CHINA TO INVEST IN BEAUTIFYING SHEGER PROJECT

CHINA TO INVEST IN BEAUTIFYING SHEGER PROJECT

China Railway Construction Company will Partner with Ethiopia in upcoming projects During the Belt and Road forum in Beijing, Ethiopia’s prime minister and leadership of China Railway Construction Corporation (CRCC) held a crucial meeting. CRCC is a huge construction partner in the country. Previously, they were involved in the construction of the Ethiopia-Djibouti railway project, which has given the land-lock nation access to the ocean. The meeting was a perfect opportunity for both parties to…

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AFRICANS ON TIME’S MOST INFLUENTIAL LIST

AFRICANS ON TIME'S MOST INFLUENTIAL LIST

Time Magazine releases 100 most influential list for 2019 These Africans on Time’s most influential list 2019 are influencing the continent and the globe. Fred Swaniker is a Ghanian entrepreneur and leadership development expert whose is motivating young people in Africa to be great leaders through his various leadership initiatives. Abiy Ahmed, Ethiopia’s revolutionary prime minister who is driving so many positive reforms in the country. Importantly, He has ensure the active participation of women…

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AFRICA’S FINANCE MINISTERS MEET IN WASHINGTON DC

SPRING MEETINGS 2019

G-24 Finance Ministers and Central Bank Governors’ are currently Meeting in Washington DC. These leaders will be attending the World Bank/International Monetary Fund Spring Meetings. Most importantly, they will be deliberating on how to ensure economic growth benefits the many and not the few. Most African countries suffer from poor economic policies that fosters inequality, leading to inefficiency and stunted growth. These and many other challenges are the reason for the meetings, hence, we encourage…

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WHY IS KWIBUKA25 TRENDING IN RWANDA?

President Paul Kagame invite President of Congo, Niger and Ethiopia to witness KWIBUKA25. Kwibuka means “to remember” and describes the 25th Commemoration of the Genocide Against the Tutsi. This annual event reminds the nation of the dark past, while inviting them to unite for a more prosperous and peaceful future. The Rwandan genocide was a very difficult time in history, dating back to 1994. Despite the effect of civil war, the people of Rwanda are…

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AFRICAN COUNTRIES BANNING BOEING 737 MAX

Nigeria joins growing list of African countries that have ban the use of Boeing 737 Max 8 and 9. The aviation minister confirmed this news during a press briefing after the weekly Federal Executive Meeting held today at the state capital. So far, these are the list of countries that have ban the operation of the controversial Boeing 737 Max 8 and 9 in their airspace. Egypt Ethiopia Kenya Nambia Nigeria Morocco South Africa

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FRENCH PRESIDENT KICK-OFF AFRICA TOUR WITH DJIBOUTI VISIT

President Macron

President Macron tours three Africa nations in four days. President Macron has kick-off his 4-days tour in Africa. He arrived Djibouti last night and meet with President Ismail Omar Guelleh. While in the country, Macron will also visit France’s largest military contingent based in Africa with its 1,450 troops. Macron will be the second French president to travel to Djibouti in 20 years, after Nicolas Sarkozy in 2010. On his next stop, is Ethiopia. The president who arrive…

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KENYA CONSIDERING FULL OWNERSHIP OF KENYA AIRWAYS

KENYA CONSIDERING FULL OWNERSHIP OF KENYA AIRWAYS URL preview:

Kenya government considering full ownership of Kenya airways to effectively ward off competition from other state-owned airlines in Africa. According to the Transport Principal Secretary Esther Koimett; the Kenyan government is considering taking back full ownership of Kenya Airways which is its national carrier. The full ownership of Kenya Airways is to enable the government effectively forestall competition from other renowned national carrier airlines in the continent. Kenya government owns 48.9 percent stake in Kenya Airways; while Air…

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AfCFTA – WORLD’S BIGGEST SINGLE MARKET IN AFRICA

Ethiopia becomes 18th country to ratify the African Continental Free Trade Area (AfCFTA). This comes ahead of the 32 Ordinary Session of the Assembly of the African Union. Which will hold on the 10 – 11 of February 2019 in Addis Ababa, Ethiopia.   African Continental Free Trade Area (AfCFTA) is an initiative launched on March 21, 2018 by the assembly of the African Union. This launching was at the extraordinary Summit in Kigali, Rwanda. The…

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BEST COUNTRIES TO INVEST IN AFRICA 2019

RMB  gives report on best countries to invest in Africa for 2019 Many investors are in search of the best countries to invest in Africa; as Africa is fast rising to become a very fertile investment destination. The continent is in dire need of roads, rails, ports, airports, power grids and IT systems. All of these do not only form the infrastructure needed to help grow the African economies; but they also serve as investment…

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THE NEW BOLE INTERNATIONAL AIRPORT BECOMES BIGGEST AIRPORT IN AFRICA

Addis Ababa Bole International Airport expansion has made it the biggest airport in Africa. On 27th January, 2019, the Ethiopian Prime Minister Abiy Ahmed commissioned the newly enlarged Addis Ababa Bole International Airport terminal; which have now become Africa’s gateway to the World and also the biggest airport  in Africa. PM Abiy inaugurated the Bole Int’l Airport Expansion work built at a total of $363mil. PM Abiy noted @flyethiopian is the pride of Ethiopia embodying…

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PHOTOS FROM THE HIGH-LEVEL MEETING HELD IN ADDIS ABABA

African Leaders met in Addis Ababa to participate in a High-Level Meeting of Heads of State and Government organised by the African Union on January 17, 2019.  The meeting focused on exploring the election situation in the Democratic Republic of Congo. You can read the outcome of the meeting in our previous post (read here). The communiqué of the High-Level consultative meeting of Heads of State and Government on the situation in the Democratic Republic of…

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AU URGES DR CONGO TO DELAY FINAL ELECTION RESULT

The elections that held in Democratic Republic of Congo, the African Union (AU) say there is “serious doubts”. The final results that have been call should be suspended. One of the opposition candidates, Felix Tshisekedi, the figure that were announces brings victory to him. The other opponent Martin Fayulu of the current administration insists he won. Martin Fayulu supporters said Felix Tshisekedi made a power sharing deal with outgoing President Joseph Kabila. The team of…

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PRESIDENT YOWERI AT GRADUATION CEREMONY IN MAKERERE UNIVERSITY, UGANDA.

Kampala’s largest and third oldest institution of higher learning awards President with award for achievement. President Yoweri Kaguta Museveni of Uganda presided over the 69th graduation ceremony at Makerere University yesterday (15 January). The weeklong graduation ceremony will see many Ugandans enter the job market in search for graduate roles. While giving a speech, the president commits to ensuring that university staff receive a good remuneration. He is hoping to match global pay standards as the…

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US ANNOUNCES NEW AFRICA POLICY

The United States yesterday outlined its Africa strategy by reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment. The US said it would also seek to promote intraregional trade and commercial ties with its African allies, shifting its focus from “indiscriminate aid” to one of trade and investment and positioning itself as a more sustainable alternative to what it termed “predatory”…

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Battle for influence in African infrastructure lending

China and United States to battle for influence in African infrastructure lending   New research from global law firm Baker McKenzie with data provider IJGlobal shows that development finance lending from state-backed institutions is the most important component of infrastructure funding in sub-Saharan Africa. The battle for influence on the continent between Development Finance Institutions (DFIs) and Export Credit Agencies (ECAs) from China and the United States is set to heat up over the next decade…

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African delegates attending Paris Peace Forum

The Paris Peace Forum is neither a summit nor a conference. It is a new annual event based on a simple idea: international cooperation is key to tackling global challenges and ensuring durable peace. To support collective action, it gathers all actors of global governance under one roof for three days. Through original formats of debates and the presentation of solutions, attending stakeholders will discuss and develop solutions for today’s transborder challenges. These are the projects originating from…

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CHAD TO LAUNCH NEW NATIONAL AIRLINE

Chad Republic

Chad Republic and Ethiopian airlines recently signed an agreement to launch a new national carrier for Chad by October 1st. Chad republic through its Chad’s Civil Aviation Authority have sign an agreement with Ethiopian airlines for a new national carrier in Chad. International Air Transport Association ranks Ethiopian Airlines as the largest carrier in Africa by revenue and profit. Ethiopian airlines is also  in talks with some African countries to acquire stakes and also manage operations in…

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SOUTH AFRICA : PPC CEMENT LUNCHES NEW ‘SURE’ PRODUCTS.

The new cement lunched by PPC cement South Africa is in line with their branding and refocusing in over 100 years.  The Sure range indicates a greater customer focus as well as a vote of confidence in the country and its growth potential. The new product will fill in the market demand for a range of products designed for specific applications. The products include Surewall, Surecem, Sureroad, Surebuild, Surecast and Suretech.  Surewall and Surecast, are…

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Dangote and BUA Groups of Companies set to partner FMBN towards boosting affordable housing delivery for Nigerians.

Dangote and BUA Groups of Companies set to partner FMBN towards boosting affordable housing delivery for Nigerians. Alhaji Aliko Dangote chairman and CEOs of Dangote and AbdulSamad Isyaku Rabiu chairman, BUA Groups of Companies set to partner the Federal Mortgage Bank of Nigeria (FMBN) towards boosting affordable housing delivery for Nigerians. Dangote, who ranks as Africa’s richest business magnate and Isyaku Rabiu, a leading Nigerian businessman extends the hand of partnership to FMBN. In a joint…

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WHY AFRICA NEEDS MORE AGRITECH ENTREPRENEURS

agritech

WHY AFRICA NEEDS MORE AGRITECH ENTREPRENEURS Agriculture is the biggest employer in Africa with about 70% of the population depending on it to make a living. Agriculture contributed to about 32% of Africa’s GDP as at 2016. Growth in this sector is 11 times more effective in reducing poverty than growth in any other sector. The agricultural value chain is to add more jobs than any other sector in countries such as Ethiopia, Malawi, Mozambique, Tanzania, Uganda, and…

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