Absa Bank Kenya PLC, has officially launched the Absa Kenya Foundation (AKF) as a social arm that will accelerate its positive impact and sustainability commitments in various communities within the country.
The Foundation, which will be sponsored b…
The Nanyuki ultra-modern market in Laikipia has kicked off in earnest and is expected to benefit more than 1,000 traders upon completion next year.
The state of the art market which was commissioned on May 15, 2024 is expected to cost Sh.358 million…
Mining, Blue Economy and Maritime Affairs Cabinet Secretary Hassan Joho is rooting for public-private participation to exploit Blue Economy opportunities.
CS Joho noted immense opportunities in the aquaculture value chain, fish processing and value …
Addis Ababa: Water development programs implemented in Borena Zone of Ethiopia’s Oromia Regional State has catalyzed the transformation of local pastoralists from aid recipients to produces.
It is to be recalled that the recurrent drought that has pr…
Addis Ababa: The National Bank of Ethiopia (NBE) announced today that it has granted operational licenses to five non-bank Forex bureaus.
In a statement, the central bank disclosed that these five companies applied for licenses and fulfilled the mini…
Addis Ababa: The government of Ethiopia held a global investors call with its Eurobond holders on October 1st, 2024.
Ethiopia successfully hosted a Global Investors Call, bringing together key stakeholders and investors to discuss Ethiopia’s macro- e…
Addis Ababa: Prime Minister Abiy Ahmed revealed that, since the implementation of the macroeconomic policy reforms, Ethiopia has observed a stable Forex regime.
The macroeconomic committee met this morning to review the performance of the new macro p…
Addis Ababa: A Chinese company that produces 200 million medical test kits annually has expressed interest to invest in Ethiopia’s kilinto Industrial Park.
CEO of Industrial Parks Development Corporation, Fiseha Yitagesu welcomed the representatives …
Addis Ababa: The Government of Ethiopia, in collaboration with the Development Partners Group (DPG), held a high-level meeting in Addis Ababa to discuss the country’s ongoing macroeconomic reforms and their impact on fiscal and monetary policies.
Thi…
Addis Ababa: The implementation of Ethiopia’s comprehensive macroeconomic reform, particularly the foreign exchange administration, have begun to deliver positive outcomes for the economy over the past two months, Governor of the National Bank of Eth…
