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Africa is keen to change terms of engagement with investors

THERE is no evidence to prove bilateral investment treaties signed by African countries have made them more attractive to foreign direct investment, despite it being the main reason to sign…

Mobile drought insurance to protect Africa’s farmers

A mobile insurance scheme to help small-scale farmers in Kenya ensure their agricultural produce against drought and other natural disasters is spreading to other parts of Africa, as Neil Ford…

Hailemariam congratulates Ismail Omar Guelleh on winning election

EBC, April 9, 2016)- Djibouti President Ismail Omar Guelleh won Djibouti presidential election by winning 87% vote. Ethiopian Prime Minister Hailemariam Desalegn congratulated President Ismail Omar Guelleh on winning the…

HAWASSA AIRPORT TO COMMENCE OPERATION

The Hawassa International Airport, which is under construction at a cost of 457 million birr, will soon commence operation. The Ethiopian Airports Enterprise began the construction 14 months ago. The…

Isis expands as new jihadi group Jahba East Africa pledges allegiance to Abu Bakr al-Baghdadi

The Islamic State (Isis) is set to expand in East Africa as an emerging terrorist group named Jahba East Africa has pledged allegiance to Abu Bakr al-Baghdadi. The new group,…

Chinese conglomerate to invest $350mn to set up textile plant in Ethiopia

Chinese conglomerate Jiangsu Sunshine Group plans to make investment of $350 million to set up a textile plant in Ethiopia in a bid to boost the country’s textile industry as…