ABN # A coalition of development partners pledged $82 billion for the International Development Association (IDA), the World Bank’s fund for the poorest. The financing, which includes more than $53 billion for Africa, will help countries invest in the needs of their people, boost economic growth, and bolster resilience to […]
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Abyssinia Business Network /ABN/ A fashion show dubbed Textile and Leather Innovation has taken place at the residence of Norway’s Ambassador to Ethiopia, H. E. Merete Lundemo’s residence here in Addis Ababa. The event took place on 30 October 2019 and is an extension of the ongoing African Innovation Week […]
Abyssinia Business Network /ABN/ A total of 75,000 USD has been awarded to winners at the first edition of African Innovation Week (AIW2019). The event was successfully concluded on Saturday November 2, 2019 by awarding the top five innovators for this year with 5,000 dollars each. 50 runner-ups have also […]
ABN A French delegation led by French Minister of Economy & Finance, H.E. Bruno Le Maire visited Ethiopian Airlines on July 22, 2019. Upon their arrival at Ethiopian, the delegation was welcomed by Ethiopian Group CEO Mr Tewolde GebreMariam and the Executive Management team. A discussion was also held at […]
ABN@ We will tell you by how much people can make an unquenchable thirst for adventure and unique (in the truest sense of the word) pictures. In our photo review — the dangerous depths, scary animals, breathtaking trails and breathtaking views. Manchac Swamp, Louisiana, USA In addition to rumors about […]
ABN@ African technology start-ups have been warned against having a narrow vision for their innovations limited only to their domestic markets. Speaking Thursday at the Transform Africa summit in Kigali, Rwanda, experts called on innovators to focus on commercialising and globalising their inventions if they are to reap great returns […]
ABN@ The government of Ghana has concluded a strategic partnership agreement with Africa’s largest airline, Ethiopian Airlines, to establish a new pan-African carrier in Accra, Ghana. The government of Ghana and the private sector would hold a majority stake of 51 percent in the proposed airline while Ethiopian would hold the […]
ABN@ By Nerteley Nettey Director, Communications & External Relations at the African Centre for Economic Transformation, Dede Amanor-Wilks, Ph.D, has noted that a starting point for making the African Continental Free Trade Agreement (AfCFTA) work is to understand the importance of women to the African economy and to remove the impediments […]
ABN@ African economies have grown rapidly over the past two decades. Growth between 2009 and 2017 averaged 3.8 percent per year, compared to the world average of 2.5 percent. Africa’s growth has been driven not only by high commodity prices but also economic reforms that have improved the macroeconomic and […]
ABN@ By Rob Floyd A YEAR ago, I wrote about the Argentine Presidency of the G20. At that time, I indicated that little had been said about Africa by the Argentine hosts, which was unfortunate. Of course looking back, the entire Argentine presidency was somewhat unfortunate, with the least progress […]