investment

The African Development Bank (AfDB) has made a strategic equity investment of $10 million in Dhamana Guarantee Company, a Nairobi-based provider of guarantees to support sustainable growth enterprises. This follows an anchor investment from the UK-Government-backed Private Infrastructure Development Group through its subsidiary, InfraCo Africa. Dhamana will also receive equity investments from County Pension Fund …

African Development Bank invests in Kenyan company – etbaba.com Read More »

Control Risks, the global investment risk assessment agency, and its economics consulting partner, Oxford Economics Africa, launch of the ninth edition of the Africa Risk-Reward Index highlighting key opportunities and challenges. This authoritative report is designed to provide policymakers, business leaders, and investors with a comprehensive guide to navigating the evolving investment landscape across key …

Control Risks, Oxford Economics launch Africa Risk-Reward Index – etbaba.com Read More »

The African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch) / AAA (Japan Credit Rating), has launched and priced a new $2 billion 5-year Social Benchmark transaction due 18 September 2029. The launching coincided with the 60th anniversary of the founding of the AfDB. The bond was launched on Tuesday 10 …

AfDB launches $2 billion 5-year social benchmark transaction – New Business Read More »

The team from Ethiopia won at the Huawei Seeds for the Future 2024 Training Program, which was held in Morocco (Essaouira) from July 3rd to July 9, 2024. This training involved 17 African countries (East, North, West, and Central Africa). Ten Ethiopian students from eight universities were given the opportunity to participate in the training. …

Ethiopia won at Huawei Seeds for Future 2024 in Morocco – New Business Read More »

A high-level donor delegation that included the African Development Bank has expressed strong admiration for the Cabo Verde Tech Park during a recent visit, highlighting its rapid growth, full occupancy, and role in diversifying the country’s economy. The delegation – which also included representatives of the European Union, World Bank, and the governments of Portugal, …

African Development Bank applauds Cabo Verde’s tech park – New Business Read More »

Mobilizing all generations in support of sustainable land stewardship is the focus of Desertification and Drought Day 2024, celebrated on 17 June, marking a pivotal moment in the global effort to combat land degradation and drought. Hosted by the Federal Republic of Germany through the Federal Ministry for Economic Cooperation and Development (BMZ) in Bonn, …

New program to support young negotiators on land, drought – New Business Read More »

Invest Africa, a leading pan-African trade and investment platform, will host the 10th annual Africa Debate on 6th June at the Guildhall, London, under the theme of “Africa’s role in a changing global order.” The Africa Debate is London’s leading Africa-focused investment forum. Africa Finance Corporation (AFC) is Headline Partner for the Forum, with other …

London set to host Invest Africa summit next month – New Business Read More »

State Minister for Foreign Affairs of Ethiopia, Ambassador Birtukan Ayano, launched Ethio-Pakistan Business Forum, held under the motto “connecting historic countries through trade and investment” in Addis Ababa today. Mr. Gebremeskel Chala , the Minister of Trade and Regional Integration, Mrs. Hanna Arayaselassie, Commissioner of the Ethiopian Investment Commission, Mr. Aklilu Tadese, CEO of the …

Ethiopia, Pakistan business forum takes place – etbaba.com Read More »

The U.S. Chamber of Commerce’s U.S.-Africa Business Center on Friday hosted the U.S.-Kenya Business Forum featuring the President of Kenya William Ruto, U.S. Vice President Kamala Harris, U.S. Secretary of Commerce Gina Raimondo, and U.S. Chamber President and CEO Suzanne P. Clark. The Forum was aimed at spurring economic growth and investments in Kenya and …

U.S.-Kenya Business Forum facilitates over $2 billion investments – etbaba.com Read More »