Following Ethiopian Government decision to liberalize its telecom market by partly privatizing the state owned telecom service provider – Ethio Telecom, South Africa based TMT Finance forecasts a record high growth in telecom investment in Africa in 2019.
The European Investment Bank agreed EUR 3.3 billion ($3.74 billion) of new financing in 2018 for private sector and infrastructure investment in 20 African countries.
The European Investment Bank (EIB) signed today a new loan with the Ethiopian Ministry of Finance and Economic Cooperation to further boost female economic inclusion and empowerment across the country.
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).
The European Investment Bank (EIB) announces on the margins of the IMF / World Bank Group Spring Meetings plans for a new debt product: a Sustainability Awareness Bond, highlighting the Bank’s key role in sustainable finance both in and outside of Europe.
The European Investment Bank (EIB), the EU Bank, and the International Monetary Fund (IMF), agree on Thursday to pool their expertise and experience to promote sustainable economic development, financial stability and inclusive growth in Africa.
The European Investment Bank (EIB) will support private equity investment across Ethiopia though support for the new $100 million Cepheus Growth Capital Fund, the Bank said.
The Vice President of the European Investment Bank, Pim van Ballekom, is expected to arrive Addis Ababa for the launching of a new private sector leasing and lending initiative in Ethiopia.