Canada-based 4th Resource has been awarded the reconnaissance license for a geothermal project in Ethiopia, the first license to be awarded under the 2019 geothermal regulations. 4th Resource announced on Tuesday that it had been awarded a geothermal reconnaissance license by the Ministry of Mines of the Federal Democratic Republic of Ethiopia (FDRE). “This is […]
6th December 2022 – Kampala, Uganda. Uganda Development Bank and its Managing Director Ms. Patricia Ojangole have been named Sustainability Leader of the Year 2022 at the Karlsruhe Sustainability Awards Ceremony that was held during the Global Sustainable Finance Conference which took place on 1 and 2 December 2022 in Germany. Awarded by the International […]
Africa heads of state and leaders will from 13 to 15 December 2022, converge in Washington D.C, within the context of the United States – Africa Leaders’ Summit hosted by President Joe Biden of the United States of America. Facilitated by the African Union Mission to the U.S, H.E Moussa Faki Mahamat, Chairperson of the […]
Two Kenyans among 30 African Entrepreneurs selected for the $10,000 Anzisha Prize which is Africa’s premier entrepreneurship initiative for young people between the ages of 15-22. Twenty one year old Linnet Muritu 21, and Twenty year old Colins Kathuli were named in the weekend in the list of 30 that will be battling for the […]
Ethiopia has signed an agreement to collaborate on education with South Sudan. The agreement was signed by the Minister of Education Birhanu Nega and the Minister of Higher Education, Science and Technology of the Republic of South Sudan, Gabriel Changson Chang. According to the Ministry of Education Ethiopia, the agreement will enable the Education Ministries […]
Ethiopia’s envoy to the United States says American investors need to explore opportunities in the energy and agriculture sectors which are flourishing in his country. Dr. Seleshi Bekele Awulachew who is the Ambassador Extraordinary and Plenipotentiary of Ethiopia to the USA speaking in Los Angeles extolled the benefits of doing business in Ethiopia. He said multiple […]
Somalia’s economy is expected to grow by 2.7 percent in 2022, down from 2.9 percent in 2021, amid a global environment characterized by multiple shocks, high volatility and uncertainty, the World Bank projected on Tuesday. The World Bank’s latest Somalia Economic Update report says a recovery in demand is expected in 2023 when most of […]
Ahmed Abdullahi Mohamud, a father of four, has been teaching in a private school in the Somali capital, Mogadishu, for seven years and despite the rising living costs his salary has never increased. He takes home $120 a month, spends half of that on rent for his small house, and the rest on food and […]
Prime Minister Abiy Ahmed announced the Ethiopia’s digital economy registering an encouraging result in the economic and social sphere of the country. The prime minister said that Ethiopia has been working to connect people to the internet service and improving its quality in the past four years in a speech he made at the 17th […]
A new school for disabled children in Qardo, north-eastern Somalia is providing a stable and well equipped learning environment for 180 boys and girls. Gaheyr School, built by the UN’s children’s agency UNICEF, was handed over last month to the founder and director, Abdi Ali Adan, who has been teaching disabled children since 2004, and […]
African states have been challenged to set up innovative and inclusive institutions capable of designing and implementing effective industrial policies and processes that will advance socio-economic transformation. A joint Statement of the AUC, AUDA-NEPAD, UNIDO, UNECA on the occasion of the Africa Industrialization Day indicated that the prolonged effects of the COVID-19 pandemic, the pressing […]
The private sector has been challenged to move beyond policy and advocacy towards increased levels of entrepreneurship. Various participants at the “Industrializing the SADC Region: Sharing Strides, Drawbacks and Impact” event convened by the African Union Southern Africa Regional Office (AU-SARO) as part of the activities of the Africa Industrialization Week 2022 commemorative held in […]
Twenty Four years old Nigerian Kingsley Job Obasi is the winner of the African Youth Essay Contest on “Industrialization and Innovation in Africa”. His essay, titled “Manufacturing: The Key to Economic Prosperity and Sustainable Development in Africa,” articulates how manufacturing can unlock the economic prosperity of the African continent to create a sustainable future for its people. […]