The Commercial Bank of Ethiopia (CBE) has launched a scheme under which it will grant mortgage loans to nationals in the diaspora. The bank in a statement issued on Friday (5 October) said the loan targets non-resident Ethiopians and foreign nationals of Ethiopian origin. CBE chief Bacha Gina said the product was part of the bank’s vision to serve and …

The youth empowerment initiative to promote educational achievement in the African community in Germany holds its annual award ceremony at the premises of the IHK in Hamburg on Saturday, 13 October 2018. The annual African Youth Education (AYE) Awards aim to motivate young people of African origin in Germany to seek excellence in school. The scheme was initiated in 2011 …

The Norwegian Nobel Committee has awarded the Nobel Peace Prize for 2018 to Denis Mukwege and Nadia Murad for their efforts to end the use of sexual violence as a weapon of war and armed conflict. The Nobel Committee received more than 300 nominations for this year’s Peace Prize. The award, worth more than a million dollars, has been given …