East Africa Finance Summit to focus on future of finance
Focusing on the future of the financial sector, the 5th edition of East Africa Finance Summit is set…
Investment
Africa Investment Forum to showcase $57 billion bankable projects
The Africa Investment Forum is set to showcase $57.4 billion bankable projects during the meeting, scheduled to take…
U.S. Development Finance Corporation invests $9 billion in Africa
(FIGURE REVISED) – The U.S. Development Finance Corporation has so far invested $9 billion in 300 projects in…
African Union – European Union Summit opens
African leaders and their counterparts from Europe are gathered in Brussels, Belgium for the two days African Union…
Investors forecast dramatic expansion in Africa
Professional investors forecast dramatic expansion in the levels of investment in Africa by pension funds and large corporates…
Global Television Network of Africa secures land in Ethiopia for HQ
Global Television Network of Africa (GTNA), a PanAfrican media house under-formation has secured 5,000 square meters of land…
Ethiopia’s Olympic hero embarks on 11th hotel investment
Owned by retired Olympic gold medalist Athlete Haile Gebrselassie of Ethiopia, Haile Hotels & Resorts has embarked on…
Russia may be behind recent coups in Africa – says U.S.
The Government of Russia may be behind the recent coups in African countries, says U.S. Army General Stephen…
TotalEnergies eyes investing in Rwanda
During a visit to the country by Patrick Pouyanné, TotalEnergies and Rwanda Development Board, a Rwandan public institution…
Russia eyes investments in Ethiopia energy sector
One of the major energy companies in Russia, Energy solutions, electro technical holding company ERSO), has shown interest…
Ethiopian Airlines Group abroad investment update
Ethiopian Airlines Group, which is 100 percent owned by the Government of Ethiopia, has investments in four African…
Zimbabwe civil societies criticize Chinese investments
A group of civil societies involving 26 non-government organizations, has criticized Chinese investments in Zimbabwe urging China to…
Ethiopia attracts 1.34 billion FDI in five months
Ethiopia has attracted $1.34 billion foreign direct investment (FDI) during the first five months of the current budget…
Ethiopia says the ball to stop war is in TPLF’s field
The latest decision made by the Government of Ethiopia not to enter Tigray Region chasing the TPLF fighters…
Ethiopia to introduce new state company
The Government of Ethiopia is set to introduce a new investment company, labeled Ethiopia Investment Holdings (EIH).
Puratos enters Ethiopian market
Puratos Ethiopia has announced today that it has built the first of its kind food manufacturing factory and…
Andela Announces $200 million investment led by SoftBank
Andela, the global network for remote engineering talent, today announced $200 million in Series E financing that values…
Djibouti based investors to establish abattoir in Ethiopia
In a bid to best exploit & add value to the untapped massive livestock resource in Ethiopia, Djibouti…
Abidjan set to host Africa Investment Forum
The Africa Investment Forum will hold its 2021 Market Days in Abidjan, Côte d’Ivoire, from the 1-3 of…
Align Financial Holdings acquires NationsBuilders Insurance Services
Align Financial Holdings, LLC, a leading general agency and specialist program underwriting manager, announced that it has acquired…
Ethiopia, Switzerland agree to avoid double taxation
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
Algeria’s Groupe Industriel Sidi Bendehiba (GISB), which is specialized in electric cables production eyes investment opportunities in Ethiopia.
Bole-Lemi industrial park secures over $44Mn from export
Bole-Lemi Industrial Park has secured 44.5 million USD from export during the concluding Ethiopian fiscal year.
New ITC guide lays out the business case for sustainable investment
Guidance to invest sustainably in markets. Four companion guides complement the handbook by listing the mandatory sustainability requirements…
Ministry calls for concerted efforts for sustainable regional growth
The Transport Minister of Ethiopia Dagmawit Moges called for concerted efforts among Ethiopia, Kenya and South Sudan to…
Ambassador invites investors in Qatar to invest in Ethiopia
Ethiopian Ambassador to Qatar Samia Zekaria invited Qatari investors to tap the huge investment potential in Ethiopia.
Kenya invites Ethiopian investors to use Lamu Port
Kenya Ports Authority called on Ethiopian investors to use the Lamu Port.
Ethiopia’s Ministry of Finance participates in Africa Investors conference
H.E. Yasmin Wohabrebbi, State Minister of Finance participated in a virtual Africa Investors conference. The conference was organized…
ECA emphasizes criticality of private sector investment
The criticality of private sector energy generation investments in Africa to attain the Sustainable Development Goal (SDG) 7…
New Insurtech hub for wealth management launches
Wealth managers can now view, analyze, and manage structured investments alongside fixed and registered insurance products through one…