Barrick Gold reports zero net debt in 2020
Barrick Gold - which jointly owns three gold mines with the Tanzania government - has recorded stellar performance in 2020 riding on high...
Tanzania’s Foodservice sector attracts new global players
(3 minutes read)
Tanzania’s growing middle-class population and its rapid urbanization have driven the demand for consumer-oriented agricultural products. This in turn spurs the development...
Ethiopia’s exports record 13 percent growth
According to the Ministry of Trade and Regional Integration of Ethiopia, the country has exported goods worth 4.12 billion USD in the just concluded fiscal...
Ethiopian Government seeks investment in drone technology.
In a statement by the Ethiopian Civil Aviation Authority (ECAA), the Ethiopian government has invited investments in drone technology, services, and aerospace manufacturing. ECCA...
Burundi’s new Prime Minister takes charge after a coup threat
(3 minutes read)
Burundi has a new Prime Minister- Ndirakobuca -who was unanimously confirmed in his new position by Burundian lawmakers recently. Hundred and thirteen...
Japan overtakes China as the top lender to Kenya in the last two years
Japan has emerged as the top bilateral lender to the East African nation for the second year running as revealed by the Treasury...
Addis Ababa on a beatification mode
(2 minutes read)
· Prime Minister Abiy Ahmed inaugurated the grand Meskel Square-Addis Ababa City Hall project. This is part of the...
Kenyan High Court Dismisses Petition of West Kenya Sugar Company Owned by Jaswant Rai
(3 Minutes Read)
The High Court has dismissed a petition filed by billionaire businessman Jaswant Rai challenging the issuance of a milling license to a...
Ethiopian Airlines bags award for its meritorious service during pandemic
(3 minutes read)
· Ethiopian Airlines has won the ‘Overall Excellence for Outstanding Crisis Leadership 2020 Award’ from Global Finance magazine
· ...
Ethiopia -Djibouti Railway Line Celebrates Tenth Anniversary
(3 Minutes Read)
The Chinese-built Ethiopia-Djibouti Railway recently celebrated its achievements in six years of commercial operation, with China officially ending its operational and maintenance...
