investor confidence – New Business Ethiopia

Economy

Recent macroeconomic, financial developments in Ethiopia

June 24, 2021

Ethiopia Economic Update by African Development Bank- Ethiopia’s economy grew by 6.1% in 2020, down from 8.4% in 2019, largely because of the COVID–19 pandemic.

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Economy

Namibia gets $129 loan to boost economy

March 12, 2020March 12, 2020

The Board of Directors of the African Development Bank has approved a $129.4 million (ZAR 2.011 billion) loan to finance the Namibia Economic Governance and

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Andela Announces $200 million investment led by SoftBank

Investment

Andela Announces $200 million investment led by SoftBank

September 30, 2021

Andela, the global network for remote engineering talent, today announced $200 million in Series E…

Djibouti based investors to establish abattoir in Ethiopia

Investment

Djibouti based investors to establish abattoir in Ethiopia

September 18, 2021

In a bid to best exploit & add value to the untapped massive livestock resource…

Abidjan set to host Africa Investment Forum

Investment

Abidjan set to host Africa Investment Forum

September 17, 2021September 17, 2021

The Africa Investment Forum will hold its 2021 Market Days in Abidjan, Côte d’Ivoire, from…

Investment

Align Financial Holdings acquires NationsBuilders Insurance Services

August 28, 2021

Align Financial Holdings, LLC, a leading general agency and specialist program underwriting manager, announced that…

Ethiopia, Switzerland agree to avoid double taxation

Investment

Ethiopia, Switzerland agree to avoid double taxation

July 29, 2021July 29, 2021

The Government of Ethiopia today signed double taxation avoidance agreement with the Government of Switzerland.…

Algeria's Groupe Industriel Sidi Bendehiba to invest in Ethiopia

Investment

Algeria’s Groupe Industriel Sidi Bendehiba to invest in Ethiopia

July 1, 2021

Algeria's Groupe Industriel Sidi Bendehiba (GISB), which is specialized in electric cables production eyes investment…