Business

African Countries Spend 45 bil USD Annually to Import Food Items: AU Commissioner

Africa must feed itself and rely less on food importations, AU Commissioner for Agriculture, Rural Development, Blue Economy and Sustainable Environment said. In a Media briefing today, Commissioner Josepha Sacko said despite its 60 percent of arable land, Africa has  been spending 45 billion USD annually to import food. “we must increase food production while […]

Business

Economic Recovery across Regions Severely Uneven, UNCTAD Secretary General Underscores as Second Committee Addresses Macroeconomic Policy Questions

With COVID‑19 sending shockwaves through trade and supply chains and pushing developing countries further behind, speakers called for urgent reform of the global trade system that ensures an equitable and inclusive recovery for all, as the Second Committee (Economic and Financial) took up macroeconomic policy today. Rebeca Grynspan, Secretary‑General of the United Nations Conference on Trade […]

Business

Bangladesh, Ethiopia Discuss on Investment Opportunities

Bangladesh Ambassador to Ethiopia Nazrul Islam conversed with Ethiopian Investment Commission Commissioner Lelise Neme on ways to boost the investment relations of the two countries. They have also discussed issues around Bangladesh investors in Ethiopia, according to the commission. Exploring potential investment opportunity and promoting the countries investment to the Bangladesh investors jointly were the […]