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Tigray collects close 2.7 billion revenue

Addis Ababa, 30 April 2016 (WIC) – The Tigray Regional State has collected more than 2.6 billion birr from tax and non-tax revenue in the past nine months of this…

Ethiopia to host East Africa’s largest building, construction exhibition

Addis Ababa, May 2, 2016 (FBC) – Ethiopia will host East Africa’s Largest Building and Construction Trade Exhibition this weekend, Expogroup Company said. The exhibition that will take place from…

Is Jim Kim Destroying the World Bank — or Saving it From Itself?

The good doctor Kim is out to salvage the bank’s global relevance. But his radical reforms have critics calling for his head. APRIL 27, 2016 In a shantytown perched in…

OCP Group considers building fertilizer plant in Ethiopia

Addis Ababa, April 25, 2016 (FBC) – Office Chérifien des Phosphates (OCP) Group, a global leader in the phosphate industry, has revealed interest to build a fertilizer plant in Ethiopia…

Rental rate for sheds in Hawassa industrial park revealed

Addis Ababa, April 23, 2016 (FBC) – The rental rate to own sheds in Hawassa industrial park announced today. In the first four years, the rental rate is 2 US…

Why the wealth of Africa does not make Africans wealthy

(CNN)Katanga province in the Democratic Republic of Congo is blessed with enormous natural wealth, including vast deposits of precious minerals such as diamonds, gold, and tantalum. Katanga saw a spectacular…