During a recent special event hosted by the Economic Commission for Africa, Christine Lagarde, the Managing Director of the International Monetary Fund (IMF), said that governments can help spur innovation by streamlining regulations "so that everyone plays by the same rules and entrepreneurs are rewarded for their ingenuity."
Ethiopia Tender and Business News
After much external pressure, the government of Ethiopia just announced its plan to release all political prisoners and Maikelawi, more commonly known as the notorious Central Crime Investigation Center.
DevFest-Addis, the first Google Developers Group (GDG) Developers' Festival, will be held on January 6 in Addis Ababa at the U.S. Embassy American Center.
Finland has announced its pledge to assist those in Yemen, Northeast Nigeria, the Democratic Republic of Congo, and Ethiopia, suffering from conflicts and drought.
KANA TV, a new television offering in Ethiopia which is broadcast exclusively in the country's own lingua franca, KANA TV marks a breakthrough in Ethiopian televised entertainment. It may also signal a shift in Ethiopia’s much criticised media environment.
Canada just announced an additional $19.8 million in funding to deal with food shortages in Cameroon, Chad, Ethiopia, Niger, Nigeria, South Sudan and Uganda.
On December 21, a major accomplishment took place in South Sudan. On that date all parties to the conflicts signed the Agreement on the Cessation of Hostilities, Protection of Civilians and Humanitarian Access, at a joint event in Addis Ababa.
Adeyinka Adeyami of the Economic Commission for Africa, unveiled a 'PIDA Model Law' for private sector investment in transboundary infrastructure in Africa, recently at he on-going Programme for Infrastructure Development in Africa Week in Namibia.
A new emergency assistance grant of €15 million was just announced by the European Commission, to help people in Ethiopia who are facing increasingly dangerous levels of food insecurity due to severe drought.
Africa's leaders must look inwards for homegrown solutions, learning from its own experience to achieve structural transformation as an economy and society. That was the message sent by speakers at the 12th African Economic Conference (AEC) on December 4 in Addis Ababa, Ethiopia.
The 12th African Economic Conference begins starting December 4 in Addis Ababa, Ethiopia. Its focus is on the theme "Governance for Structural Transformation", and includes important planning sessions on the role of African governments to drive industrialization in their countries.
Ethiopia just received a $83.64 million African Development Fund (ADF) loan and a US $14.15 million ADF grant to finance part of the cost for the Addis Ababa Transmission and Distribution System Rehabilitation and Upgrading Project (AATDRUP).
A new research program aimed at helping governments plan agricultural policy and their impacts was officially begun during the recent land policy conference in Addis Ababa.
A representative from Namibia's Ministry of Land and Resettlement recently urged African governments to ensure that youths are favored as land reforms and acquisition processes go forward.
At the close of the recent "Africa Talks Jobs" (ATJ) (www.AfricaTalksJobs.Africa) conference, more than 400 representatives of youth, business, education practitioners and policy-making from 44 countries in Africa and Europe have called for improving job perspectives of African Youth through employment oriented education and skills development.
According to Dr. Liam Fox, the British International Trade Secretary, the UK has agreed to double the amount of export finance it is making available to encourage UK-Ethiopia bilateral trade.
On November 6, the Amhara (Ethiopia) Regional Health Bureau took over management of a newly-constructed health center. The facility was funded by the United States Agency for International Development.
The United Nations Economic Commission for Africa (ECA)'s Southern Africa office, in partnership with the Walvis Bay Corridor Group (WBCG) is holding an Ad-hoc Export Group Meeting on November 16-17, at Walvis Bay, Namibia, on the impact of declining commodity prices on the regions economies.
Although access to a sustainable water supply is critical for economic growth, the imperative to develop it is often set aside for later, in the face of other needs for infrastructure for economic growth.
According to a new report by Baker McKenzie and Silk Road Associates, China's Belt and Road Initiative (BRI) is increasing BRI-related projects with up to US $350 billion over the next five years. Kenya, Tanzania, Ethiopia, Djibouti and Egypt are among the major African economies which may benefit from this substantial investment.
During a recent workshop in Addis Ababa, United Nations Economic Commission for Africa's (ECA) Special Initiatives Division Director, Ms. Fatima Denton, made a strong call to African countries to fully integrate Climate Information Services (CIS) into their policies, plans, programs and practice.
Index insurance, a possible solution for compensating smallholder farmers in Africa for lost crops and livestock due to climate change, is being piloted or at least seriously considered by a number of governments across the continent.
The African Development Bank (AfDB) has already identified the African textile, apparel and accessories (TA&A) industry as a target development area which could add jobs and financial growth to the continent. AfDB and its partners are taking that to the next step via a just-completed specialized training programme for startups and entrepreneurs in the TA&A sector.
A group meeting this past week in Addis Ababa, on 'building research infrastructure capacity in Africa to achieve sustainable development goals', pushed for significant increased expenditures on research infrastructure in order to support Africa's future sustainable growth.
Chicago-based Hyatt Hotels & Resorts just announced plans to double the number of Hyatt Hotels in Africa by 2020. That will bring six new hotels in total in Africa, including ones in Algeria, Cameroon, Ethiopia, Tanzania, Senegal and Marrakech.