The sixth edition of the Future Investment Initiative (FII) began on Tuesday in Riyadh, under the theme of ‘Investing in…
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Volvo Group spins out new company Fyrqom AB
Volvo Group, Qamcom Group and the inventor Roman Iustin form a new start-up company, Fyrqom AB.
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Aeon Investments closes £900 million commercial real estate
Aeon Investments, the London-based credit-focused investment company, has closed its first commercial real estate CLO warehouse in the UK, backed…
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Pierre Fabre Invest takes stake in Gennisium Pharma
The Pierre Fabre Group, the French pharmaceuticals and cosmetics company, and Gennisium Pharma have announced an agreement whereby Pierre Fabre…
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Ethiopia eyes attracting Turkish, Dubai business to free zone
With the aim of attracting Turkish and Dubai businesses to its recently established Dire Dawa Free Trade Zone and getting…
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Eastern Industrial Park creates 22,110 jobs for Ethiopians
Eastern Industrial Park (EIP), one of the biggest industrial parks in Ethiopia built by Chinese companies, is said has created…
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U.S. International Development Finance Corporation invests $2.3 billion
The U.S. International Development Finance Corporation (DFC) approved 62 new transactions this quarter totaling more than $2.3 billion of investment…
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Vontier completes Invenco acquisition
RVontier Corporation (Vontier) announced today that it completed its previously announced acquisition of Invenco, a leading global provider of open…
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FFS Refiners expansion, job creation with additional investment
FFS Tank Terminals, a wholly owned subsidiary of FFS Refiners, hosted a sod-turning event at the Maydon Wharf precinct in…
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Domestic resource mobilization: A solution to tackle Africa’s multiple crises
Over the past few years, the African economy has been devastated by multiple crises and external shocks.
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IFC investment to support Africa’s digital infrastructure expansion
The latest equity investment of the International Finance Corporation (IFC) in West Indian Ocean Cable Company Holding Ltd (WIOCC Group)…
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Three top businesses in Ethiopia for US companies
Below is an overview of the industries with the best prospects, big government purchases, infrastructure projects, and commercial opportunities as…
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Ethiopia coffee export to increase by 560 metric tones
From October 2022 to September 2023 Ethiopia’s coffee exports are anticipated to increase to a 4.72 million bags, a record…
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African Women Impact Fund to drive inclusive investment
The Economic Commission for Africa (ECA) and Standard Bank Group with other partners announced the African Women Impact Fund (AWIF)…
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