Forum: Transformative guiding light blossoming for African cities

States adopt AUF Declaration ADDIS ABABA – As urbanization becomes the most powerful megatrends, shaping African development in the 21st century, member states of the Africa Urban Forum adopted a binding African... Read more »

 Keeping watchful eyes on Nat’l sovereignty

Experts caution Ethiopia on foreign investment risks amid liberalization As Ethiopia opens key sectors for foreign investment and privatizes major enterprises, scholars caution that doing so without a robust financial security system... Read more »

Gender labor ratio reflects modest progress in 2024: ILO

ADDIS ABABA – Gender labor income ratio has increased to 51.8 % and labor income grown by 53% in 2024, the International Labor Organization (ILO) announced. In its 2024 labor report, ILO... Read more »

Ethiopia launches remittance campaign

– Banks allocate 100 bln Birr loans ADDIS ABABA – Ethiopian banks have launched a large-scale remittance campaign yesterday aimed at promoting the legal transfer of diaspora finances to assist national development,... Read more »

MoWSA emphasizes on fostering innovative youth

-Launches youth-centered financial organization ADDIS ABABA – Consolidating concerted ef­forts is urgently needed to empower innovative and productive youth that expedites country’s prosperity, Ministry of Women and Social Affairs (MoWSA) said. Officially... Read more »

Addis celebrates transformation with focus on key sectors

ADDIS ABABA- The Addis Ababa City Administration has highlighted the growth potential of tourism, agriculture, technology, and industry as key drivers in Ethiopia’s path to prosperity. Speaking at Meskel Square during the... Read more »

Macroeconomic reforms centers on nurturing vibrant private sector

– Majority of banking resources directed to private sector ADDIS ABABA – Ethiopia’s historic macroeconomic reforms are designed to increase private sector involvement and ensure efficiency within a stable macroeconomic framework, according... Read more »

Integrated governance entails to fast tracking African landscapes

ADDIS ABABA – Integrating multilevel governance is necessary to shape urban continental landscapes and address immediate urbanization woes, Addis Ababa Deputy Mayor urged. While addressing the panelists and attendees, with the Rank... Read more »

Ethiopia glorifies resilience, progress on ‘Transformation Day’

ADDIS ABABA- Ethiopia remains unwavering on its path toward growth and prosperity, overcoming challenges with resilience, according to Deputy Prime Minister Temesgen Tiruneh. Speaking at the ‘Day of Transformation’ and recognition program... Read more »

FOCAC 2024: Huge leap towards ensuring Africa’s prosperity

China has committed nearly 51 billion USD in funding to Africa over the next three years, with the goal of creating one million jobs, a move announced during the Forum on China-Africa... Read more »