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President Sahle-Work to Attend Regional CEO Forum

March 23 , 2019

President Sahle-Work to Attend Regional CEO Forum

President Sahle-Work Zewde will be attending the seventh African CEO Forum in Rwanda, Kigali on March 25 and 26, 2019. During her attendance, the President is expected to address the forum on continental free trade and the continent’s economic integration. Organised by Jeune Afrique Media Group and Rainbow Unlimited, the Forum brings African private sector decision makers and financiers together. The last two-day forum was held in Abidjan, Ivory Coast in March 2018, bringing together 1,500 business leaders, public decision makers and investors from Africa and around the world.

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Ministry Revokes Hundreds of Mining Concessions

The Ministry of Mines has revoked the licenses of 972 for alleged non-compliance with the terms of their exploration and production permits, and involvement in illicit trade.  Among those on the receiving end of the measure is Kefi Gold, a firm that has been conducting gold exploration in the Western Wellega Zone of the Oromia Regional State for over a decade. The 2,000hct exploration area is estimated to hold deposits of close to 50,000Kg of gold. Last week, the National Bank of Ethiopia ap...

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World Bank, Fed Agree on $715m in Funds to Fight Food Insecurity

The World Bank Group and the Ministry of Finance have signed an agreement for 715 million dollars to go towards fighting food insecurity. Most of the financing (600 million dollars) is earmarked for the implementation of a Food Systems Resilience Programme. A third of the amount is in the form of grants, while the balance is credit. An additional 115 million dollars is pledged for improving access to financial services and bolstering economic activity in pastoralist areas. The areas target...

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DISRUPTION HOPEFULS

Youths checkout a booth at the AddisRupt Expo 2022, which was hosted at Safari Hotel on June 25, 2022. The expo focused on technological and entrepreneurial work, showcasing over 20 startups to visitors. The promoters of the expo aimed at connecting startups with investors and was organized by firms such as LinkUp Addis, Profit Marketing and Afromile Trading...

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