Latest Business News - Africa

USD 5 billion airport to be constructed by Ethiopia Airlines this year: CEO

Ethiopia Airlines is planning to construct an airport with a budget of USD 5 billion later this year, said by its Chief Executive Officer Tewolde Gebremariam. The step has come out as the growing  Read More..

Posted on : 16 Jan,2020


USD 98 million funding for Ethiopia-Djibouti Transport Corridor project approved by AfDB

USD 98 million loan has been approved by the African Development Bank Group (AfDB) to the Ethiopian government to fund the initial phase of the Ethiopia-Djibouti Road Transport Corridor project. The  Read More..

Posted on : 14 Jan,2020


220-km toll road connects landlocked Ethiopia to ports in Djibouti

The Addis Ababa-Adama expressway is one of the first major expressways in the East African country and is considered as Ethiopia's major road project. The project covers the busiest segment of  Read More..

Posted on : 06 Jan,2020


$194 Million road construction projects commissioned by Ethiopia

4 road projects worth $194 Million by the Ethiopia Roads Authority have been officially commissioned and signed between the Ethiopian Roads Authority and the representatives of the contractor groups  Read More..

Posted on : 23 Dec,2019


Qatar Airways set to build new Rwandan International Airport

Rwanda and Qatar Airways have signed an airport deal that will see the two parties set up a joint venture to build, own, and operate the new airport in the district of Bugesera. The airline has  Read More..

Posted on : 18 Dec,2019


USD 3 million eighth dry port in Ethiopia has completed its construction

A USD 3 million port in Wereta, Northern Gonder of Amhara Regional State, Ethiopia, has completed its construction recently. To facilitate more trade with Sudan, the country built this new port. The  Read More..

Posted on : 02 Dec,2019


USD 73 million Road projects launched in Addis Ababa

 Three new road constructions are undertaken by Addis Ababa City Roads Authority for USD 73 million. The launching ceremony has witnessed by Addis Ababa city’s Deputy Mayor, Engineer  Read More..

Posted on : 26 Nov,2019


Ethiopia: We’re open for business says mining minister

 The mining sector in Ethiopia is on the brink of evolutionary growth and progress as the country’s first modern gold mine – KEFI Minerals’ Tulu Kapi moves into development  Read More..

Posted on : 31 Oct,2019


The Much Awaited 3rd Buildexpo Ethiopia 2020 Returns To Addis Ababa

The 3rd edition of Buildexpo Ethiopia is back at Millennium Hall in Addis Ababa, the one place to source new products, services and technology from around the world. The 3 day multi country  Read More..

Posted on : 30 Oct,2019


Mega dam construction in Ethiopia promises remarkable progress says government

 Ethiopian Broadcasting Corporation (EBC) released a report stating that two turbines of the mega dam can start generating hydroelectric power by the early months of next year. Seleshi Bekele,  Read More..

Posted on : 28 Oct,2019


Exhibitions In Africa

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