The Ivorian minister of transport, Amadou Koné, announced plans to strengthen the partnership between Air Côte d'Ivoire and Ethiopian Airlines. In an interview with Afrikipresse on January 19, the official said discussions were held on promoting Ethiopia’s Addis Ababa-Abidjan-New York JFK service and establishing connections to other destinations such as Montréal and Washington via...

The government of Egypt is seeking to increase the capital of its social wealth fund to EGP1,000 billion ($63.3 billion) from the current EGP200 billion ($12.6 billion). The announcement was made yesterday by the Minister of Planning and Economic Development, Hala el-Saeed, in London, on the sidelines of the Africa-UK Summit. The terms of this capital increase were not however specified. The...

Solomon Belay, Head of the Ethiopian Space Science and Technology Institute (ESSTI), announced last week that China will help Ethiopia establish a continental satellite data receiver station. The facility is the fruit of a partnership that also implies that Ethiopia benefits from China’s expertise in training space engineers and launching satellites. The project will be implemented in Addis...

Actors of the international civil society are calling world leaders at the World Economic Forum currently taking place in Davos, Switzerland, to support a genuine international tax reform that would benefit everyone. According to the Independent Commission for the Reform of International Corporate Taxation (ICRICT), “all countries have a stake in developing a sustainable international tax...

The UK-Africa summit, held yesterday in London, concluded with 27 deals worth more than $8.4 billion dollars inked between British companies and their African partners. According to the British government, the UK’s “expertise and innovation in technology, clean growth, infrastructure, and finance can feed Africa’s demand for sustainable growth.” The agreements will allow...

AXIAN is the first African partner to join the investors club “Blisce/ pledge club” of the Blisce/ venture capital company. Founded by entrepreneur Alexandre Mars (photo), Blisce/ is present in Europe and the United States and supports entrepreneurs in the creation of innovative brands and technology companies worldwide. AXIAN thus becomes familiar with the venture capital’s approaches...

Moroccan group Intelcia announced it is opening a branch dedicated to IT development -Intelcia IT Solutions. The call center manager and leader in customer relations services says the new branch with a capital of MAD2 million was designed to meet its customers’ needs for IT solutions. This strategy aligns with the company’s development vision to step into high-potential sectors such as IT...

The Food and Agriculture Organization wants to mobilize $70 million to curb Desert Locust invasion in East Africa, with particular focus on Somalia, Ethiopia, and Kenya, where the pests have already destroyed hundreds of thousands of acres of crops. While the authorities in the affected countries have already started control activities, these actions may not be sufficient in the long term...

Currently, under investigation for corruption in her country, Angolan billionaire Isabel dos Santos (pictured, right), reacted this week to the findings of a report by the International Consortium of Investigative Journalists (ICIJ). For the 46-year-old woman, the new investigation produced by more than 120 journalists is just another political attack by the Angolan government. The new...

The International Finance Corporation (IFC) plans to grant Morocco $100 million for the construction of two tramway lines (lines 3 and 4) and rural roads in Casablanca-Settat region. The loan deal will be signed come January 23, sources said. Work for the lines will be conducted by local company Casa Transports, which specializes in infrastructure and urban transport works. This project...