Ethiopia inaugurates first modern light rail line in sub-Saharan Africa
The first modern light rail line in Sub-Saharan Africa constructed by the China Railway Group (CREC) was inaugurated on September 20 in Ethiopia, when passenger […]
Ethiopia
Zambia: Dangote Cement plans $900 Mln investment
Dangote Cement plans to double investment in Zambia to around $900 million by building a second cement plant, the company’s vice-president said on Tuesday. Dangote […]
Coffee giant Starbucks to open stores in Sub Saharan Africa in 2016
After it struck a deal with Taste Holdings on Tuesday, the coffee giant Starbucks says it will open stores in sub-Saharan Africa for the first […]
Ethiopia to double its sugar plants by November 2015
Addis Ababa aims to become Africa’s biggest sugar producer and exporter with plans to double the number of its sugar estates to six by November […]
Equity Bank to open office in DR Congo
Leading kenyan commercial bank, Equity Bank plans to expand to Congo. The Bank’s banking group has announced that it would soon open office in DR […]
China Wu Yi Co to build roads in Kenya, Uganda and Ethiopia for $ 73 million
The construction firm China Wuyi Co Ltd announced on Monday it had won $73.2 million worth of contracts for the construction of roads in Kenya […]
Ethiopia: $ 10Bln to lead a revolution in manufacturing
The Ethiopians officials have announced an annual investment of one billion dollars over the next decade in the development of specialized industrial parks. These areas, […]
South Sudan: Rebel group accuses China of destabilization with weapon supply
Peter Mabior Riiny, deputy head of the youth wing of the Sudan People’s Liberation Movement-in-Opposition (SPLM-IO), a rebel group, has claimed that China is supplying […]
Ethiopia: Africa’s fastest growing economy prepares first dollar bond
A source has revealed that Ethiopia is preparing to follow the footsteps of Ghana, Kenya Senegal and Ivory Coast by selling its first dollar bond. […]
Egypt forgoes Ethiopia’s dam, accepts diminished influential African role
Despite the ongoing differences between Egypt and Ethiopia over the construction of the Grand Renaissance Dam on the Blue Nile, a main tributary on the […]