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Rosa Okeke wins the James Currey Prize for African Literature
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...
CBE achieves its highest annual revenue in its history
The state-owned Commercial Bank of Ethiopia (CBE) surpassed the ETB 100 billion revenue threshold in the fiscal years 2021–22, setting the highest annual revenue in the bank's history, according to a publication by Ethiopian Investment Holdings (EIH). In comparison to...
Scientists discover Africa’s oldest dinosaurs in Zimbabwe
Scientists have discovered the remains of Africa's oldest dinosaurs, which lived around 230 million years ago, in Zimbabwe. The dinosaur, known as Mbiresaurus raathi, was found on two expeditions in 2017 and 2019 by a group of researchers from Zimbabwe, Zambia, and...
Scientists discover a long-extinct species in Ethiopia the size of a modern lion.
...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...
Prof. Eric Yirenkyi Danquah Wins 2022 Africa Food Prize
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...
Zay Ride and Garri Logistics Selected for Startups Black Founders Fund
Zay Ride, a ride-hailing company, and Garri Logistics, a digital freight brokerage company, are among the 60 start-ups selected for the Startups Black Founders Fund for Africa. Zay Ride and Garri Logistics, founders, will be part of the Startups Black Founders Fund...
Ahlam Hamid won gold at the Karate-1 Premier League
Ahlam Hamid, an Egyptian karate player, won gold at the 2022 Karate-1 Premier League Karate championship. Hamdi won after defeating Ukrainian Anzhelika Terliuga, the 2022 European Karate Championships winner. Hamid competed in the 55 kg weight class and won her first...
AAU ranks 6th among Africa’s Top Universities
Addis Ababa University ranks 6th among Africa's Top Universities by Times Higher Education ranking data. Aswan University shared the 6th rank with AAU. AAU climbed up the rankings for its performance in the school's academic research, reputation, and overall ranking...
Metaverse Magna secures $3.2 million to build Africa’s largest crypto gaming community.
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...
Ethiopia National Team Secures a Spot in CHAN 2023
Ethiopia's national team secures a place in the 2023 African Cup of Nations (CHAN), which will be held in Algeria. The Ethiopian national team, coached by Wubetu Abate, played their first double-leg game with Rwanda in Tanzania after CAF excluded Bahir Dar stadium...
Binance partners with Nigeria to build West Africa’s first digital economic zone
Binance, a cryptocurrency exchange platform, is collaborating with Nigeria to establish West Africa's first digital economic zone, similar to Dubai's virtual free zone. Nigeria will be able to be part of the near trillion-dollar virtual economy globally. Nigerians...
Bego Sew Award announces its 2022 winners
The Bego Sew Award has been recognizing and honoring individuals in many categories for the past ten years, founded to honor individuals who are making a difference in Ethiopia. The 2022 award announced nine winners in different categories and a special award. The...
Five BPO companies to take part in Dubai Int’l Tech 2022 Fair
The Ethiopian Ministry of Innovation and Technology announced that five Ethiopian Business Process Outsourcing (BPO) companies that engage in business outsourcing have been selected from those who have applied to participate in the conference. The five companies to...
A new policy allows foreign investors to access Ethiopia’s banking sector
The Council of Ministers approved a new policy on September 3, 2022, that allows foreign investors to access Ethiopia's banking sector. The Ethiopian government's announcement of its new policy is due to Ethiopia's foreign currency shortage and low access to the...
Apollo Hospitals & Eclipse Group Africa to open a cancer care center in Tanzania
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...
AGRA and GAIN collaborate to strengthen African food systems.
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...
Zambia Gets IMF Board Approval For A $1.3 Billion
The International Monetary Fund (IMF) approved a 38-month arrangement with Zambia to restructure the massive debt that has destroyed the economy of the southern African nation. The IMF program aims to restore Zambia's macroeconomic stability and foster higher...
Wudassie offers a free diagnostic service for its “”Puagmen le Tena”” program.
Wudassie Diagnostic Center (WDC) was founded in 2008 by Dawit Hailu and his family. It was one of the country's first diagnostic centers to offer MRI, CT Scan, Digital X-ray, Ultrasound, EKG, and ambulance services. WDC offers cutting-edge diagnostic imaging services...
Kunle Awosika becomes Managing Director of Microsoft’s Africa Transformation Office (ATO).
Nigeria's Kunle Awosika becomes Managing Director of Microsoft Africa Transformation Office(ATO). Kunle Awosika takes the place of Wael Elkabbany, who stepped into a new role at the African Regional Cluster. He has over twenty-two years of experience working in...
Ethiopia’s National Influenza Laboratory (EPHI) Becomes WHO’s National Influenza Center.
Ethiopia's National Influenza Laboratory (EPHI) has been recognized as a World Health Organization (WHO) National Influenza Center (NIC). A WHO team led by the WHO Global Influenza Surveillance and Response System (GISRS) Lead, a technical specialist...
FBN wins Best Consumer Digital Bank in SA &Best Mobile Banking App in Africa.
The first-round winners of Global Finance's 23rd annual World's Best Consumer Digital Bank Awards have been announced. South Africa's First National Bank (FBN) has been named Best Consumer Digital Bank in South Africa and Best Mobile Banking App in Africa. FBN is...
Athlete Derartu Tulu receives an honorary doctorate from Bahir Dar University.
At the ceremony held on August 27, 2022, Dr. Derartu Tulu, President of the Ethiopian Athletics Federation, receives an honorary doctorate from Bahir Dar University. Bahir Dar University recognized this exceptional athlete for her dedicated work toward Ethiopian peace...
African Data Center started the expansion of its Samrand facility in Johannesburg
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,...
Ethiopia Receives The First Gas Reserves Certificate For 7 Trillion Cubic Feet
The Ethiopian Minister of Mines and Petroleum receives the first gas reserves certificate for Ogaden's 7 trillion cubic feet of natural gas. Netherland Sewell & Associates, a petroleum property analysis and consulting firm, verified the existence of 7 trillion...
WHO Approves Africa’s First Locally Produced Malaria Drug For Pregnant Women And Children.
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...
Safaricom Ethiopia Launches Its First Customer Pilot Service in Dire Dawa.
afaricom Ethiopia launches a large-scale customer pilot of its network in Dire Dawa city as part of its phased city-by-city regional network rollout and attentive service testing. Safaricom plans to launch its services in 25 cities by April 2023. The customer trial in...
Cairo Soon To House The First African Plasma Factory
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 Makes It To The Top 20 Africa’s Business Heroes Prize List 2022
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
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...
Sidama Farmer Wins The Cup Of Excellence Ethiopia (COE) 2022
The Sidama coffee farmer, Legese Botosa, produces the top-scoring coffee for the Cup of Excellence Ethiopia (COE) 2022. Legese won first place earlier this summer with his sun-dried natural coffee, earning a high score of 90.69. Because of the rigorous selection...
Addis Ababa Become 2022 C40 Cities Bloomberg Philanthropies Awards Finalist
Addis Ababa is 1 of the top 20 finalists for the C40 Cities Bloomberg Philanthropies Awards 2022. This year's competition featured seventy cities, with two-thirds of the top 20 finalists from the regions of Latin America, Asia, Africa, and Oceania, who showcased what...
Ocean Glory Commodities wins Africa’s Best Brands Award 2022
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...
Dr. Berhanu Bulcha, NASA Engineer, develops a Tiny, High-Powered Laser
Dr. Berhanu Bulcha, NASA Engineer, develops a Tiny, High-Powered laser to find water on the Moon. Dr. Berhanu Bulcha is a Goddard engineer at NASA. Goddard engineers design and build spacecraft while the scientists and technicians develop and support those missions....
Africa’s space and satellite industry is now worth $19.49 billion.
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...
CBE Launches “Nedaj” a Fuel Payment Mobile App
The application, "Nedaj," officially launched on August 18, 2022, after Dahlak Yigezu, Deputy Manager of the CBE's Digital Banking Department, signed an agreement to implement it with Besufeqad Getachew, founder, and CEO of EagleLion Systems Technology Company. The...
AUC Venture Lab receives the Best Accelerator in Africa at the Global Startup Awards (GSA)
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...
Bahir Dar University receives a $7.7 million grant from USAID
USAID announces a $7.7 million grant to Bahir Dar University to train 750 disaster risk management professionals. Feed the Future Ethiopia's Resilience Platform is the largest single external investment in BDU's history. It comes after nearly two decades of US...
Ethiopia plans to host its first-ever African Tech Expo
Ethiopia plans to host its first-ever African Tech Expo from September 7-9, 2022, at the renowned Skylight Hotel, organized by Jorka Events Communication. The exhibition focuses on solar technology, electric vehicles, digital payment systems, telecommunications, and...