Private sector actors are increasingly being recognized as a major force in development. They drive economic growth through investment, employment and business creation. This growth is likely to contribute to long-term poverty reduction as private companies include the public as producers, suppliers, employees and consumers. Public-private partnerships that are based on the identification of complementary […]
Category Archives: African News
African Business News
The giant cliffs and magnificent rock formations of Mount Gheralta found in northern Ethiopia will take your breath away with its stunning landscape. The natural allure, stone-built villages and rock-hewn churches are definitely worth visiting. The Gheralta Mountains is found in Tigray region and incorporates more than 30 ancient churches dating back to the 9th […]
Compared to its counterparts in Sub-Saharan Africa which are growing by 5.4% on average, Ethiopia’s economy has continued to register growth with its gross domestic product (GDP) growing by an average of 10.9% in the past decade. It is shifting its priority to industry economic policy to sustain its growth. In Ethiopia, 75% jobs are […]
Ethiopia has several sophisticated ancient hotels that have breathtaking views and unique architectural designs. These accommodations showcase on site art gallery featuring works from local ancient artists. The historical hotels offer ancient yet modern accommodations, exquisite local and international cuisine and cozy spa treatments reminiscent of a royal treatment. Jovago, the largest hotel booking website […]
As more international companies make way for Ethiopia’s mineral wealth, the country opened its door to license more than 250 companies to excavate its natural treasures. The government is offering a variety of incentives to attract investors, including tax holidays, import-duty exemptions, lower royalty levels and guarantees on selling rights. Ethiopia’s mining sector is undergoing […]
Tis the season to be jolly, merry and more importantly spend time with family and loved ones. In Mauritius, the streets from the capital city to every single town around the island are lined with merry street vendors and even merrier shoppers all with the purpose to enjoy this wonderful time of the year and […]
Sliding into a bathtub after a long day is one of life’s little treats, and there’s nothing quite like the restorative dip in the healing hot springs at Sodere. This stunning spa complex is so trendy that people come to bathe in its therapeutic pools from all over the country. It’s found at 110 km […]
Ethiopia has the largest economy in East and Central Africa and is one of the fastest growing economies in the world, registering six to ten percent economic growth between 2004 and 2014 and a forecast of real GDP growth of 8.5 percent in 2015 and 2016 (IMF). The Ethiopian agrofood, plastics and packaging industry attracts […]
Tigray situated in the remote northern parts of Ethiopia offers the best trekking routes. Its sharp cliffs and towering rock columns are between the altitude range of 1,000 and 3,000. It’s an exciting place for walking and climbing. The warm weather condition is moderate allowing enjoyment of both the sun and trekking. Some of the […]
Mount Entoto is the highest peak 3,200 meters high creating stunning top view of the capital city, Addis Ababa. The city is established below this remarkable peak, Addis Ababa is the highest capital city in Africa. Mount Entoto is the best location to observe the stunning view of the entire capital city and its magnificent […]
Greener town in central Ethiopia, Ankober found in the Semien Shewa of the Amhara regional state. The beautiful town used to be the capital city of the Shewa kingdom during the time of Emperor Menelik. It remained to be the capital city until 1886 before Addis Ababa made the central government sit. Ankober the eastern […]
Home to nine UNESCO World Heritage sites Ethiopia complements Africa’s ancient creations. The Ethiopian ancient architectures portrayed at Lalibela and Aksum tell a lot about the Ethiopian ancient civilization and society. Situated in the highlands of northern Ethiopia, the Aksum masterpiece symbolizes the skill of ancient Aksum. As one of the most powerful states between […]
Lalibela is one of the UNESCO-registered heritage sites with cave churches from the 13th century. It is situated in a mountainous region in the heart of Ethiopia near a traditional village with circular-shaped dwellings. The place of pilgrimage and devotion Lalibela has eleven ancient churches carved out of gigantic rocks. Most of the constructions were […]
Ethiopia, the second most populated nation offers a wide range of great organic and healthy cuisines. In fact, it is often described as the land of bread, honey, and grains which make up the diet of its people. The long history of the country influenced by over 80 ethnic groups resulted in a culinary variety […]
UNESCO registered world site, Lower Awash Valley earned its global fame for several anthropological discoveries which date million years back. Situated 300 km in northeast of Addis-Ababa, near Afar depression Awash valley is one of the most important global heritage sites. The most spectacular finding came in 1974 when 52 bone fragments were reconstructed to create “Lucy”. Lucy stood about […]
Konso is one of the UNESCO-designated heritage sites for its outstanding landscape and terraced agriculture. It constitutes a spectacular portrait of tradition which has been in existence for four centuries. It demonstrates the engineering skill of the society and features the waga (wooden statutes) as a reminder of late family members, war heroes and respected […]
Following 142 new hotel development constructions in Sub Saharan Africa (SSA) in 2014, Ethiopia is ranked among the top 10 largest markets for international chain hotel developments. North Africa has the largest hotel development pipeline with a lion share of 41.4% while West Africa with 34.1% closely follows. Nigeria ranks the highest in terms of […]
Investments from international hotel chains and the spread of Jovago’s impact confirm a great growth of the hotel industry on the continent. Following 142 new hotel development projects in Sub Saharan Africa (SSA) in 2014, Ethiopia is ranked among the top 10 largest markets for international hotel chain developments. North Africa has the largest hotel […]
Ethiopia imbeds cross-cultural civilizations from North Africa, Sub-Saharan Africa and the Middle East. Gifted with unique historical wonders and pleasant hospitality, Ethiopia offers adventurous exploration opportunities. Ethiopia’s landscape and weather conditions makes it impressive. It has twelve months of sunshine where you can have a yearlong getaway. 1. As a place of incredible diversity and […]
MPULUNGU PORT in Zambia to be transformed. This is the theme of the forth coming Southern Africa-Zambia Chambers of Commerce and Industry (SAZACCI) Symposium to be held in South Africa soon on 29 July at Radisson Blu Hotel in Sandton. Evance Chanda, SAZACCI Executive Director has stated in a press release. The Symposium’s main speakers […]
Gys’s enterprising technology spirit was clearly evident at a young age when in his 20’s he started an online and offline transaction platform company that was eventually sold to SourceCom when the family business beckoned. What followed was a highly successful 18 years career in building the largest privately owned Concrete Masonry Business in South Africa. […]
Africa’s leading online hotel booking platform reveals top 7 business destinations It’s pretty hard to miss the buzz that has been on about the African economy, with large markets and a huge consumer market-base, Africa has become one of major hub of business in the world. The African continent is deemed the world’s fastest growing […]