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Ethiopia: Investment Commissioner Calls On Global Companies to Engage in Emerging Investment Sector of Ethiopia

Addis Ababa — The Ethiopian Investment Commissioner, Lelise Neme called on global companies to boost investment in the ever emerging investment sector of the country. This was disclosed at the international form prepared by Ethiopian Investment Commission (EIC) under the theme: “Invest Ethiopia2023” with the view to attracting giant companies from the rest of the […]

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The African Green Bank initiative provides $1.6 million to support the creation of the first Green Finance Facilities in Africa

The African Development Bank has launched the African Green Bank Initiative to tackle Africa’s key barriers to climate financing and promote resilient, green and sustainable growth. The Green Bank Initiative will be supported by the African Green Finance Facility Fund (AG3F), which aims at developing an ecosystem of local and regional Green Finance Facilities to […]

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Ethiopia: Invest Ethiopia 2023 Event Kicks Off

Addis Ababa — :- A three-day international flagship event: “Invest Ethiopia 2023” kicked off today in Addis Ababa, at Sky Light Hotel. The event has brought together thousands of global corporates, investors and among others. This international event intends to promote Ethiopia’s vast investment potential for investors who have come from around the world. In […]

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Tanzania: Dse Stocks Close Higher As Investors Assess Earnings

The Dar es Salaam Stock Exchange (DSE) equity market is expected to outperform investors’ expectations this week. The analysts’ projection banked on last week’s performance spiced by the demand registered year to date following stellar results of financial firms. Vertex International Securities Chief Executive Officer Mateja Mgeta told Daily News the market recorded a positive […]

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Southern Africa: SA, Namibia Resolve to Deepen Trade and Investment

President Cyril Ramaphosa says Namibia and South Africa will deepen trade and investment ties with a Bi-National Commission (BNC) expected to be held between the countries later this year. The President was speaking during a media briefing during the Official State Visit by Namibian President Hage Geingob and several of that country’s Ministers on Thursday. […]

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Demystifying Access to Finance: MSME Finance Symposium Unlocks Opportunities

With the goal of simplifying the often complex process of obtaining financing for Micro, Small, and Medium Enterprises (MSME), the Namibia Investment Promotion and Development Board (NIPDB) in partnership with Bank Windhoek will host the pilot MSME Finance Symposium. This vital knowledge exchange platform exists with the objective to demystify the process of successfully securing […]

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Africa: Rail, Maritime Infrastructure Investment Needed for Africa to Thrive

Deputy President Paul Mashatile says Africa needs to reduce structural and regulatory barriers in order to unlock investment in road and maritime infrastructure, and facilitate successful intra-African and global trade. “The quality of much of the continent’s maritime, road and railway infrastructure is less than satisfactory. There are few road links, generally poor road infrastructure […]

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Tanzania: Govt Mulls Extending Tax Holiday to Homegrown Startups

THE government is considering extending the tax holiday enjoyed by homegrown start-ups in an attempt to give a competitive advantage to local investors and entrepreneurs over their foreign counterparts. Deputy Minister of Finance and Planning, Hamad Hassan Chande agreed with a suggestion from a Special Seats MP, Ng’wasi Damas Kamani that the investment law empowers […]

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NIPDB and World Bank Group Join Forces to Tackle Financing Challenges for MSMEs

The Namibia Investment Promotion and Development Board (NIPDB) and the World Bank Group have successfully concluded the Chelete Cage pitch event, providing a crucial platform for innovative startups and micro, small, and medium enterprises (MSMEs) to raise funds and meet their capital needs. The initiative, held recently in Windhoek, marks a significant milestone in the […]

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Africa: New Unesco Report Reveals $97 Billion Barrier to Reaching Education Targets

Without $97 billion in extra funding, a range of countries will fail to meet their 2030 national education targets, a new UN report revealed on Friday, calling for an urgent review of financing. The paper Can countries afford their national SDG4 benchmarks? by the Global Education Monitoring (GEM) Report of the UN Educational, Scientific and […]

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Nigeria: Only Investment in Human Capital Can Bring Development to Nigeria – Obi

*Says his commitment to societal development remains unchanged The presidential candidate of Labour Party (LP) in the 2023 presidential election, Mr. Peter Obi has stressed that only investment in human capital could bring development in Nigeria. Obi stated this at Paul University, a faith-based institution owned by the Anglican Communion, where he donated N10 million […]

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Malawi: CDH Investment Bank Supports First of Its Kind Malawi Exporter Awards

CDH Investment Bank (CDHIB) has supported Malawi Investment & Trade Centre (MITC) to successfully hold the inaugural Malawi Exporters Awards ceremony, which is underway at Bingu International Convention Centre till Thursday. The Malawi Exporters Awards is an initiative aimed at recognizing and celebrating achievements of local exporters and speaking at the presentation of the sponsorship […]

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Ashesi University Foundation Canada Receives Endowment from Mastercard Foundation to Strengthen Higher Education in Africa

Toronto, Canada — The new partnership will help drive inclusive access to high-quality learning across Africa, drive innovation in higher education, and support youth entrepreneurship. Ashesi University Foundation Canada has received an endowment to establish the “Mastercard Foundation Endowment for Educational Excellence,” which will enable world-class, inclusive higher education in Africa while driving innovation and […]

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Nigeria: Investment in Cold-Chain Sector Will Aid Economy Diversification – Minister

The Minister for Industry, Trade and Investment, Mr. Adeniyi Adebayo, has said that stakeholders’ intensive investment in the cold chain sector would assist in the diversification of the nation’s economy. Speaking at the 8th International Agrofood and Plastic Printing and Packaging Exhibition and Conference organized by Fair Trade Messe in Lagos, Adebayo stated: “We encourage […]

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TechNovation Social 2023: Reviving Namibia’s Culture and Creative Industry for Economic Growth

Twelve (12) Namibian MSMEs will have an opportunity to showcase their products at the upcoming Creative Africa Nexus (CANEX) on the sidelines of the Intra-African Trade Fair (IATF) in Cote d’Ivoire this November following their successful win at the 2023 Technovation Social which took place in Windhoek, on Friday 31 March 2023. An initiative of […]

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Rwanda: How New Rwanda-Australia Trade, Investment Body Will Boost Ties

The Australia — Rwanda Trade and Investment Council (ARTIC), a new body formed during the Australian leadership retreat in Brisbane from March 24 to 25, aims to strengthen relations between Australia and Rwanda by building mutually beneficial links in business, education, and culture.The council which is composed of business and community leaders, plans to use […]

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Kenya: Belgium to Support Kenya’s Transformation Agenda

Berlin — Belgium will support Kenya’s development agenda through partnerships in trade and investment, health and renewable energy. It will also back peace and security plans in the region and climate adaptation. President William Ruto and Prime Minister of Belgium Alexander De Croo signed a Memorandum of Understanding on Political Consultations that will provide a […]

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Amadou Sall Honored with Prestigious Barka Award and Ten Diaspora Leaders Receive Luminaire Awards at African Diaspora Investment Symposium

SILICON VALLEY, CALIF. — The African Diaspora Network demonstrated its dedication to leading diaspora philanthropy, investment, and innovation at the just concluded African Diaspora Investment Symposium (ADIS) with its diverse panel discussions, keynote addresses, and the presentation of its Barka and Luminarie awards to distinguished Africans and Diasporans. The African Diaspora Network (ADN) demonstrated its […]