African Bamboo is using Orbit to find a corporate finance advisory
Africa Agribusiness Since 2012, African Bamboo has built a vertically integrated supply chain from 10,000ha of natural bamboo forest in Ethiopia. The company has also grown a production facility consisting of 16,500 m2 factory space for the manufacture and export of bamboo-based composite boards. Finding the right advisor African Bamboo was seeking a corporate finance advisory firm with […]
Rwanda’s mountain gorillas are luring upscale visitors, generating funds that help sustain the rare apes.
Wall Street Journal, By Deborah Dunn I’D BEEN IN Volcanoes National Park, a sliver of jungle in northern Rwanda, for all of 30 minutes, when a fur ball the size of an ottoman came barreling toward me. To be fair, I was on his turf. I had been spying on the fur ball’s family—nine mountain gorillas, […]
Africa is the world’s fastest-growing continent for software developers
The Guardian, By Yomi Kazeem As tech ecosystems and hubs continue to sprout across Africa, an accompanying effect has been an upswell in local software engineering talent. It’s proven enough for even global tech giants to notice: Microsoft is investing over $100 million to open its first development centers on the continent and employ 100 full-time African developers this […]
Why Africa’s Future Will Determine the Rest of the World’s
Politics Review, HowardW. French If climate change is the most important matter of common concern around the world, what comes second? Perhaps nothing close. But by my lights, the usual looming questions—about the fate of American power and influence, Brexit, the related viability of the European Union, and the many uncertainties surrounding the rise of […]
Ethiopia, Egypt and Sudan Agree to Ink Deal on Nile Dam by 15 January 2020 – US Treasury
Bloomberg President Donald Trump said he met with representatives of Egypt, Ethiopia and Sudan to mediate a dispute over a giant dam Ethiopia is building on a Nile tributary whose waters are vital to all three nations. “The meeting went well and discussions will continue during the day!” Trump tweeted on Wednesday. The US Department […]
South Sudan opposition parties have invited to attend a consultative meeting aimed at the implementation of the revitalized agreement.
Nyamilepedia South Sudan’s parties to the revitalized peace agreement signed in September last year have been invited to the Ethiopian capital Addis Ababa over stalled peace implementation. South Sudan’s main armed opposition group, SPLM-IO, confirmed in a statement extended to Nyamilepedia that its leader Dr. Riek Machar has been invited to the East African country’s […]
Jinja, Uganda: The adventure capital of East Africa
Fodors If you’re searching for your next adrenaline rush, look no further than Jinja, Uganda. Situated at the source of the Nile River, Jinja not only offers the opportunity to tick one of the seven natural wonders of the world off your bucket list, but it’s bursting with action-packed activities. We’ve compiled seven reasons why Jinja happens […]
Vodacom to Join Safaricom in Bid for $1 Billion Ethiopian Telecoms License
Bloomberg, By Bella Genga Safaricom Plc and parent Vodacom Group Ltd. plan a joint bid for an Ethiopian telecommunications license that they expect to cost as much as $1 billion. The Horn of Africa state is expected to invite bids for two new licenses this month to compete with its monopoly Ethiopian Telecommunications Corp., which is also […]
‘No Double standard’, Facebook CEO needs to take responsibility caused by it’s platform in Ethiopia last week
Haile Gebrselassie is sueing Facebook over Ethiopia violence’ Ethiopian athletics legend Haile Gebrselassie says he is considering suing social media giant Facebook for playing a significant role in inciting recent violence in the country, state-linked Fana Broadcasting Corporate reports. He said networking sites, particularly Facebook, have enabled the growing incidents of violence in the country. ‘’If […]
Secretary Michael R. Pompeo’s spoke with Ethiopian Prime Minister Abiy Ahmed
State.gov Secretary of State Michael R. Pompeo spoke today with Ethiopian Prime Minister Dr. Abiy Ahmed. Secretary Pompeo congratulated Dr. Abiy on the prestigious honor of being the 100th recipient of the Nobel Peace Prize. The Secretary highlighted the importance of the strong partnership between the United States and Ethiopia and the United States’ support […]
Russia building new empire in Africa: ‘The United States should be hugely concerned’
FOX News By Paul Tilsley | The Russians are coming — to Africa. And it’s worrying U.S. analysts. But far from being frightened, the leaders of many African countries are welcoming Moscow with open arms, so much so that representatives of 43 of Africa’s U.N. member states attended a summit hosted by Russian President Vladimir Putin this past […]
Land restoration in Ethiopia pays off but climate change necessitates many strategies
Phys.org In the last decade, Ethiopia has invested more than US$1.2 billion annually in restoring landscapes in several regions of the country. But despite its big restoration initiatives, Africa’s second-most populous country is still insufficiently tracking how projects have helped to recover and boost ecosystem services, a new study shows. Recent research led by the […]
US to host Ethiopia, Egypt and Sudan Next week regarding Ethiopia’s $5 billion Dam
Reuters Egypt, Sudan and Ethiopia “will meet in the United States on 6 November… to break the deadlock in the ongoing negotiations regarding the Renaissance Dam,” Sameh Shoukry said at a press conference. Ethiopia insists its $5 billion hydro-electric barrage is necessary to provide the country with much-needed electricity. But Egypt fears the structure could […]
Ethiopia is looking to drive significant growth from its mining sector
Mining Review 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 in October. Ethiopian Mines and Petroleum minister HE. Dr SAMUEL URKATO says the country is looking to drive significant growth from its mining sector and believes […]
East Africa
AllAfrica News: East Africa
- Uganda: Govt Move to Borrow Extra Over U.S.$540 Billion Stirs Mixed Reactions December 7, 2019[Independent (Kampala)] Kampala, Uganda -A government move to borrow 2.4 trillion shillings from Stanbic Bank and Trade and Development Bank to plug the budget deficit, has evoked mixed feelings from economists and observers.
- Kenya: Ibrahim Akasha's Sentencing Postponed Because He Is 'Confused' December 7, 2019[Nation] The scheduled sentencing on Friday of confessed drug trafficker Ibrahim Akasha has been postponed until January 10.
- Sudan: No Contact With People Kidnapped in Libya - Sudan Official December 7, 2019[Radio Dabanga] Khartoum -According to a Sudanese official, communication has been lost with 11 Sudanese nationals detained by human traffickers in Libya.
- Somalia: At Least 8 People Killed As Al-Shaba Attacks Bus Along Kenya-Somalia Border December 7, 2019[Dalsan Radio] Several people are feared dead after suspected Al-Shabaab militants attacked a Mandera-bound bus between Kutulo and Wargadud in Wajir County on December 6.
- Tanzania: Airport Project Given Priority, House Told December 7, 2019[Daily News] THE Minister for Finance and Planning, Mr Mohamed Ramia Abdiwawa, says the government had been prompted to reallocate funds to ensure the ongoing construction of Terminal III at the Zanzibar airport was complete.
West Africa
AllAfrica News: West Africa
- Nigeria: How Ex-Zamfara Governor Yari Paid Self, Deputy N525 Million Two Days to Handover December 7, 2019[Premium Times] When a former governor of Zamfara State, Abdulaziz Yari, wrote his successor, requesting for a N10 million monthly upkeep, in addition to his monthly pension as former governor, it generated a furore.
- Nigeria: $900,000 Grant - Niger Govt. to Sensitise Communities On Urban Policy December 7, 2019[Vanguard] The Niger state government says it will commence sensitisation of stakeholders in communities across the 25 local government areas as part of preparation for the development of the state urban policy.
- Nigeria: Burna Boy Brightens Up Star Lager's All-New Campaign December 7, 2019[Vanguard] As part of the launch of an all-new Star, which spots a new label and an improved taste, STAR Lager has launched an exciting campaign with Burna Boy starring in its key visual.
- Nigeria: Price of Bonny Light Leaps to $65.47 Per Barrel December 7, 2019[Vanguard] ... As OPEC cuts output by 500, 000 bpd
- Nigeria: Tiwa Savage, Cardi B, Others Share Same Stage Tonight in Lagos December 7, 2019[Vanguard] After weeks of excitement and anxiety it all goes down tonight at the first edition of the Livespot X Festival where American female rapper and Grammy awards-winning star, Cardi B will be the headliner alongside Nigeria's finest superstar singers. Perhaps, the biggest imagination running wild has been the prospect of having Nigeria's hottest, sexiest, […]
South Africa
AllAfrica News: South Africa
- Police Officer Wounded, 'Robber' Killed in Sasolburg Shootout December 7, 2019[News24Wire] An alleged armed robber has been shot and killed during a shootout with police in Sasolburg.
- A Frustrating Week At Hearings On State of Shelters After Officials Arrive Unprepared December 7, 2019[News24Wire] Officials at the public hearings into the state of shelters sent the acting director general of the Department of Social Development away this week, instructing him to prepare himself properly before returning to give them answers.
- South Africa Destroys Seized Illicitly Imported Clothes at Peak Shopping Season December 7, 2019[VOA] JOHANNESBURG - South Africa's tax authority recently destroyed more than half-a-million dollars worth of illicitly imported goods -- including more than 13,000 bales of clothing -- just as many South Africans are staring down a tight holiday season and a sluggish economy in a nation where millions live beneath the poverty line.
- Hill Handles Mauritius Heat to Take Halfway Lead December 6, 2019[News24Wire] Belle Ombre -Calum Hill of Scotland weathered the heat and humidity at Heritage Golf Club on Friday to card a fine eight-under-par 64 to move to 12-under and a one-stroke lead after the second round of the Mauritius Open .
- President Cyril Ramaphosa Commences Working Visit to Togo, 5 to 6 Dec December 6, 2019[Govt of SA] President Cyril Ramaphosa has this evening, 05 December 2019 arrived in Lome, in the Republic of Togo, for a Working Visit aimed at strengthening the already strong bilateral, political and economic relations between South Africa and the Republic of Togo.
North Africa
AllAfrica News: North Africa
- Sudan: No Contact With People Kidnapped in Libya - Sudan Official December 7, 2019[Radio Dabanga] Khartoum -According to a Sudanese official, communication has been lost with 11 Sudanese nationals detained by human traffickers in Libya.
- Algeria: Algeria Deserves From Its Children to Remain "Impenetrable Fortress" December 7, 2019[Algerie Presse Service] Algiers -Army Lieutenant General Ahmed Gaïd Salah, Deputy Minister of National Defence, Chief of Staff of the People's National Army (ANP), said Friday in Oran that Algeria deserves from its children to remain "the impenetrable fortress," stressing that the presidential elections of December 12 will be "an electoral festival through which the […]
- Africa: Lessons From Algeria On Foreign Terrorist Fighters December 6, 2019[ISS] Over the past two and a half years, Algeria has convinced many of its citizens fighting in the Sahel to surrender. While this alone won't end the region's conflicts, for peacebuilding to succeed the presence of foreign fighters must be addressed. Algeria's programme shows a way of doing so.
- South Africa: Suspect Nabbed for the Alleged Murder of Sebongile Nkanyane December 6, 2019[SAPS] A 26-year-old suspect was on Thursday 05 December 2019 at about 21h30, arrested in connection with the murder of Sebongile Nkanyane whose body was found in a yard at Vaalwater 2, Sekgosese in the early hours of Tuesday 03 December 2019.
- Nigeria: 168 Stranded Nigerians Return From Libya December 6, 2019[Premium Times] The National Emergency Management Agency (NEMA) on Friday received another batch of 168 stranded Nigerian returnees from Libya.
Centeral Africa
AllAfrica News: Latest
- Cameroon: Governor Urges Proprietors to Reopen Schools December 7, 2019[Cameroon Tribune] Bernard Okalia Bilai chaired a joint meeting with stakeholders of secondary and higher education yesterday.
- Algeria: Algeria Deserves From Its Children to Remain "Impenetrable Fortress" December 7, 2019[Algerie Presse Service] Algiers -Army Lieutenant General Ahmed Gaïd Salah, Deputy Minister of National Defence, Chief of Staff of the People's National Army (ANP), said Friday in Oran that Algeria deserves from its children to remain "the impenetrable fortress," stressing that the presidential elections of December 12 will be "an electoral festival through which the […]
- Sudan: Sudan Lawyers File New Complaint Against Al Bashir December 7, 2019[Radio Dabanga] Khartoum -A group of Sudanese lawyers have filed a complaint to the Prosecutor of Khartoum North against deposed President Omar Al Bashir, former Vice-President Ali Osman Taha, former Parliament Speaker El Fateh Ezzeldin, and members of the Sudan Scholars Association, for ordering the killing of demonstrators.
- Rwanda: Muhanga Intermediate Court Judges Arrested for Corruption December 7, 2019[New Times] Rwanda Investigation Bureau (RIB) has arrested two Intermediate Court judges and a Registrar on suspicion of corruption.
- Rwanda: How Achievable Are the 2020 Global Goals On HIV? December 7, 2019[New Times] We are just a few days away to the year 2020, where the world will have to have achieved the 90-90-90 target that stipulates; 90 per cent of all people living with HIV will know their HIV status, 90 per cent of all people with diagnosed HIV infection will receive sustained antiretroviral therapy […]
Ethiopia
AllAfrica News: Ethiopia
- U.S., Ethiopian Defense Officials Meet At Pentagon December 6, 2019[Addis Standard] Performing the Duties of Deputy Under Secretary of Defense for Policy Dr. James H. Anderson hosts a bilateral meeting with Ethiopia's Minister of Defense, His Excellency Minister Lemma Megersa, at the Pentagon, Washington, D.C., Dec. 4, 2019. (DoD photo by U.S. Navy Petty Officer 2nd Class James K. Lee)
- Refugees Impatient for the Right to Work December 6, 2019[Thomson Reuters Foundation] Addis Ababa -Refugees are struggling to get by in Ethiopia under rules that bar them from working
- Egypt, Ethiopia Close Ranks in Nile Dam Talks December 5, 2019[East African] Technical teams seeking to end the conflict over Ethiopia's Grand Renaissance Dam along the river Nile appeared headed for a major breakthrough as the second round of talks progressed in Cairo, Egypt on Tuesday.
- Sudan and Ethiopia Lead in FGM Prevalence December 5, 2019[Nation] Sudan has the highest Female Genital Mutilation (FGM) prevalence in Africa, according to the latest survey by 28 Too Many, a values-based charity working to end the vice in Africa.
- Awash Lowers Lending Rates in Face of NBE Bill Removal December 4, 2019[Addis Fortune] The revised lending interest rates were lowered by 0.5 to 4.5 percentage points
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