investment

By Andualem Sisay Gessesse, Washington DC – In the face of cost of borrowing increasing and official development assistance declining, the International Monetary Fund (IMF) advices Sub-Saharan African countries to make the right policy choices including domestic resource mobilization and reducing inflation. This is indicated today Abebe Aemro Selassie African Department Director at IMF who …

Focus on domestic resource mobilization, inflation – IMF told Africa – etbaba.com Read More »

The African Development Bank (AfDB) has inaugurated an ultramodern regional office building in Yaoundé, Cameroon in a move that reaffirms its commitment to Central Africa’s development course. Joseph Dion Ngute, Prime Minister of Cameroon, and Marie-Laure Akin-Olugbade, the Bank Group’s Vice-President for the Regional Development, Integration and Business Delivery Complex, led the opening ceremony held …

AfDB inaugurates regional office building in Cameroon – etbaba.com Read More »

The Fund for Export Development in Africa (FEDA), Afreximbank’s impact investment subsidiary, has announced its investment into Bloom Africa Holdings Limited (BAHL), a regional financial services platform operating across West Africa. BAHL holds interests in multiple financial institutions across Gambia, Sierra Leone, and Liberia operating as Bloom Bank Africa. These institutions function as full-service commercial …

Afreximbank invests in Bloom Africa Holdings Limited – etbaba.com Read More »

Moroccan Agency for Sustainable Energy (MASEN) Acting CEO Tarik Hamane will outline the country’s clean energy prospects at the upcoming Invest in African Energy (IAE) forum, taking place in Paris in May 2024. The privately-owned company was established by the state to foster a competitive renewable energy sector, initially overseeing the implementation of Morocco’s solar …

Morocco to outline its clean energy prospects – etbaba.com Read More »

Admaius Capital Partners, an Africa focussed private equity investor operating across several growth markets, today announced a strategic partnership with Parkville Holding Company B.V., a leading healthcare and wellness company in Egypt operating across several high-growth sub-segments. Admaius’ support will enable the Company to expand regionally, leveraging its existing brands, strong pipeline, and Admaius’ extensive …

Admaius Capital Partners, Egyptian Parkville ink strategic partnership – etbaba.com Read More »

The U.S. Chamber of Commerce, in collaboration with the President’s Advisory Council on African Diaspora Engagement, is set to convene a special edition of “Advance with Africa,” a national U.S. Chamber roadshow, in Atlanta on March 18,2024. The Chamber’s U.S.-Africa Business Center and the President’s Advisory Council on African Diaspora Engagement are partnering to present …

U.S. Chamber of Commerce to convene on advance with Africa – etbaba.com Read More »

Kigali, the capital of Rwanda is set to host the 2024 Africa CEO Forum from 16 and 17 May, 2024. As global crises cast long shadows, Africa stands at a critical crossroads: Will the continent remain on the sidelines of history or will its leaders band together to forge a new path? This pivotal question …

Kigali set to host 2024 Africa CEO Forum – etbaba.com Read More »

Ministers representing 123 the World Trade Organization (WTO) members, including Nigeria, Angola, Uganda, Zimbabwe, Togo and Benin from Africa, issued on 25 February a Joint Ministerial Declaration marking the finalization of the Investment Facilitation for Development (IFD) Agreement and made it available to the public. Ministers also issued a submission asking for the 13th WTO …

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By Woubishet Sisay – The seventh edition of the Africa Business Forum is held in Addis Ababa, Ethiopia on Monday at UN Economic Commission for Africa (ECA) conference center. The Forum was co-convened by ECA, Google Africa and the African Union Commission. The event focuses on ways to leverage science, technology and innovation in Africa …

Africa Business Forum is held in Addis Ababa – etbaba.com Read More »

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. Today Prime Minister Abiy Ahmed of Ethiopia met with the board of Ethiopian Investment Holdings to assess Ethio Telecom’s readiness to go public and to evaluate the Capital …

Ethio Telecom set to offer shares to public – etbaba.com Read More »