November 22
Africa: Unveiling Africa's Greatest Hidden Assets - The Rise of Female Entrepreneurs [guest column]
allAfrica
The African investment climate is optimistic. The African Development Bank's 2024 outlook was explicit. Africa's economic performance was strong and shows resilience, but that… Read more »
Rwanda: Rwandan Distillery Imizi Plots Expansion As It Raises $500,000 in Pre-Seed Funding
New Times
IMIZI Rum, a Rwandan spirits brand, has said that it has raised $500,000 (approximately Rwf686 million) in a pre-seed funding in less than a year round led by angel investors from… Read more »
November 21
Nigeria: We'll Continue to Prioritise Social Investment Programmes - Tinubu Tells IMF Chief
Vanguard
President Bola Tinubu has assured of his commitment to prioritise the welfare of the poor and most vulnerable Nigerians even as his economic reforms bear fruit. Read more »
Angola: Angola Presents 'Ombala Yo Balundo' Tourist Itinerary in Brazil
ANGOP
The tourist itinerary called "Ombala Yo Balundo" is among the main highlights to be presented by Angola, during the "Black Consciousness" week, which takes place in Brazil,… Read more »
November 20
Ethiopia: Japan Marks 70-Year of Dev't Cooperation With Ethiopia
Ethiopian Herald
ADDIS ABABA - The Embassy of Japan and Japan International Cooperation Agency (JICA) Ethiopia Office celebrated 70 years of Japan's development cooperation with Ethiopia which was… Read more »
Namibia: MSC's Africa Global Logistics Plans N$731-Million Investment Into Namibia
Namibian
The Mediterranean Shipping Company (MSC) Africa Global Logistics unit (AGL) has announced plans to invest up to N$731 million in Namibia by 2030. Read more »
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West Africa: The African Development Fund Releases Initial Support of $99 Million to Finance the Development of Rice Cultivation Value Chains in West Africa
African Development Bank (AfDB)
The Board of Directors of the African Development Fund has approved initial funding of $99.16 million to develop regional rice cultivation value chains as part of the Regional West… Read more »
Zimbabwe: Recognition for Sterling Efforts
The Herald
Prevail International Group chairman, Dr Paul Tungwarara, won the outstanding Diaspora Investor Award at the Africa Investment Leaders Forum and Awards ceremony organised to ignite… Read more »
November 19
Africa: WHO Investment Round - Culminating Moment At G20 Summit As Leaders Pledge
WHO
The first-ever Investment Round of the World Health Organization (WHO) reached a culminating moment during the G20 Leaders' Summit today in Rio de Janeiro, chaired by the President… Read more »
Ethiopia: PM Abiy Praises Etno Mining for Its Significant Investment in Ethiopia
ENA
Prime Minister Abiy Ahmed has congratulated ETNO Mining, a Scandinavian-based gold exploration and mining company on its significant investment in Dima Woreda, Gambela Region of… Read more »
Africa: Tobacco Isn't a Good Investment - Study Shows a Decline in Stock Prices Since 2016 [analysis]
The Conversation Africa
Environmental, social and governance investing, also known as impact or socially responsible investing, has become a popular concept. It's based on awareness of the impact that… Read more »
West Africa: Nigeria's Investment Appetite Grows, Mutual Funds Up 89.5 Percent to N3.8trn
Vanguard
Nigerians' appetite for secured investment has pushed the Net Asset Value (NAV) of Mutual Funds to N3.781 trillion in the first week of this month, up 89.5 % from N1.995 trillion… Read more »
November 18
Africa: Arab-African Investment Summit Honours First Lady
The Herald
Empowerment champion First Lady Dr Auxillia Mnangagwa has been honoured with a prestigious award in recognition of her dedication to vulnerable communities at the Arab-African… Read more »
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Africa: COP29 - Mdbs Double Down On Climate Goals With New Financing and Impact Frameworks
African Development Bank (AfDB)
Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate… Read more »
November 15
Zimbabwe: Bulawayo Deputy Mayor, Councillor Arrested for Demanding U.S.$20,000 Bribe From Chinese Investors
New Zimbabwe
Bulawayo Deputy Mayor Edwin Ndlovu and chairperson of Finance and Development Committee councillor Mpumelelo Moyo have been arrested by the Zimbabwe Anti-Corruption Commission… Read more »
Rwanda: Rwanda, Poland Sign Air Service Agreement
New Times
Rwanda and Poland on Wednesday, November 13, signed a bilateral air service agreement (BASA). Read more »
November 14
Nigeria: NNPC, Dangote Sign 10-Year Gas Supply Deal to Boost Domestic Production
Premium Times
Under the terms of the agreement, NGML will provide a firm daily supply of 50MMSCF/D, with an additional 50MMSCF/D as interruptible gas, over an initial 10-year period, with… Read more »
Africa: Equity Group and Deg Launch German Desk to Boost Trade and Investment in East Africa
Nile Post
Equity Group Holdings Plc and DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have announced the launch of the German… Read more »
Kenya: Adani Group Shifts Focus to $10 Billion U.S. Investment After Kenya Setback
Business Day Africa
The Adani Group is now setting its sights on the U.S. market after facing significant pushback in its bid to enter Kenya. Read more »
November 13
Africa: Countries Are Pledging Money They Don't Control At COP29
Daily Maverick
Over the next two weeks, nearly 200 countries participating in United Nations climate talks in Azerbaijan will negotiate a new, possibly multi-trillion-dollar annual finance goal… Read more »
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Ethiopia: Dereja, in Partnership with the Ministry of Labor and Skills and the Mastercard Foundation, to Host the 5th National Career Expo, Connecting Over 30,000 Recent Graduates
Mastercard Foundation
Dereja, in partnership with the Ministry of Labor and Skills (MOLS) and the Mastercard Foundation, will host the 5th National Career Expo on November 6 - 7, 2024, at Millennium… Read more »
November 12
Ethiopia: Kefi Offers 30 Mln USD Worth Investment Opportunity to Ethiopians
Ethiopian Herald
UK-based miner,KEFI Gold and Copper PLC, announced that it has offered Ethiopians a 30 million USD investment opportunity under its 500 million USD worth mining investment in… Read more »
Zimbabwe: GMB Gets U.S.$13m for Grain Deliveries
The Herald
The Government has released US$13 million and ZiG115 million to the Grain Marketing Board towards payment of deliveries by farmers, Parliament heard yesterday. Read more »
Liberia: Liberia to Benefit From Major Rail Investment in the Mining Sector
New Republic
ArcelorMittal Liberia (AML) is set to bolster Liberia's mining sector with an important expansion of its locomotive and wagon fleet. The aim is to increase transport capacity for… Read more »
Nigeria: Interest Rate, Others Drive Foreign Portfolio Investment Up By 170%
Vanguard
The Central Bank of Nigeria, CBN's, high interest rate regime and foreign exchange policy have whetted the appetite of Foreign Portfolio Investors, FPIs, as inflows amounting to… Read more »
Ethiopia: Ministry Invites Investors to Join Ethiopia's Lucrative Agribusiness
Ethiopian Herald
Ministry of Agriculture expressed readiness to engage development partners and investors in various agricultural investment areas thereby scaling up the success stories registered… Read more »
Nigeria: Alake Woos South African Mining Investors
This Day
The Minister of Solid Minerals Development, Dr. Dele Alake has charged South African investors and global mining giants to seize the opportunities presented by ongoing reforms and… Read more »
November 11
Ethiopia: Ethiopia, Australia Highlight On Importance of Deepening Partnership Within Multilateral Forums
ENA
Foreign Affairs State Minister of Ethiopia, Ambassador Mesganu Arga, met today with Julia Niblett, Ambassador of Australia to Ethiopia. Read more »
