Global institutional investors join infrastructure investment in Africa
Prominent African and Global institutional investors signed subscription agreements and letters of intent in preparation for the first…
Investment
AfDB to make $11 million investment in BluePeak Private Capital Fund
The Board of Directors of the African Development Bank Group has approved an $11 million equity investment in…
New platform to bridge Africa’s $331 billion funding gap
Deal Source Africa, a comprehensive program to connect African businesses with investors and transaction advisors and African Impact…
Ethiopia, France economic meeting opens in Addis
The 3rd French-Ethiopian General Committee of the Joint Declaration of Intent on the Promotion of Economic Development in…
Women business owners in Ethiopia set to access capital
The Deputy Chief of Mission (DCM) of the U.S. Embassy in Addis Ababa, Fiona Evans, officially opened the…
Gabon to showcase investment opportunities in Dubai
Rich with oil, gas and abundant renewable energy resources, Gabon has embarked on an ambitious energy development agenda…
Ethiopian Parliament removes TPLF from terrorist list
The Ethiopian Parliament on Wednsday approved the resolution to remove the Tigray People’s Liberation Front (TPLF) from its…
Africa urged to invest more in data, statistics to attain SDGs
Africa is set to miss most of the Sustainable Development Goals (SDGs) as a result of lack of…
IMF official reflects on Cameroon economy
The Deputy Managing Director of the International Monetary Fund (IMF), Mr. Kenji Okamura, on Friday issued a statement…
Dream VC launches its popular programs in Africa
Dream VC, a fast-growing venture capital talent firm, focused on training and supporting investors for Africa’s venture ecosystem,…
UK business delegation visists Ethiopia
A United Kingdom (UK) business delegation led by Mrs. Thato Mosadl, Senior Economist and Strategist of Jeffries International…
Media council urges Ethiopia to end jamming social media
Ethiopian Media Council (EMC), an independent self-governing media association in the country, urged the Government of Ethiopia to…
African Development Bank to develop African pharmaceutical industry
The African Development Bank Group and the Islamic Development Bank have signed a joint partnership action plan for…
Japanese VC, Kazana to invest $100 million in Ethiopia startups
The Tokyo-based venture capital firm Inclusion Japan (ICJ) in partnership with the early-stage startup investor Kazana Fund, are…
Ethiopia eyes UAE institutional investors
The Government of Ethiopia says it is working to attract institutional investors from the United Arab Emirates (UAE)…
Ethiopia minister urges ambassadors to attract investment
Ethiopia’s Minister of Finance, Ahmed Shide said the role of mission leaders is critical in ensuring that the…
iM Global Partner secures stake in Berkshire
iM Global Partner, one of the global asset management networks, today announced the acquisition of a strategic, non-controlling…
DFC announces active commitments in Africa top $11 billion
At the U.S.-Africa Business Forum, U.S. International Development Finance Corporation (DFC) announced active commitments across Africa totaling more…
Kazana launches funding for exceptional African founders
Kazana Fund today announced the launch of its Angel Syndicate. This milestone is a major move for Kazana…
East African banking, microfinance forum opens in Nairobi
The 5th East African Banking and Microfinance Forum organized by the Trade and Development Bank Group (TDB Group)…
4Di Capital, Mauritian conglomerate IBL to drive expansion into Africa
South African early-stage venture capital firm, 4Di Capital, and Mauritian conglomerate IBL today announced the second closing of…
Burundi advised to improve business environment
By strengthening its private sector and improving its business environment, Burundi has the opportunity to create more jobs,…
Bahrain attracts $72.7 million investment in financial services
During the first three quarters of 2022, Bahrain Bahrain Economic Development Board (EDB) has supported nine financial services…
Information, finance drive Malian diaspora to invest in agriculture
Access the right training, information and financial products can drive Malian diaspora is keen to invest in the…
JT Group, Altria Group ink global partnership deal
JT Group through its subsidiary JTI that also owns tobacco manufacturing in Ethiopia, has entered into a joint…
IFC, Dutch bank to strengthen South Africa’s blueberry sector
IFC and the Dutch entrepreneurial development bank (FMO) today partnered to provide funding and advisory support to United…
Future Investment Initiative summit opens in Riyadh
The sixth edition of the Future Investment Initiative (FII) began on Tuesday in Riyadh, under the theme of…
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.
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…
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…