US software giant Microsoft has launched Windows Vista in Amharic, the national language of Ethiopia. "Launching the Amharic version software is a major step forward for Amharic to be a language of technology", Director of the Ethiopian ICT Development Agency (EICTDA), Debretsion Gebremichael has said. 40 scholars from the Addis Ababa...

Standard Chartered Bank and China Unionpay have struck a deal that will enable Unionpay cardholders worldwide access the bank's ATM services in 20 countries in Africa. China has over the last decade become the world's largest investor into Africa, injecting billions of dollars in various projects across the continent. Analysts say...

United States supported, Millennium Challenge Corporation (MCA), has announced its plans to expand its operations in Africa as more countries meet democracy requirements. Africa, which accounts for about 70 percent of the corporation’s total funding of .2 billion, has 11 countries where so-called compacts, or programs, are underway. MCA…

The biggest second hand market - 'Adjame Black Market' - in Abidjan, the capital city of Ivory Coast, was razed down early Saturday morning at about 5:00 am causing extensive damage to hundreds of shops where you can get textiles, clothes, computers, Freezers, mobile phones, building materials, carpentry and handcrafts. It...

Continued economic developments across the continent have necessitated the need to expedite the implementation of a massive hydro power project by the African Union (AU). The project dubbed ‘Hydropower 2020’ is an initiative of the African Union that seeks to increase power generation capacity for Africa and enhance socio-economic development…

The Zambian annual rate of inflation for the month of January 2010 has recorded a decline of 0.3 percentage points and now stands at 9.6 percent. The Central Statistical Office has attributed this reduction to the 3.6 percentage point decrease in some food prices while non-food products in the consumer price...

Nigeria may soon end the days of transporting its crude for refining offshore. The Nigeria Minister of State for Petroleum, Odein Ajumogobia has announced that the country is happy to partner with India in processing crude locally after a meeting with Indian business delegate and minister of Petroleum and Natural...

One of Nigeria's foremost business firms, the Dangote Group has repaid a .27 billion loan obtained from a conglomerate of 10 banks in Nigeria. The loan was taken in May 2008 to finance its cement expansion project with a target to crash the price of the commodity from about N1, 800...