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First African Entrepreneur Forum held

Calling it “the United States’ firm commitment to Africa’s young people,” the United States Mission to the African Union and blueMoon Advisory Services hosted the first African Entrepreneur Forum in the midst of the gathering of the 32nd African Union Heads of State and Government in Addis Ababa, this week.

Aleph Hospitality to manage GETFAM

GETFAM Hotel, a family owned enterprise located around Hayahuletarea of the capital is to officially be managed by the Dubai-based Aleph Hospitality – an emerging Dubai-based management company.

Service awards wheat supply to three companies

The Public Procurement and Property Disposal Service (PPPDS) has decided to award three international companies—Bunge. SA, Amropa AG and ADM International—the supply of 400,000 metric tons of wheat worth 3.47 billion birr, The Reporter has learnt.

Commission urges states to join single air market

The African Civil Aviation Commission (AFCAC) on Monday called up on African states to join the Single African Air Transport Market (SAATM), a year after its launch at the African Union heads of state and government summit held in Addis Ababa, Ethiopia.   

Guinea, Ethiopia agree on bilateral security, air transport et al

Arriving early to attend the 32rd ordinary summit of the African Union (AU), Guinean President Alfa Konde met with Prime Minister Abiy Ahmed (PhD) and inked seven bilateral pacts that involves establishing a Joint Ministerial Commission and Foreign Affairs Partnerships and have agreed to launch air transport links.

Qatar, AU to partner on irregular migration epidemic

As the status of thousands of Africans stranded in Libya is becoming an urgent priority within the African Union, the State of Qatar has announced an investment of 20 million USD to help evacuate vulnerable populations, including women and children from the war-torn nation.

Sher Ethiopia sales minority share to SGI Frontier

Afriflora Sher Ethiopia has sold a minority share of its operation in the country to SGI Frontier Capital – an American based private equity firm owned by Gabriel Schulze, the CEO of Schultze Global Investment, according to reliable sources who asked to stay anonymous.

Family Milk Introduces First Ever UHT Milk in Ethiopia

Family Milk, a leading dairy producer within Ethiopia is expanding its partnership with SGI Frontier Capital – an international private equity fund – to help expand its operations and introduce a new pioneering technology to the country.