Category Archives: African News

African Business News

Consolidation of the fintech ecosystem in Africa, Good or Bad?

‘Mobile money’ used to be a catch-all phrase, describing everything from consumer wallets to building agent networks, lending, and international remittances. However, African fintech has gradually matured into an industry with specialist roles, and more players in the market every year. This shift has seen more companies take on niche roles. This makes strong partnerships […]

Development Impact Bonds: An Opportunity For Private Investors In Africa?

Africa is a land that provides much opportunity for growth and development in poverty elimination, education and empowerment of the masses. The recent ratification of the Sustainable Development Goals (SDGs) brings much focus on investments required for African developmental targets. According to the African Infrastructure Country Diagnostic estimation, Africa is in need of at least […]

Two things I wish I had known when I started a small business

By Steven Cohen, Head of Sage One International (Africa, Australia, Middle East and Asia) One of the questions other entrepreneurs most often ask me is what I wish I had known when we first started the Pastel business in 1990. Looking back over the past 26 years, I can distil my answer into two key […]

Hoyahoye Ethiopian Ancient Tradition

Ethiopia is truly a place of great culture and celebrations. One worth witnessing is Buhe which is celebrated on August 19 of every year. Religiously the day marks the transfiguration of Jesus on mount Tabor. The celebration performed by young boys and men all over Ethiopia is breathtaking and exciting to watch in Addis Ababa […]

Why it’s the best time to invest in the Ethiopian Hotel Industry

While the Ethiopian economy continue to enjoy double digit growth, the hospitality sector is poised for further growth in the wake of increased number of inbound travelers into the country with expected opening of the AU Grand Hotel, Pullmann, Crowne Plaza,Wyndham Hotel Group, Crowne Plaza, Accor Group and Best Western. Being the third largest diplomatic […]

Ashenda the green carnival

Seriously who would not like a colorful most glamorized Carnival street parties. Let your good times roll at Ethiopia’s unique Ashenda festivals. The celebration is exclusive to Lasta Lalibela, North Sekota and Tigray. It is known as “Ashenda” throughout Tigray, “Shadey” in Wag Hemra and by “Solel” in Raya Kobo. Costumed revelers board throwing beads […]

Little known incredible facts about Ethiopia

Ever assumed Ethiopia is a place of just a common thing. Nope, it’s truly a stunning and adventures country with globally praised competitive economy in Africa.  At a glance Jumia Travel Africa’s leading online hotel booking website identified little known facts about Ethiopia you probably never heard before. Truly Ethiopia is far from a place […]

Singapore bets on Africa’s Agricultural Sector

Otavio Veras, Research Associate of the NTU-SBF Centre for African Studies Synopsis With more than 60% of its 1.166 billion people[1],[2] living in rural areas, Africa’s economy is inherently dependent on agriculture. More than 32% of the continent’s gross domestic product comes from the sector. However, agricultural productivity still remains far from developed world standards. […]

SEZs and the Industrialisation Drive in Africa

Dr. Adefolake Adeyeye Research Fellow of the NTU-SBF Centre for African Studies Africa has not had tremendous success with special economic zones (SEZs). Reasons for this include policies and institutional frameworks, unfriendly business environments, lack of zone management expertise and an infrastructure deficit. While some African countries are actively involved in reforms to reduce the […]

Shopping Destinations you should not miss in Ethiopia

Traditional markets in Addis Ababa certainly lives up to its name. The country has grown to be sprawling maze of vendors selling everything from spices to lamps to jewelry, and of course Ethiopian delight. There’s truly something for everyone here, Jumia Travel spotted markets that will owe your expectations. The market by itself is a […]

The Green Mountain of Debre Birhan

The gorgeous greener small town in Northern Shoa of Ethiopia, Debre Birhan found 130Km from Addis Ababa. This oldest town in Ethiopia was erected by King Zera Yacob in 14th century. In this small village, the hills are alive and greener with enchanting views and plenty of things to do. As experts in travel, Africa’s […]

Madagascar Singapore Business Forum 2016

by Otavio Veras, Researcher Associate of the NTU-SBF Centre for African Studies Synopsis This Wednesday, May 18th, Singapore was host for a very special guest: a delegation from Madagascar, the 4th largest island in the world, located in East Africa, Indian Ocean. The entourage was headed by His Excellency, Mr. Hery Rajaonarimampianina, President of Madagascar, […]

Breathtaking climbing at Abune Yosef Massif

Plan yet another stunning getaway, heed to the adventurous side of Abuna Yosef, the 6th tallest mountain in Ethiopia which rises over 13,000 feet. Laying at Lasta Semien Wollo Region, peaks, jagged cliffs, towering massifs and verdant jungles and wildest endemic animals offer unforgettable treasured memory. Jovago, Africa’s leading online hotel booking company invites you […]

Culture Transformation Is The Organization’s Secret Agent

Alike James Bond’s character, the fictional British Secret Service agent created in 1953 by writer Ian Fleming, I can see the culture transformation is your organization’s secret agent. Read the below lines to see the complete match. If you are an HR professional or mobilization consultant (AKA recruiter) in one of the secret agencies, the […]

Tourism an apex industry

The Tourism Indaba is the premier travel exhibition show on the African continent, hosted in the Indian Ocean city of Durban. The tourism industry has gained political mileage with the introduction of the visa regulations last year on the 01 June, which were later revised after intense lobbying by the tourism industry. The voice of […]

The Grand Opening of the first Golden Tulip in Kenya strengthens Louvre Hotels Group’s development strategy in Africa

Louvre Hotels Group, number one hotel group in East Africa, inaugurated its first hotel in Nairobi, pursuing its creation of a network covering all sub-Saharan African metropolitan areas. Already present in 8 sub-Saharan African countries, with 13 hotels comprising a total of 2,020 rooms under its Tulip Inn, Golden Tulip and Royal Tulip brands, Louvre […]

The Warmest Hospitable Town Gambela

Situated 844 kilometers west of Addis Ababa hiking in Gambela is one of the biggest trophies you can have on your travel wall of fame. Gambela is one of Ethiopia’s underrated cities. Tourism is still fairly minimal in this town, but there’s so much to discover. If you get off the beaten path and visit […]

Aspiration to Make Ethiopia Top Five Destination in Africa

Tourism is a booming industry in developing countries with ever increasing market share that account for two-thirds of globally sought destinations. In Ethiopia only, the industry generates $2.9 billion annually creating close to a million jobs covering 4.5% of the GDP. Travel & Tourism is an important economic activity in most countries around the world. […]

Merkato the Biggest Market of Africa

Merkato the adventurous open-air market situated on the capital city at Addis ketema district is the perfect stop for unique shopping day and sampling traditional spices. At Menalesh Tera, visitors have the chance to purchase exotic ingredients like sport cars spare parts, housing items and clothing’s at cheaper costs than the actual prices. Jovago Africa’s […]

Former Castle Museum in the Capital of Ethiopia

It’s not hyperbole to say that Ethiopia is home to many of ancient and best museums in the world. Among those the beautiful Haile Selassie’s former palace tops the list.  It’s the first university museum of the country. The history of this museum takes back to the early days of 1950. From the glamorous graders […]

The Stunning Landscape of Sheka Forest

Listed among UNESCO’s registered biosphere reserves, the unique landscape of Sheka Forest covers 238,750 hectares of forest. This southwest highland forest portrays spectacular natural phenomena being the only remaining tropical forest in Ethiopia. Jovago.com Africa’s leading online hotel booking company visited the place highlighting magnificent features of this refreshing destination. The experiences taken from this […]

Sights and Bites in Addis Ababa

Your budget travel plan will comfortably get you pretty far to Addis Ababa with adventures indoor and outdoor adventures. A land of history and unique natural sites are just the tip of the iceberg. There is so much more to this beautiful country and its capital city is no exception. It’s known for beautiful ancient […]