Nigeria has taken a major step towards returning more than 100 citizens imprisoned in Ethiopia under a new bilateral agreement. The prisoner transfer agreement between Nigeria and Ethiopia is set to pave the way for the repatriation of…

United Capital Plc is ready to expand across Africa following the acquisition of investment-banking licences in Ethiopia and Rwanda . On Monday, the company became the first foreign institution approved to offer investment banking…

President of the Dangote Group, Aliko Dangote, has announced a significant increase in the Group’s investment in Ethiopia, rising from $2.5 billion to over $4 billion, covering critical infrastructure such as a 110-kilometre pipeline, a…

Ethiopia has landed $13 billion in investment deals, according to the state investment commission, following a conference designed to draw capital into various economic sectors. Like many growing economies in Africa, the East African…

Dangote Industries Limited has secured a $4.2 billion long-term natural gas supply agreement with China’s GCL Group to power a major fertiliser expansion project in Ethiopia, marking a significant step in Africa’s industrial development…

Vice President Kashim Shettima has left Abuja for Addis Ababa, Ethiopia, where he will represent President Bola Tinubu at the 2026 African Union (AU) Summit. The high-level gathering, which brings together African heads of state and…

President/Chief Executive, Dangote Group, Aliko Dangote,  has led the groundbreaking of a $2.5 billion fertiliser plant in Gode, Ethiopia. A statement by the company said the project, a partnership between Dangote Group and Ethiopian…

Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have signed a pact that ceded 60 per cent to the Nigerian firm in a shareholders' agreement to develop, construct, and…

At Merkato, the sprawling commercial heart of Addis Ababa, in Ethiopia, traders have grown used to disappointment. For years, securing hard currency through official channels was an exercise in futility. Kalid Mohammed, a…

Eastern and southern African regional blocs have appointed former leaders from Ethiopia, Kenya and Nigeria to oversee their peace process for the Democratic Republic of Congo where fighting has intensified in the east of the country. The…