Ethio Telecom offers 100 billion Birr shares to public
The fully state-owned telecom operator in Ethiopia, Ethio Telecom has announced offering share to the public worth 100 billion Birr.
ATIDI, multilateral investment guarantee to streamline investments in Africa
The African Trade & Investment Development Insurance (ATIDI), and the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group, part of World Bank Group Guarantees, have signed a three-year partnership to…
British-backed network connects millions in Ethiopia
A new report published today by British International Investment has revealed that a UK-backed mobile network operator has helped millions of Ethiopians to access superfast 4G mobile internet across the country.
African Development Bank invests in Kenyan company
The African Development Bank (AfDB) has made a strategic equity investment of $10 million in Dhamana Guarantee Company, a Nairobi-based provider of guarantees to support sustainable growth enterprises.
Control Risks, Oxford Economics launch Africa Risk-Reward Index
Control Risks, the global investment risk assessment agency, and its economics consulting partner, Oxford Economics Africa, launch of the ninth edition of the Africa Risk-Reward Index highlighting key opportunities and challenges.
AfDB launches $2 billion 5-year social benchmark transaction
The African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch) / AAA (Japan Credit Rating), has launched and priced a new $2 billion 5-year Social Benchmark transaction due…
Africa, US investment and trade on the rise
Since the start of the Biden-Harris Administration in January 2021, the U.S. government, through the Prosper Africa Initiative, has closed 1,695 deals valued at $63.5 billion in 41 African countries.
Ethiopia won at Huawei Seeds for Future 2024 in Morocco
BY YANET FANTAYE WOGAYEHU – The team from Ethiopia won at the Huawei Seeds for the Future 2024 Training Program, which was held in Morocco (Essaouira) from July 3rd to July 9,…
African Development Bank applauds Cabo Verde’s tech park
A high-level donor delegation that included the African Development Bank has expressed strong admiration for the Cabo Verde Tech Park during a recent visit, highlighting its rapid growth, full occupancy, and role…
New program to support young negotiators on land, drought
Mobilizing all generations in support of sustainable land stewardship is the focus of Desertification and Drought Day 2024, celebrated on 17 June, marking a pivotal moment in the global effort to combat…
London set to host Invest Africa summit next month
Invest Africa, a leading pan-African trade and investment platform, will host the 10th annual Africa Debate on 6th June at the Guildhall, London, under the theme of “Africa’s role in a changing…
Ethiopia, Pakistan business forum takes place
State Minister for Foreign Affairs of Ethiopia, Ambassador Birtukan Ayano, launched Ethio-Pakistan Business Forum, held under the motto “connecting historic countries through trade and investment” in Addis Ababa today.
U.S.-Kenya Business Forum facilitates over $2 billion investments
The U.S. Chamber of Commerce’s U.S.-Africa Business Center on Friday hosted the U.S.-Kenya Business Forum featuring the President of Kenya William Ruto, U.S. Vice President Kamala Harris, U.S. Secretary of Commerce Gina…
TotalEnergies launches Africa startup challenge
By Anwar Hussen Mohammed – To recognize and award 100 African startups, TotalEnergies today launches African Startupper of the year challenge inline with celebrating the 100th anniversary of the Company.