Unilever Kenya ordered to cut the repayment period
The Competition Authority of Kenya (CAK) has found Unilever Kenya guilty of exploiting smaller traders by revising payment terms. Investigations into alleged breach...
Kenya to get fresh tranche of support from IMF
The board of the International Monetary Fund (IMF) has approved the release of US$447.39 million to Kenya to help the country towards its fiscal...
Addis Ababa faces acute shortage of sugar
Sugar shortage has been recurring in Ethiopia frequently for some time. The City Administration Trade Bureau of Addis Abbaba has announced that the...
OCP to launch soil mapping in Kenya
OCP Africa A subsidiary of OCP Group - a leading global provider of phosphate and its derivatives, has entered into a partnership agreement with Kenya’s Ministry of...
Fitch slashes Kenya’s credit score
Fitch, the global rating firm, has slashed Kenya’s credit score to the ‘highly speculative’ rating of B. It had earlier given B+, which...
China grants free market access to Ethiopia
(3 minutes read)
The Ministry of Trade and Regional Integration of Ethiopia said that China allowed duty-free access to 1,644 items to be exported from...
Tulu Moye Thermal project in Ethiopia to get US$ 10 million from AfDB
(2 minutes read)
The African Development Bank approved a US$ 10 million grant for the Tulu Moye Geothermal Project for undertaking the project’s drilling program.
The African...
Industrial Parks in Ethiopia performing better -Government sources
(3 minutes read)
Industrial Parks Development Corporation of Ethiopia said that the performance of industrial parks in the country had begun showing improvement. For some...
Ethiopian coffee exhibition in London to promote exports
(3 minutes read)
The Ethiopian Embassy in London will host an Ethiopian Coffee Exhibition in London on December 17, 2022, to create an enabling environment...
Museveni lashes out at double standards of EU countries in climate change
(3 minutes read)
Ugandan President Yoweri Museveni accused Europe of brazen double standards and hypocrisy towards Africa in its climate and energy policies, citing Europe’s...
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