• Etiopia

    IFMIS concerns continue as second company disputes process

    Controversy has erupted since one of the bidders in the latest Integrated Financial Management Information Systems (IFMIS) rollout project filed a complaint against the winning company in the bid evaluation process. However, the project owner, the Ministry of Finance and Economic Cooperation (MoFEC) rejected the company’s request asking the ministry ...

  • USA Etiopia

    Ethiopia slipping on rule of law, claims report

    Ethiopia’s overall rule of law performance places it at 16 out of 18 countries in the Sub-Saharan Africa region, 10th out of 12 low income countries and 107th out of 113 countries, a report by the World Justice Project (WJP) claims. The WJP Rule of Law Index 2016 states that ...

  • Etiopia

    EEP awards HQ project to Chinese contractor

    Ethiopian Electric Power (EEP) awarded its new Head Quarter construction project to Chinese contractor CGCOC Group. EEP stated that the project that is estimated to cost 2.5 billion birr has been awarded to a foreign contractor due to the scale and complexity of the project as well as lack of ...

  • Kenya Etiopia

    UBER for Ethiopia?

    The mobile application Uber was considered a game changer because it was one of the inspirations for the sharing economy, where people could start business using their own phone and property. Soon many similar companies such as Lyft popped up all over the world. Uber is even in neighboring Kenya ...

  • Nigeria

    Nigeria: Irony of Nigeria's Investment Drive

    [This Day] In one breath, Nigerian leaders travel abroad in search of foreign investments and in yet another, turn around to frustrate the investors.

  • Nigeria

    Nigeria: Eko Atlantic to Boost Nigeria's FDI Drive

    [This Day] Eko Atlantic, the rising smart city being developed from reclaimed land on the shores of Victoria Island is attracting more and more international investors as awareness about the new city's potentials grows among the international audience. As such, the project is expected to be one of the leading ...

  • Singapore

    S'pore economy to be "slightly higher" next year: Central bank

    SINGAPORE - The Singapore economy is expected to grow at the lower end of the 1 to 2% range this year and is not expected to improve substantially next year, the Monetary Authority of Singapore said Tuesday.

  • Indonesia

    Indonesia may abolish licences for food commodity imports

    JAKARTA - Indonesia may abolish the licensing system for importers of some food commodities and put in place a tariff system in order to open its economy, a government official said on Tuesday.

  • Giappone

    Nissan hiring 300 to develop common connected car technology

    The top executive overseeing connected vehicles at Nissan and Renault believes the benefits of developing a common technology for connectivity within the Japanese and French auto partnership outweigh the risks of sustaining huge damage from a possible defect or cyberattack. Ogi Redzic, senior vice president at the Renault-Nissan Alliance, oversees ...

  • Giappone

    31.9% of new graduates quit first job within three years

    A government annual survey has found that 31.9 percent of people who started work just after graduating from a university in March 2013 left their job within three years, the labor ministry said. The figure fell 0.4 percentage point from last year’s survey for the second consecutive year of decline. ...