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Category: Business

AfDB Stresses Need for Augmenting Investment on Africa’s Cities Infrastructure Dev’t

September 12, 2024Webdesk

Addis Ababa: Inadequate as well as low investment on infrastructural development has remained a bottleneck in Africa despite growth and expansion of urbanization, according to African Development Bank (AfDB).

The bank has also urged African nations t…

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South Sudan’s Minister of Land, Urban Development Praises Infrastructures Dev’t of Addis Ababa

September 12, 2024Webdesk

Addis Ababa: South Sudan’s Minister of Land, Housing and Urban Development Michael Chanjiek lauded the infrastructures development recently carried out in Addis Ababa.

The South Sudanese minister participated in the inaugural Africa Urban Forum held …

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AfDB Expresses Commitment to Leverage New Financing Opportunities to Ongoing Projects in Ethiopia

September 11, 2024Webdesk

Addis Ababa: Minister of Finance Ahmed Shide met the newly appointed African Development Bank (AfDB) Country Manager for Ethiopia and Deputy Director General for the East Africa, Leandre Bassole.

In his welcoming remarks, Minister Ahmed Shide undersc…

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Canada Commits Nearly 10.3 Mil USD to Support Implementation of Ethiopia’s NDRP

September 11, 2024Webdesk

Addis Ababa: The Government of Canada confirmed that it is committing nearly 10.3 million USD to support the implementation of Ethiopia’s National Demobilization and Reintegration Program (NDRP).

The NDRP is being implemented in collaboration with Et…

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Ethiopian Airlines Expands African Reach with New Port Sudan Service

September 11, 2024Webdesk

Addis Ababa: Ethiopian Airlines announced the launch of a daily flight service to Port Sudan, Sudan, commencing on October 1, 2024.

This strategic expansion further strengthens Ethiopian’s commitment to enhancing connectivity across the African conti…

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Ethio-Djibout Railway CEO Confers with Djiboutian Trade, Natural Resource Minister

September 9, 2024Webdesk

Addis Ababa: The Chief Executive Officer of Ethio-Djibout Railway Company, Takele Umma held talks with Trade and Natural Resources Minister of Djibouti, Yonis Ali Guedi today.

The two sides discussed on issues that would strengthen the economic coope…

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