Ethio Telecom set to offer shares to public
Ethio Telecom, the 100 percent state-owned company, is set to offer its shares to the public by listing itself on the coming soon capital market of Ethiopia.
Dream VC launches multi-country roadshow to encourage investment in Africa
By Andualem Sisay Gessesse – Dream Venture Capital (VC), the company engaged in accelerating the next generation of ecosystem-building African investors, is set to hold 14 investment networking events across the world…
Renew Capital set to fund 50 tech startups in Africa
Renew Capital launched Renew Venture Lab Fund 2 (RVL2), aiming to invest in and empower up to 50 innovative tech startups across Africa.
Abu Dhabi business activity showcases growth in 2023
Abu Dhabi business activity showcases growth in 2023, according to the Abu Dhabi’s ‘Business Activity Report’ for the year 2023, issued by the Abu Dhabi Department of Economic Development (ADDED).
UNDP launches Africa’s startup revolution initiative
The United Nations Development Programme (UNDP) have just launched the bold and ambitious “timbuktoo” initiative together with African countries.
Global foreign direct investment up 3 percent, UN report
Global foreign direct investment (FDI) flows in 2023, at an estimated $1.37 trillion, showed a marginal increase (+3%) over 2022, according to the United Nations Conference on Trade (UNCTAD) FDI report released…
World Bank asses its $15 billion projects in Ethiopia
The World Bank and the Government of Ethiopia concluded assessment of the implementations of the 43 projects in Ethiopia worth $15 billion financed by the Bank.
Africa Finance Corporation exited its investment in Ghana’s Takoradi Port
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has exited its 35% equity investment in Atlantic Terminal Services Limited (ATSL), the concessionaire for the expansion of Ghana’s Takoradi Port, to…
UNCTAD, partners to showcase emerging trade opportunities for developing countries
For the first time at the annual climate summit, international organizations are set to spotlight policy options for developing countries to capture emerging trade opportunities while adapting to climate change at the…
Marrakech to host major African investment marketplace
The tourist city of Morocco, Marrakech, is set to host the major African investment marketplace, Africa Investment Forum, next month from 8-10 November, 2023.
Husk secures $43 million for Africa, Asia energy projects
Husk Power Systems (Husk), the leading minigrid company serving rural communities in Sub-Saharan Africa and South Asia, has secured a new round of equity investment totaling $43 million.
World Investment Forum calls for reshaping of world economy
The 8th World Investment Forum concluded in Abu Dhabi, the United Arab Emirates with a call to public and private investors to play a pivotal role in reshaping the world economy.
Annual gathering to be hosted in Cape Town, South Africa
Bloomberg Africa Business Media Innovators” Forum 2023 is set to convene leaders from across Africa and internationally. Media, business, government, technology, and community leaders from across Africa, the USA and beyond will…
Abu Dhabi set to host World Investment Forum
The upcoming UNCTAD World Investment Forum (WIF), to be held from 16 to 20 October 2023 in the UAE’s capital Abu Dhabi, is set to serve as the perfect opportunity to facilitate…