Ethiopia loosens its grip on financial sector as US based Ethio Lease joins
The National Bank of Ethiopia today granted the first financial services license to a foreign-owned company, Ethio Lease, as the Ethiopian Government ...
Tag: Ethiopia
Inside the Ethiopian record breaking 350 Million tree planting campaign
A nation-wide tree planting initiative kicked off on the morning of Monday 29th July aimed at breaking the world record ...
Africa’s FDI still on the rise and World rates slow
Africa escaped the global decline in foreign direct investment (FDI) as flows to the continent rose to US$46 billion in ...
Will Ethiopia’s informal lending sector stymie foreign banks’ growth?
The Ethiopian banking sector is comprised of the National Bank of Ethiopia (NBE), two government-owned banks and sixteen private banks.
Canadian angel impact network registers a key exit in Ethiopia
RENEW’s Impact Angel Network (IAN), one of the most active equity investors in Ethiopia with an expanding presence in East ...
Ethiopia’s hope as power rationing enters third week
Of the estimated up to 45,000 MW potential, 30,000 MW is estimated to be economically feasible which is equivalent to ...
Angel investors to fund women entrepreneurs in Uganda and Ethiopia
RENEW and the Impact Angel Network (IAN) have committed capital to a fund dedicated to investing in women-owned and led companies in ...
World Bank raises $700 million for cyclone Idai victims
The World Bank has increased emergency support for the three Southern African countries affected by a devastating cyclone that killed ...
Africa becomes world’s largest free trade zone
AfCFTA, when fully ratified, will cover more than 1.2 billion people with a combined GDP of USD2.5 trillion.
Africa’s property market thrives on domestic capital
Private capital remains an important driver of investment activity in much of Africa Office yields remained largely stable in most ...
