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…
Nairobi climate summit urged to discuss animal protection
World Animal Protection and Partners have called upon African governments and the Africa Climate Summit 2023 to acknowledge the climate and environmental impact of unsustainable livestock production systems.
IFC invests $11.5 billion in Africa in 2023
The International Finance Corporation (IFC) of the World Bank Group provided record financing of $11.5 billion in Africa in 2023, helping to accelerate social and economic growth in multiple frontiers.
Ethiopia, Egypt, Iran, Saudi Arabia, Argentina, UAE join BRICS
The economic bloc known as BRICS (Brazil, Russia, India, China and South Africa) that among others aims to end Western economic and political hegemony, has invited six countries – Ethiopia, Egypt, Iran,…
Africa favorable for green businesses – UN report
Africa’s private sector can bolster its green agenda and drive increased GDP, higher income per capita, create tens of millions of jobs, and foster collaboration between governments, businesses and local communities according…
Afrika Insights Inc joins Canada-Africa Chamber of Business
Afrika Insights Inc., an Ontario-based risk advisory and publishing company, joined The Canada-Africa Business Chamber last month, ahead of the annual Canada-Africa trade and investment forum, Africa Accelerating.
Rwanda advised to improve public investment efficiency
A new technical report by the International Monetary Fund (IMF) released today advised Rwanda to improve its public investment efficiency mainly by working on quality and access to its infrastructures.
Mali invites Russian businesses
The Finance and Economy Minister Alousseny Sanou and the head of the investment promotion agency Musa Ismaila Toure invited Russian businesses to invest in the promising sectors that includes agriculture, mining, energy…
Vantage Capital invests €30 million in Promamec
Vantage Capital, Africa’s largest mezzanine fund manager, announced today that it closed a €30 million equity investment for the acquisition of a significant minority stake in Promamec, a Moroccan medical distribution business.
TDK Ventures invests in digital intelligence platform
TDK Corporation announced today that its subsidiary, TDK Ventures Inc., has invested in the Industry 5.0 – focused startup Infinite Uptime, who’s digital intelligence platform leverages state-of-the-art sensor technology, and advanced analytics.
Indian top investments in Africa and concerns
By Woubishet Sisay – Indian investment in Africa has been steadily increasing over the years, as India seeks to strengthen its economic ties with the continent. This investment encompasses various sectors such…
Impact, concerns and prospects of Chinese investments in Africa
By Andualem Sisay Gessesse – Official reports show that China has been Africa’s largest trading partner for 12 years, even though bilateral trade declined 10.5% to USD 187 billion in 2019. It…
FDI flows from Russia to Ethiopia
By Melaku Kinfegabriel – In recent years, Russian investors have shown an increasing interest in investing in Ethiopia, a country located in the Horn of Africa.
Africa presents opportunities for Asian investors
Africa offers vast investment opportunities for Asian countries with the appropriate incentives for their private sectors, Prof. Kevin Urama, Chief Economist and vice president of the African Development Bank Group, has affirmed.