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 […]
Category Archives: African News
African Business News
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 […]
More South Africans will soon get to experience a trendy, new fast but personalised restaurant concept, now that the Spur Corporation (“Spur”) is set to acquire the majority stake in RocoMamas. The JSE-listed multi-brand restaurant group is buying a 51% share in RocoMamas, a Gauteng-based niche brand, fast developing a following for its customised but […]
Many companies in the FMCG, machinery, automobile, textiles, equipments, food & beverage sectors have products and services that are in increasing demand in Cameroon or central Africa in general. Though Cameroon might rank high in areas they are suppose to rank low such as corruption and human rights and rank low in areas they are […]
The Carlson Rezidor Hotel Group – born in early 2012 – is one of the world’s largest and most dynamic hotel groups. The portfolio of the Carlson Rezidor Hotel Group includes more than 1,300 hotels, a global footprint spanning 80 countries, a powerful set of global brands (Radisson Blu, Radisson®, Country Inns & Suites by […]
NEW YORK, Dec., 2012 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue: South Africa Platinum Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major Projects and Competitive Landscape http://www.reportlinker.com/p01057646/South-Africa-Platinum-Mining-Market-Overview-and-Forecast-to-2020-Trends-Fiscal-Regime-Major-Projects-and-Competitive-Landscape.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Metal_and_Mineral South Africa Platinum Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major Projects and Competitive […]
By Thandisizwe Mgudlwa Alcatel-Lucent has a success story to tell. Its stories, references and activities in Africa in 2012 is a lesson for many other organizations who what to make it big on the continent. In a recently published document Alcatel-Lucent shares references, successes, achievement and activities in Africa; as well as vision of African […]
STORY HIGHLIGHTS Social protection, which comprises both social assistance and social insurance programs, is a powerful tool to reduce poverty and vulnerability The World Bank has a new 10-year strategy for social protection in Africa (2012-2022) The vision is to help governments build country-owned national social protection systems Social protection, once thought of as exclusive […]
By Thandisizwe Mgudlwa The latest reports on African Connectedness are showing great things for the future. And African countries are showing the largest increases in their global connectedness, according to DHL. While recent announcements from Cape Town, South Africa reveal: • The countries with the largest increases are Mozambique, Togo, Ghana, Guinea and Zambia • […]