Vertiv Holdings Co (NYSE: VRT), among the global leaders in critical digital infrastructure, today announced it has acquired Waylay NV, a Belgium-based leader in hyperautomation and generative AI software platforms. The investment is said as part of its continued investment in AI-driven monitoring and control technologies for its power and cooling systems. Vertiv expects this …
Vertiv Holdings Co acquires Waylay NV – etbaba.com Read More »
Heirs Holdings, the family-owned pan-African investment group created by Tony O. Elumelu, CFR, marks its 15th anniversary this month, celebrating a decade and a half of catalysing transformative, long-term investment in Africa. Established in 2010, Heirs Holdings was founded on a mission: to transform Africa, creating economic and social wealth; a demonstration of Tony Elumelu’s …
The 15 years journey of Nigerian capitalist – etbaba.com Read More »
Nigerian independent oil and gas producer Heirs Energies aims to scale production to 110,000 bpd within the next five years, supported by additional drilling, well reactivations and infrastructure upgrades. The company pursues ambitious growth plans, including doubling its oil output by 2030 and expanding its footprint across Africa. Operator of OML 17 in Nigeria, Heirs …
Heirs Energies to scale production to 110,000 barrels per day – etbaba.com Read More »
In an effort to deepen economic ties between Japan and Africa, the African Trade & Investment Development Insurance (ATIDI) invites Japanese to expand their investment in Africa This is indicated on the sidelines of the Ninth Tokyo International Conference on African Development (TICAD9), taking place in Yokohama, Japan where ATIDI, Mitsubishi UFJ Financial Group (MUFG), …
ATIDI invites Japanese to expand investment in Africa – etbaba.com Read More »
By Andualem Sisay Gessesse – Introduction: Navigating Ethiopia’s Growing Investment LandscapeEthiopia has positioned itself as one of Africa’s fastest-growing economies, recording robust growth rates averaging 6% over the past decade, according to the World Bank. The government’s 10-Year Development Plan aims to diversify the economy away from agriculture towards manufacturing, energy, logistics, and ICT. Foreign …
By Andualem Sisay Gessesse – Due Diligence & Corporate Intelligence Consultant | Founder, NewBusinessEthiopia.com – Ethiopia Offers Opportunity — But Not Without Risk. Ethiopia, with over 125 million people and one of Africa’s fastest-growing markets, has become increasingly attractive to foreign investors. Sectors like agriculture, manufacturing, logistics, fintech, and construction are drawing global attention. However, …
Why Foreign Investors Lose Money in Ethiopia – etbaba.com Read More »
In 2024, the UN Secretary-General declared, “Cities are on the front lines of shaping a world that is more prosperous, sustainable, and inclusive” (United Nations, 2024). Nowhere is this statement more resonant than in Africa, where urban landscapes are transforming at an unprecedented pace. Over the past century, Africa has transformed from predominantly rural societies …
Shaping prosperous, sustainable, inclusive future for Africa – etbaba.com Read More »
Global turbulence, much of it self-inflicted, dominated discussions at the second edition of the Djibouti Forum. Nonetheless, business leaders appeared relatively optimistic, and this wakeup call may turn out to be a good omen for the continent. This year’s Djibouti Forum convened over 150 international guests from 51 countries, including institutional investors overseeing more than …
Djibouti Forum calls for collaboration amidst global turbulence – etbaba.com Read More »
Nigeria’s Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, reinforces Nigeria’s commitment to fostering trade and investment partnerships with the United Kingdom (UK). He made the remark after concluding a series of high-level engagements in London during his recent visit. The visit, anchored around the Commonwealth Trade and Investment Summit held on 7-8 April, …
Nigeria, United Kingdom to boost trade, investment – etbaba.com Read More »
Future Investment Initiative (FII) is set to organize an Europe focused investment summit next month in Tirana, Albania, from 16–17 May 2025. Themed, “Invest in a Connected Europe”, this special edition summit will connect Europe’s leaders and innovators with the world’s foremost investors, sovereign wealth funds, and policymakers, the organizers said. “It will be an …
Albania set to host Europe investment summit next month – etbaba.com Read More »