in the G7-Africa Ministerial Roundtable meeting, held alongside the Annual Meetings of the World Bank Group and International Monetary Fund. The roundtabl...

PM Abiy Urges Malaysian Businesses to Explore Investment Opportunities in Ethiopia’s Growing Economy

KUALA LUMPUR: Prime Minister Abiy Ahmed of Ethiopia is urging Malaysian businesses to capitalize on the substantial investment opportunities in Ethiopia's rapidly expanding economy, following discussions to enhance bilateral collaboration in key secto...

Ethiopian Finance Minister Engages with AIIB and AFD Leadership for Enhanced Infrastructure Funding

MARRAKECH: Ethiopia's Finance Minister, Ahmed Shide, has engaged in discussions with key international financial leaders as part of ongoing efforts to secure critical infrastructure funding for his country. During the IMF and World Bank annual meeting...

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Maua Residents Cautioned Against Illegal Water Connections

Maua: Residents of Maua in Igembe South Sub-County have been urged to desist from illegal water connections as authorities step up enforcement measures. Maua Town Municipal Manager Timothy Mwenda issued the stern warning stating that anyone caught eng...
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Yetu Sacco Hits Record Billion Revenue

Meru: For the first time in its 33-year history, Yetu DT Sacco, Meru County has hit the Sh1 billion profit mark with a historic membership registration drive. According to Kenya News Agency, the Sacco has recently recorded a surge in membership, su...

Teso King to Tour Kenya, Engage with Iteso Community

Nairobi: Iteso Cultural Union (ICU) leader Papa Paul Sande Emolot is set to visit the Iteso community in Teso, Kenya, as well as those residing in other sub-counties, in March this year. The announcement was made during the burial of Moses Oduya in Ka...

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New AU Chairperson Advocates for Educational Revolution in Africa

ADDIS ABABA, ETHIOPIA - The newly appointed Chairperson of the African Union (AU), Mohamed Ould Ghazouani, has called for a significant transformation in Africa's educational sector to realize the continent's developmental goals and strategies. Acco...

UN mission in Mali to investigate reports of mass civilian casualties, reportedly in the hundreds: UN

UNITED NATIONS— The UN mission in Mali is investigating reports of civilians killed during clashes last week between government troops and militants, a UN spokesman said.Published reports vary in the number of civilian deaths, but they do agree the num...

Meet the WAMECA 2021 grand jury

The MFWA is delighted to announce the jury for the 2021 edition of the West Africa Media Excellence Awards.The jury, made up of distinguished and experienced media experts in Africa, will assess and shortlist deserving entries and also determine the ul...