Category: Business

Ethiopia Doubles Coffee Production in Five Years : PM Abiy

Addis Ababa: Prime Minister Abiy Ahmed has announced the impressive achievement of doubling Ethiopia’s annual coffee production from 500,000 tons to over 1 million tons within the last five years.

This significant milestone was highlighted during a n…

Addis Ababa Mayor Wins 2024 Seoul Smart City Leadership Award

Addis Ababa: Addis Ababa City Administration Mayor Adanech Abiebie has been recognized as the winner of the 2024 Seoul Smart City Leadership Award in South Korea.

‘On behalf of the city administration, I am honored to congratulate you on winning the …

PM Abiy Says Coffee Sector Growing Despite Challenges

Addis Ababa: Coffee is the pillar of Ethiopia’s economy as the sector is growing despite many challenges, Prime Minister Abiy Ahmed remarked.

Coffee is the pillar of our economy, and the progress we’ve made in its production reflects that, PM Abiy wr…

Kenya’s inflation declines by 0.8 percent

Kenya’s overall inflation declined to 3.6 percent in September 2024 from 4.4 percent in August, thereby remaining well below the mid-point of the target range.

Inflation is a gradual loss of purchasing power that is reflected in a broad rise in pric…

Traders decry high cost of living

Small-scale traders at Kisumu’s Jubilee Market have decried the rising transport costs for goods and commodities which threatens to push them out of business.

This coupled with the high cost of living has seen the number of customers drop as local v…