Top Employers Institute has recently unveiled the list of certified Top Employer companies. For the fourth consecutive year, the Chinese company Huawei stands out by receiving the Regional Top Employer certification in Africa. Furthermore, the company has achieved this distinction on a national level in 10 countries in the Northern Africa Region (North, West & …
Huawei named top employer in Africa – etbaba.com Read More »
In line with the United Arab Emirates (UAE) Net Zero Strategy 2050 and National Hydrogen Strategy, the Abu Dhabi Department of Economic Development (ADDED) and HYCAP Group, the net zero asset management company, have signed an agreement to develop the production, storage, and transport of green hydrogen. The Memorandum of Understanding (MoU) between HYCAP Middle …
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Swedish hybrid-electric airplane maker Heart Aerospace today announced it raised a total of $107 million in Series B funding, representing another significant stepping stone toward sustainable regional air travel. The new round brings the total financing raised by Heart Aerospace since its inception to $145 million. Among new investors is Sagitta Ventures, a Danish investor …
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Abu Dhabi business activity showcases growth in 2023, according to the Abu Dhabi’s ‘Business Activity Report’ for the year 2023, issued by the Abu Dhabi Department of Economic Development (ADDED). It has reported annual growth of major indicators, emphasizing business ecosystem’s attractiveness and its ability to attract quality investments, as well as businesses’ commitment to …
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The International Monetary Fund (IMF) team which visited Djibouti this week says, its debt-driven growth over the past two decades has not been resulted in sufficient employment growth. “Djibouti’s concerted investments in logistics during the last decade have delivered efficiency and growth. As Djibouti became the main port of transit to Ethiopia, GDP growth averaged …
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The economy of Malawi, which was estimated to grow less than 2 percent in 2023, is set to grown by 3.3 percent in 2014, according to the International Monetary Fund (IMF). This is indicated by the report of IMF staff team led by Ms. Mika Saito and visited Malawi from January 22-26, 2024. “We discussed …
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The global GDP growth is projected to slow from 2.7 percent in 2023 to 2.4 percent in 2024, according to the World Economic Situation and Prospects (WESP) 2024 launched by the Economic Commission for Africa (ECA) in Addis Ababa, Ethiopia. Growth is forecast to improve moderately to 2.7 per cent in 2025 but will remain …
Global GDP growth to slow down to 2.4 percent – etbaba.com Read More »
The International Monetary Fund (IMF) team which visited Djibouti this week says, its debt-driven growth over the past two decades has not been resulted in sufficient employment growth. “Djibouti’s concerted investments in logistics during the last decade have delivered efficiency and growth. As Djibouti became the main port of transit to Ethiopia, GDP growth averaged …
Djibouti’s growth lacks sufficient employment growth, IMF – etbaba.com Read More »
Multi-Wing, the prominent Danish manufacturer specializing in axial fans for engine cooling and industrial heat exchangers, has announced its appointment of vehicle consultancy abcg to deliver a potentially transformative new market entry project. Multi-Wing was established in 1938 and, now with Scandinavian private equity investor Altor as a major investor alongside existing shareholder and CEO …
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The economic growth of Burundi, which began recovering from 1.8 percent in 2022 to 2.7 percent in 2023, is set grow by 4.3 percent, this year according to the International Monetary Fund (IMF). “…Growth is projected to accelerate to 4.3 percent in 2024, supported by strong agricultural production, productive investment, and the ongoing reforms. Increases …
Burundi economy set to grow by 4.3 percent – etbaba.com Read More »