Dutch brewer Heineken takes over Ethiopian breweries Heineken, the leading Dutch brewer will next week sign an agreement with the Ethiopian privatisation and public enterprise supervision authority ... (PPESA) for the purchase of two local breweries for more than US$ 163 million.
Sudan, South Sudan in border security agreement Sudan and South Sudan have concluded a border security agreement aimed at addressing security issues along their new borders. ...
Ethiopia and UN accuse Eritrea of backing Al Shabaab Ethiopia and the UN on Thursday accused Eritrea of supporting Al Shabaab. Eritrea's embassy in Kenya is believed to be providing monthly payments ... of around US$ 80,000 to help the terrorist group.
Ethiopia’s foreign direct investment declines Ethiopia's foreign direct investment (FDI) continued on a downward spiral last year with the Horn of Africa country receiving just US$184 million ... in investment.
Africa’s FDI fell by 9 per cent in 2010 Africa's foreign direct investment (FDI) decline by nine percent in 2010 to US$ 55 billion, the 2011 World Investment Report by the UN Conference ... on Trade and Development (UNCTAD) has revealed.
Ethiopia, Uganda in pact to help South Sudan, Somalia Ethiopia and Uganda have set up a joint ministerial commission aimed at supporting the new state of South Sudan and expanding joint security ... activities in volatile Somalia.
Trendhunter in East Africa: See you ?at the mall! ?East Africa's middle classes are turning into mall rats. A way of life so familiar and pivotal to many in South Africa is now cementing itself ... within the continent's ever-changing urban spaces.
Ethiopia’s power utility in US$45 million deal with Bosnia Ethiopia's power utility and a Bosnian energy company have concluded a US$ 45 million deal to build a 230 KV electricity transmission line for ... its new mega hydro electric projects, the Ethiopian Electric and Power Corporation (EEPCo) announced on Thursday.
Ethiopian exports hit US$2.7 billion Ethiopia received US$ 2.7 billion in revenue from exports during its just ended financial year. ...
South Sudan: Challenge meets optimism in Juba As war-devastated South Sudan basks in the glow of its recent independence celebrations, the new mantra from development experts from the World ... Bank and elsewhere is that it will take at least a generation for the new Republic of South Sudan to get on solid footing as a country capable of providing services and the hope of a better life for its citizens, who are some of the poorest in the world.