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Shifting energy gears in manufacturing

Shifting energy gears in manufacturing

September 8, 2022

By Sibongile Thobakgale – Manufacturing is an inherently energy-intensive sector. According to the EIA, 35% of energy consumption in the US is attributed to the industrial sector of which 81% is used…

Elekta joins IFC’s Africa Medical Equipment Facility

Elekta joins IFC’s Africa Medical Equipment Facility

September 8, 2022

Elekta, one of the top providers of radiation therapy for treating cancer, joins International Finance Corporation’s (IFC’s) Africa Medical Equipment Facility to expand access to cancer care in the continent.

Nissan to acquire shares in Vehicle Energy Japan Inc

Nissan to acquire shares in Vehicle Energy Japan Inc

September 7, 2022

Nissan Motor Co., Ltd. announces that it has entered into a definitive agreement to acquire shares in Vehicle Energy Japan Inc., a company engaged in the automotive lithium-ion batteries business. Nissan will…

What to expect from foreign banks coming to Ethiopia

What to expect from foreign banks coming to Ethiopia

September 7, 2022

By Andualem Sisay Gessesse – Banking sector in Ethiopia has been closed for foreign banks due to the government policy that aims to protect local private banks, which started mushrooming since 1995.

Ethiopia finally opens door for foreign banks

Ethiopia finally opens door for foreign banks

September 3, 2022

During its weekly meeting, the Council of Minister of Ethiopia today approved the long-awaited policy that allows foreign banks to operate in Ethiopia for the fist time.