Africa business forum in Ethiopia to focus on prosperity
The third round of Africa Business Forum scheduled in Addis Ababa, Ethiopia next month is set to focus on investing in people, planet and prosperity.
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Tag: energy
Ethiopia invites South African investors to buy State enterprises
Prime Minster Abiy Ahmed of Ethiopia, who was in a two - day’s state visit in South Africa invited South African businesses to invest in his planned privatization of state enterprises.
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Ethiopia inflation continues growing in double digits
The country level overall inflation rate in Ethiopia (annual change based on 12 months Moving Average) rose by 15.8 percent in December 2019 as compared to the one observed in a similar period a year ago.
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Ethiopia invites Israelis to invest in telecom, energy
Prime Minister Abiy Ahmed of Ethiopia invites Israeli investors to consider investment in his country in telecom, energy, aviation and logistics sectors.
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Ethiopia to launch $2.5 billion geothermal electric project
Ethiopia, the east African nation currently facing severe energy shortage, is set to begin implementation of a new 520 MW geothermal electric power project.
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Ethiopia collects $114 million from selling electricity
Ethiopia Electric Utility (EEU) collects 3.2 billion birr (about $114 million) bill from its customers during the first six months of Ethiopian calendar started July 8, 2018.
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Kenya’s 100,000 green homes initiative moves forward
UNOPS landmark affordable housing agreement with the government of Kenya has taken a major step forward this week, following further details of the project announced by Executive Director of UNOPS Grete Faremo in New York.
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Africa renewable energy projects secure $25 million equity investment
The Board of Directors of the African Development Bank (AfDB) Group has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF).
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African Development Bank launches Africa Energy Portal
The African Development Bank has launched the Africa Energy Portal (AEP) at the Africa Investment Forum in Johannesburg, South Africa.
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Ethiopia launches $7 billion energy, road projects
Ethiopia launches $7 billion public private partnership (PPP) projects that focus on new road construction and energy development, said the Office of Public Private Partnership.
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Innovative finance, new technology connect underserved populations
New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting goods and services to end users, and connecting underserved populations to business value chains, said the African Development Bank (AfDB).
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U.S. provides $900 million to Africa, Asia, Latin America projects
The Overseas Private Investment Corporation (OPIC) of the United States government on Thursday approved $895 million in financing and political risk insurance across seven projects that will advance development in Africa, Asia and Latin America.
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