Yaoundé: Cameroon’s draft finance law for the 2025 fiscal year proposes a significant 94.2% reduction in fuel price subsidies, decreasing from 263 billion FCFA in 2024 to just 15 billion FCFA in 2025. This move aligns with recommendations from the Int…
Yaoundé: Cameroon has unveiled its proposed state budget for the 2025 fiscal year, totaling 7,317.7 billion FCFA. This balanced budget, which aligns resources with expenditures, reflects an increase of 39.6 billion FCFA (0.5%) compared to the 2024 bud…
Addis Ababa: With a young and entrepreneurial population, coupled with a growing economy, Ethiopia offers numerous opportunities for foreign direct investment (FDI), Head of Cooperation at the Finnish Embassy in Addis Ababa, Tomi Sarkioja underscored….
Addis Ababa: The Industrial Parks Development Corporation (IPDC) disclosed that it has attracted 300 million USD worth of investments in the first quarter of the current Ethiopian fiscal year. Some 45 investors have already engaged in various industri…
Addis Ababa: Deputy Prime Minister Temesgen Tiruneh underlined that we must ensure Africa that does not only participate in the global digital economy but leads in innovation.
The Deputy Prime Minister delivered a keynote speech at the 9th Session o…
Addis Ababa: Ethiopia and Germany have signed a 30-million grant agreement to support significant initiatives including the Fund for Increasing Productivity through Innovation in Agriculture II and the Promotion of Ethiopian Private Sector II (SME Cre…
