By Melaku Kinfegabriel – In recent years, Russian investors have shown an increasing interest in investing in Ethiopia, a country located in the Horn of Africa. Investment opportunities exist in sectors such as energy, mining, agriculture, and manufacturing. However, various challenges need to be addressed to fully realize the potential for increased trade and investment …
By Andualem Sisay Gessesse – Official reports show that China has been Africa’s largest trading partner for 12 years, even though bilateral trade declined 10.5% to USD 187 billion in 2019. It is also the fourth-biggest investor in the continent. In this article we look into the focuses, scale, motives, impacts, issues often raised related …
Impact, concerns and prospects of Chinese investments in Africa – etbaba.com Read More »
By Woubishet Sisay – Indian investment in Africa has been steadily increasing over the years, as India seeks to strengthen its economic ties with the continent. This investment encompasses various sectors such as agriculture, manufacturing, infrastructure, telecommunications, energy, and mining. The Indian government, as well as private companies, have been actively involved in promoting trade …
Indian top investments in Africa and concerns – etbaba.com Read More »
TDK Corporation announced today that its subsidiary, TDK Ventures Inc., has invested in the Industry 5.0 – focused startup Infinite Uptime, who’s digital intelligence platform leverages state-of-the-art sensor technology, and advanced analytics. TDK’s digital intelligence platform also leverages machine-learning algorithms to monitor vital mechanical equipment within industrial applications to anticipate and promptly address failures, ensuring …
TDK Ventures invests in digital intelligence platform – etbaba.com Read More »
Vantage Capital, Africa’s largest mezzanine fund manager, announced today that it closed a €30 million equity investment for the acquisition of a significant minority stake in Promamec, a Moroccan medical distribution business. The funds invested by Vantage Capital facilitated the exit of the private equity fund AfricInvest and will also serve to part-fund Promamec’s next …
Vantage Capital invests €30 million in Promamec – etbaba.com Read More »
The Finance and Economy Minister Alousseny Sanou and the head of the investment promotion agency Musa Ismaila Toure invited Russian businesses to invest in the promising sectors that includes agriculture, mining, energy and telecom, among others. He made the invitation today presenting about his country’s investment potential at the second Russia – Africa economic and …
A new technical report by the International Monetary Fund (IMF) released today advised Rwanda to improve its public investment efficiency mainly by working on quality and access to its infrastructures. “Rwanda scores well against the IMF methodology that assesses public investment efficiency, but there is still significant room to improve. The IMF has developed a …
Rwanda advised to improve public investment efficiency – etbaba.com Read More »
Afrika Insights Inc., an Ontario-based risk advisory and publishing company, joined The Canada-Africa Business Chamber last month, ahead of the annual Canada-Africa trade and investment forum, Africa Accelerating. The firm’s primary objective is to provide Canadian companies and individuals with the information and knowledge to make beneficial investments in Africa. During Africa Accelerating 2023, the …
Afrika Insights Inc joins Canada-Africa Chamber of Business – etbaba.com Read More »
Africa’s private sector can bolster its green agenda and drive increased GDP, higher income per capita, create tens of millions of jobs, and foster collaboration between governments, businesses and local communities according to a comprehensive study published today by the UN Environment Programme (UNEP). The report stated that five key factors drive Africa’s investment appeal: …
Africa favorable for green businesses – UN report – etbaba.com Read More »
The economic bloc known as BRICS (Brazil, Russia, India, China and South Africa) that among others aims to end Western economic and political hegemony, has invited six countries – Ethiopia, Egypt, Iran, Saudi Arabia, Argentina, and United Arab Emirates to become its members. The announcement is made on Thursday August 24, 2023, by South Africa …
Ethiopia, Egypt, Iran, Saudi Arabia, Argentina, UAE join BRICS – etbaba.com Read More »