CBE will lend more than 100 bil ETB loan to the private sector, agricultural inputs, & public enterprises.

Rose Okeke, a Nigerian writer, wins the James Currey Prize for African Literature 2022. Rose wins the £1000 award for her novel, ""Child of the Corn."" beating other shortlisted novels from 3 African countries. She also became an Oxford University fellow. The James...

...Scientists have discovered a long-extinct species of fossils in Ethiopia that is the size of a modern lion. Several international excavation teams discovered the fossils over the years. It was recently described in the French scientific journal Comptes Rendus...

Professor Eric Yirenkyi Danquah, Founding Director of the West Africa Centre for Crop Improvement (WACCI), wins the 2022 Africa Food Prize at the AGRF2022 Summit in Kigali, Rwanda. He won a $100,000 cash prize for his outstanding scientific and academic contributions...

Nestcoin's blockchain gaming platform, Metaverse Magna (MVM), is a gaming group of emerging markets and an Africa-focused web3 startup. MVM was created by Nestcoin in collaboration with Old Fashion Research, a multi-strategy blockchain investment fund, to create a...

Apollo Hospitals, an Indian multinational healthcare group, and Eclipse Group Africa, a subsidiary of Eclipse Group UK in the hotel and leisure industry, have signed an MoU to establish a cancer care center in the Msasani area of Dar es Salaam, Tanzania. As part of...

At the 2022 African Green Revolution Forum in Kigali, the African Green Revolution Alliance (AGRA) and the Global Alliance for Improved Nutrition (GAIN) signed a new agreement. AGRA and GAIN signed a new five-year agreement to work on the African agriculture and...

Africa Data Centers, part of the Cassava Technologies group, is the continent's largest network of interconnected, carrier, and cloud-neutral data center facilities. It is a leading communications solutions provider across 13 countries, primarily in Eastern, Southern,...

Universal Corporation LTD (UCL), a Kenyan manufacturer, has become the first African manufacturer to receive World Health Organization quality assurance certification (pre-qualification) for an antimalarial drug used to prevent infection in pregnant women and...

Grifols and the Egyptian government are establishing the first African plasma factory in Cairo. Grifols is a global healthcare company, established in Barcelona in 1909. The company works toward easing health care hardship by combining expertise, technology, and...

Gebeya Inc., an Ethiopian-based company, is one of the top 20 finalists for Africa's Business Heroes (ABH) competition 2022. Gebeya is a Pan-African online freelance talent marketplace providing enterprise management services with its headquarters in Addis Ababa. It...

Forbes Africa lists Africa's top 20 musicians of 2022 for their record-breaking contribution to the entertainment industry. Forbes Africa recognizes the shift in the music industry that African artists are bringing to the table. The world's highest stream of African...

Ocean Glory Commodities wins Africa's Best Brands Award for the Best World-Class Shipping Company of 2022. Ocean Glory Commodities is a Nigerian shipping and maritime company recognized for its managerial and operational performance and global competitiveness. The...

Africa's Space and Satellite Industry is now worth $19.49 billion, surpassing the continent's GDP growth rate. The industry has a projected 16.16% increase to $22.64 billion by 2026. It is contributing tremendously to enhancing Africa's economy and accomplishing...

The Global Startup Award is the world's largest independent startup ecosystem competition, with its headquarters in Copenhagen, Denmark. It is funded by the Global Innovation Initiative Group (GIIG) Africa Fund and supported by The Loudhailer, an internationally...