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Japan trips over African indebtedness to avail ODA through TICAD VII

With less than two months left until the upcoming Seventh Tokyo International Conference on African Development (TICAD), which is scheduled to be held in the Tourist-marvel city of Yokohama, the Japanese foreign assistance apparatus is still pondering over the level of envelope Official Development Assistance (ODA) package for African economies, to be announced for the coming three years.

Sasakawa launches continental workshop program

The Sasakawa Africa Fund for Extension Education (SAFE) commenced its biennial continental technical workshop on Wednesday, aiming to conceptualize the process of mainstreaming Sasakawa Africa Association (SAA) filed level extension over African Universities and Agricultural Colleges.

China calls more African countries to join BRI

China has called on more African countries to join the Belt and Road Initiative (BRI), dubbed ‘project of the century,’ during the dialogue that was held on May 30, 2019 in Addis Ababa. The head of Chinese Mission to the African Union (AU), Ambassador Liu Yuxi, called on all parties to pool wisdom and strengths to join the cooperation under the BRI.

MoFA launches investigation into Map incident

The Ministry of Foreign Affairs (MoFA) apologized for the use of an inappropriate political map of the African continent on its website on Saturday, May 25, 2019, and said that the Ministry usually uses official maps drawn up by the Ethiopian Mapping Agency.

Ethiopia’s cannabis potential valued at USD 10 billion

The African Regional Hemp & Cannabis Report, 2019 industry outlook, a study by New Frontier Data, a Washington based research institute, indicated that cannabis, which is a genus of flowering plants in the family of Cannabaceae, recognized for its use in medical or recreational purposes, potential in Ethiopia has a market potential of USD 9.8 billion, standing second in the continent only following Nigeria’s USD 15.3 billion industry.

54 Capital partners with MiNT

54 Capital Group, the African-focused asset management company, which is headquartered in Dubai and London with a growing interest in Ethiopia, has donated six million birr to facilitate innovation and technology startups and development.

FinTech players gather in Addis Ababa

The second edition of Finnovation Ethiopia has brought together some 200 financial technological innovators and disruptors at the Radisson Blu hotel in Addis Ababa on March 11, 2019.

The gathering of FinTech players in Addis Ababa this year is part of the Fintech Africa Series which regularly gathers stakeholders and influencers in the African Fintech environment ranging from start-ups to key markets across Africa and the globe.