Most Recent News

CHINESE COMPANY SIGNS 10-YEAR DEAL TO BUY OIL FROM ANGOLA

  China’s state-run company, Sinochem Group, has recently signed a deal with Angolan state-owned oil producer Sonangol to buy crude oil for a period of 10 years. The agreement which.

  • 0

ETHIOPIA CONSTRUCTS RAILWAY TO CONNECT WITH NEIGHBORING COUNTRIES

Ethiopian President Mulatu Teshome has recently said the country’s railway coverage will reach 5,000 km by 2025, connectingEthiopia with Djibouti, Kenya, Sudan and South Sudan. The president said this while.

  • 0

RWANDA: REFERENDUM POLLS KICK OFF TODAY

More than 40,000 Rwandans in Diaspora are expected to vote today in a referendum on revised Constitution, while 6.4 million voters who reside in the country are expected to cast.

  • 0

ITALY TO INCREASE INVESTMENTS IN ETHIOPIA’S INDUSTRY, INFRASTRUCTURE DEVELOPMENT

Italian Ambassador to Ethiopia, Giuseppe Mistrettahas recently said, in an exclusive interview with Ethiopian News Agency, that his country is keen to increase Italian investment in Ethiopia particularly in the.

  • 0

SEYCHELLES: VOTING STARTS IN PRESIDENTIAL RUN-OFF

The Seychelles has started voting on Wednesday in the second round of a presidential election in which incumbent James Michel is seeking a third. It is the first time a.

  • 0

NIGER: PRESIDENTIAL, LEGISLATIVE POLLS TO HOLD FEB. 21

Niger’s government on Tuesday fixed Feb. 21 as the date for a presidential election. Legislative elections will be held the same day and campaigning for both will take place from.

  • 0

South Africa’s Rand Recovers as Gordhan Takes Over

Following the appointment of the widely respected Finance Minister, Pravin Gordhan, South Africa’s rand has recently extended its rally from the previous session, firming to well below the 15 rand.

  • 0

ETHIOPIA, AUSTRALIA PLANT TREES TO MARK 50 YEARS OF DIPLOMATIC RELATIONS

Ethiopia and Australia have recently marked their 50th anniversary of diplomatic relations, with planting of tree seedlings at the Gulele Botanic Garden; the event also saw the inauguration of Australia.

  • 0

NIGERIA: EGBIN POWER PLANS TO DOUBLE GENERATING CAPACITY

As part of efforts to boost power supply in Nigeria, the country’s biggest power company Egbin Power Plc plans to double its generation capacity to 2,640 megawatts (MW) over the.

  • 0

SANLAM LEADS SOUTH AFRICA’S DEAL OF THE YEAR

A leading financial services group, SANLAM, has received approval for the acquisition of a significant stake in Afrocentric Healthcare Assets Proprietary Limited (AHA), which represents the biggest transaction in South.

  • 0