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investment

TotalEnergies launches Africa startup challenge – etbaba.com

By Anwar Hussen Mohammed – To recognize and award 100 African startups, TotalEnergies today launches African Startupper of the year challenge inline with celebrating the 100th anniversary of the Company. The challenge is open for young entrepreneurs aged between ages of 18 and 35, according to the press briefing the officials of the company and …

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Maryland to host major US investment summit – etbaba.com

Today, the United States (US) Secretary of Commerce Gina Raimondo announced the lineup of global executives, business leaders and senior U.S. government representatives participating in the 2024 SelectUSA Investment Summit, scheduled for June 23-26, 2024. The 10th SelectUSA Investment Summit will be held at the Gaylord National Resort and Convention Center in National Harbor, Maryland. …

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Djibouti set to transform economy moving beyond port services – etbaba.com

By Andualem Sisay Gessesse – Djibouti- Djibouti Forum, international business conference aiming to engage private and institutional investors to transform its economy, kicks off this morning in the capital, Djibouti city. Themed “the Gateway of Opportunities”, the Forum is opened by Ismaïl Omar Guelleh, President of the Republic of Djibouti, who highlights Djibouti’s 2035 Vision …

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IGAD members discuss groundwater usage – etbaba.com

By Yeneneh Sisay – The water ministers of Intergovernmental Agency for Development (IGAD) member countries discussed the widespread use of groundwater for irrigation to prevent the economic and food shortages of African countries following climate change. Meeting this week in Ethiopia’s Somali region, the water ministers of Djibouti, Kenya, Ethiopia and South Sudan advised that …

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Summit to secure $4 billion clean cooking funding for African women – etbaba.com

The upcoming Paris Summit scheduled to take place next week aims to Secure Commitments toward $4 billion needed to close clean cooking funding gap for African women, the organizers of the Summit said. It is stated that the Summit is expected to build on ground-breaking clean cooking initiatives launched at COP28; African Development Bank’s Adesina, …

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Cape Town to host Africa women innovation, entrepreneurship forum – etbaba.com

Celebrating a decade of impact, the Africa Women Innovation and Entrepreneurship Forum (AWIEF) proudly announces the AWIEF2024 Conference and Awards. The milestone event is scheduled for 28th and 29th November at the Cape Town International Convention Centre (CTICC), under the theme “Future for All: Collaborate for Growth. Solve Inequity. Act on Climate”. The AWIEF2024 conference …

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

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 …

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AfDB inaugurates regional office building in Cameroon – etbaba.com

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 …

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Afreximbank invests in Bloom Africa Holdings Limited – etbaba.com

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 …

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Morocco to outline its clean energy prospects – etbaba.com

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 …

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