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AfDB Provides 30 Billion CFA Francs Loan to Mali

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The African Development Bank Group (AfDB) approved on Wednesday, May 8, 2013 in Tunis, a loan of 30 billion CFA francs to the Republic of Mali boosting the Bank's total funding to Mali to about 140 billion CFA francs.

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First Exchange in Africa Launches Contract for Difference

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Global Board of Trade, the first international multi‐asset bourse from Mauritius has successfully launched Contracts for Difference (CFDs) - where a buyer and a seller agree to exchange the difference in value of a particular underlying between the time when the contract is opened and when it is closed.

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Ethiopia’s Gibe III Hydropower Completion Likely to Delay

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BY NEW BUSINESS ETHIOPIA REPORTER

Completion of Ethiopia’s controversial 1870 Mega Watts Gibe III hydroelectric power project is likely to be postponed by a year because of construction and environmental issues.

Last Updated on Tuesday, 07 May 2013 13:38 Read more...

Accession to WTO Shows Governments’ Commitment to SMEs, Says Lamy

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BY NEW BUSINESS ETHIOPIA REPORTER

An accession to the World Trade Organization (WTO) means governments' commitment for the benefit of their private sector, in particular the SMEs which make up the economic tissue of many developing countries, according to Director-General of WTO, Pascal Lamy. 

Last Updated on Tuesday, 07 May 2013 09:31 Read more...

My Wish Enterprise Becomes Doosan’s Authorized Dealer for Ethiopia

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Doosan Construction Equipment, global manufacturer Excavators, Parts, Air Compressors, Lighting System, Generators and ADT(Articulated Dump Trucks), appointed My Wish Enterprise P.L.C., based in Addis Ababa, as the new Authorised Dealer in Ethiopia for Bobcat compact equipment. 

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