After 45 years in the business, Dan Lift Technology Company, probably the only native lift-maker in the continent is said to be under tremendous pressures as adversities made it difficult for the company to carry on its previous level of operations.
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.
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.
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.
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.
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.
Teaming up to exploit trade and tourism upshots from the upcoming Dubai trade fair, the Agricultural Transformation Agency (ATA) and the Ethiopian Tourism Organization (ETO), seek to secure USD 63 million worth of trade deals.
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.