The introduction of competition as a result of the opening up of the telecom sector is expected to positively impact every sector of the economy, Prime Minister Abiy Ahmed said. The premier made the remark on the license agreement signing ceremony between Ethiopia and the Global Partnership for Ethiopia in the presence of President Uhuru …
Addis Ababa Angles Network founded with the aim of promoting economic development and sustainability in Ethiopia, announced its investment in Eshi Express, a delivery service firm, as part of the strong belief in the transformational capacity of a robust startup ecosystem on the nation’s economy. Delivery business plays a big role in one country’s economic …
Addis Ababa Angels invests in Eshi Express – etbaba.com Read More »
Sumitomo Corporation Executive Vice President, Toshikazu Nambu has reportedly thanked the Government of Ethiopia for transparently handling the recent telecommunication bidding process. The executive president told Ethiopia’s Ambassador to Japan, Kassa Teklebirhan, during the meeting they held in Japan, according to Ministry of Foreign Affairs. During the occcassion, Nambu expressed his happiness that Sumitomo Corporation …
Automotive Ventures, the company that supports automotive technology entrepreneurs, businesses, and investors with industry-specific resources, strategic consulting, and extensive connections, has announced the final closing of its inaugural venture fund, Automotive Ventures Fund I. “Fundraising during a global pandemic had its challenges, but I’m pleased to report that the fund was oversubscribed with more than $7 million in committed …
African Business today released its June cover story featuring its exclusive ranking of Africa’s Best Brands. This year’s ranking was released during a virtual event from Uganda organized by Brand Africa, founders of the Brand Africa 100: Africa’s Best Brands. A full schedule of events is taking place during Africa Day to release not only …
Africa’s Best Brands unaffected by pandemic – etbaba.com Read More »
The African Development Bank Group and the European Bank for Reconstruction and Development (EBRD) on Monday signed a memorandum of understanding to promote sustainable private sector development in Africa. The memorandum of understanding will help catalyse new sources of financing to help bridge the $2.5 trillion annual financing gap for development in Africa. This gap …
HID Global, a worldwide leader in trusted identity solutions, has invested in Paravision, a leading provider of advanced facial recognition solutions and recognized for its world-class leadership in accuracy. The investment aligns with HID Global’s strategic direction to embed facial recognition into solutions for a seamless and highly secure user experience in a variety of …
TranSigma, an agile transformation management consulting firm, today announces a new partnership with Celonis, the global leader in Execution Management. This partnership greatly enhances TranSigma’s business transformation capabilities, enabling customers to quickly achieve business value. The Celonis Execution Management System (EMS) empowers process improvement teams to leapfrog directly to analysis and improvement, by automating the …
TranSigma announces partnership with Celonis – etbaba.com Read More »
Appriss Health, a cloud-based care coordination software and analytics solutions focused on behavioral health and substance use disorders, announced today completing its acquisition of PatientPing – a care coordination data and software solutions focused on patients with complex needs, and senior care. Appriss Health is backed by Clearlake Capital Group, L.P. (together with its affiliates, …
Appriss Health completes PatientPing Acquisition – etbaba.com Read More »
The Economic Commission for Africa (ECA) is working with African countries to increase investment in infrastructure and agriculture on the continent. In a presentation during the ECA’s first quarter Accountability and Program Performance Review Meeting (APPRM), Habiba Ben Barka, Economic Affairs Officer with the Private Sector Development and Finance Division, said the ECA was working …
Boosting investment for infrastructure, energy in Africa – etbaba.com Read More »