Nigeria’s leading airline could soon be under new management.
Nigeria’s leading airline could soon be under new management.
When it comes to domestic air travel in Africa, Kenya’s capital Nairobi is king.
South Africa’s President Jacob Zuma is keen to hand over the reins of power to the mother of his children.
His dream is to show the world the glories of Ethiopian cuisine, to preserve its rich traditions and to make his fellow citizens eat better.
Pizza Hut is set to open three outlets in Ethiopia this year, becoming one of the first international restaurant chains to enter Africa’s second-most populous country.
Europe’s largest hotel group AccorHotels, will open three hotels in Ethiopia by 2021, becoming the latest international chain to tap into the growing business and tourism sectors in the country.
EXEO Capital, the pan-African private equity investment firm, has announced the first close of the second Agri-Vie Fund, focused on the food and agribusiness sector in Sub-Saharan Africa.
Chad’s foreign minister has been elected as the new chair of the African Union Commission, pledging to place development and security at the top of his agenda and streamline the organization’s bureaucracy.
South Africa has variously styled itself as a “bridge” between the North, the global South and Africa as well as a “gateway” into the continent.
Ethiopia on Saturday officially opened the Gibe 3 hydroelectric dam, which is among the biggest in Africa, despite concerns by environmentalists about its impact downstream and upon neighboring countries.
Ethiopia and Djibouti have launched the first fully electrified cross-border railway line in Africa.
Retail in Kenya is dominated by informal sellers, but recent years have seen a boom in modern trade, with home-grown supermarket chains expanding their footprint and international brands (such as Carrefour and Massmart’s Game banner) entering the market.
Whether it’s through hip-hop, R&B, Top 40 radio or Internet memes, Drake is a ubiquitous presence on our cultural landscape. Yet for all of his inescapable hits in the past few years, it was only in May that Drake finally topped the Billboard charts.
This weekend the African Union unveiled an e-passport that will hopefully be available to all citizens of member states by 2018.
Sub-Saharan Africa is experiencing a wave of modern shopping mall development. The retail sector has become a major focus for development activity in recent years, as investors have been attracted by the growth potential of African consumer markets.
Investor and philanthropist George Soros has described Africa as ‘one of the few bright spots on the global economic horizon’, while consultants McKinsey say that the continent offers higher returns than any other developing region.
Leaders at Addis Ababa summit support pullout of international criminal court in protest at perceived unfair targeting.
Africa will record a 4.4 percent economic growth this year, up from 3.7 percent in 2015 buoyed by increasing domestic demand and improved investment in infrastructure, the United Nations has predicated.
Egypt, Ethiopia, and Sudan signed an agreement on Tuesday finalizing the two firms tasked with carrying out studies on the potential impact of Ethiopia’s Grand Renaissance Dam on the flow of the Nile.
With agriculture making up approximately 65% of Africa’s labour force and 35% of the continent’s GDP, the sector’s capacity to help realise major continental development priorities is beyond doubt.
Standard Bank Group has opened a representative office in Ethiopia.
Black Rhino, owned by funds of U.S. investment company Blackstone Group, said on Wednesday it was looking at investments in Ethiopia’s power generation sector.
Africa’s vast skies are being mastered by the “Big 6”: Ethiopian Airlines, South African Airways, Arik Air, EgyptAir, Kenya Airways and Royal Air Maroc.
Ugandan TV journalist Nancy Kacungira has won the first BBC World News Komla Dumor Award for Africa-based journalists.
For someone who oversees billions of dollars in pension funds and pilots sweeping reforms in Africa’s biggest economy, Chinelo Anohu-Amazu did not shout her credentials from the roof tops when she visited The Africa Report’s office in Paris.
Ethiopia aims to triple its number of foreign visitors to more than 2.5 million by 2020, making tourism a pillar of one of Africa’s fastest-growing economies.
Hilton will open its first hotel in Ethiopia in more than four decades, it said on Wednesday, following other international chains that seek to tap into rising business and tourism in the country.
Marriott International, in partnership with Sunshine Business, has just announced the opening of Africa’s first Marriott Executive Apartments in Addis Ababa, Ethiopia.
Company to expand Africa portfolio by over 50% in the next five years entering new markets and introducing more brands.
Sub-Saharan Africa’s first modern tramway opened in the Ethiopian capital on Sunday, marking the completion of a massive infrastructure project hailed as a major step in the country’s economic development.
A price survey of international-grade hotels in select major African cities, produced by hospitality research firm STR Global, ahead of theAfrica Hotel Investment Forum (AHIF), taking place at the end of September, has revealed that Addis Ababa is the most expensive place for a good night’s sleep.
President Obama came to Africa to deliver a “blunt message” to its politicians. But young people in Kenya and Ethiopia had plenty to say to Mr Obama about the state of America.
Ethiopia’s government signed a deal to buy electricity from a geothermal-power plant being developed by companies including Reykjavik Geothermal Ltd. of Iceland, a partner in the project said.
Donald Kaberuka, the outgoing president of the African Development Bank (AfDB), has cautioned African countries to heed lessons from the Greek debt crisis and consolidate economic stability, with growth in the continent set to be driven by increased public expenditure.
The European Investment Bank plans to open offices in four more African cities as it strengthens its foothold on a continent looking for financing to build infrastructure, said a senior official with the lender.
A property boom in Ethiopia’s capital is putting pressure on the government to keep homes affordable in one of Africa’s fastest-growing economies.