ABDAS – Africa information and Business Directory
Africa information and Business Directory
Ethiopia has secured $1 billion in FDI (foreign direct investment) during the first four months of the Ethiopian fiscal year, which began on July 8, 2021, according to Lelise Neme, …
Ethiopia Secures $1 Billion in Foreign Direct Investment in 4 Months Read More
FMO, a Dutch entrepreneurial development bank, has increased its investment in REGMIFA, the Regional MSME Investment Fund for Sub-Saharan Africa, to $10 million. This new investment will help Africa’s MSME …
FMO continues its flow of investment into REGMIFA Read More
The Egyptian Junior Business Association (EJB) announced its African Junior Business Initiative during the African Investment Promotion Agencies (IPAs) Forum. The statement was made by EJB Chairman Gamal Abou Ali, …
At the IPAs Africa Forum, EJB introduces the African Junior Business Initiative. Read More
The African Private Equity and Venture Capital Association (AVCA), a pan-African trade association that promotes and facilitates private investment in Africa, has released its second Venture Capital in Africa. Africa’s …
Africa is seeing unprecedented amounts of venture capital investment. Read More
African companies raised $1.19 billion in the first half of 2021, according to BFA Global’s Senior Venture Builder. This is more than double the amount raised by African companies in …
African startups raises more than $1 billion In the first half of 2021 Read More
At a recent Council of Ministers meeting, the Burundian government approved the project to build 2 hydroelectric power stations on the Ruvyironza and Mulembwe rivers. These facilities, which will insert …
Burundi: Bujumbura Approves the Construction of 2 Hydroelectric Power Stations Read More
The announcement of a $100 million investment by multinational payments giant Mastercard in Airtel Africa’s mobile money business arm reflects the steady growth and excitement in Africa’s digital payment market. …
Mastercard to invest $100m in Airtel Africa’s mobile money Read More
With a $200 million investment, the World Bank has announced new funding for Ethiopia’s digital transformation. The organization is currently working on a new initiative named Digital Ethiopia Foundations, in …
Ethiopia receives $200m loan from World Bank for digital transformation Read More
Under a trade agreement signed by the two nations, British firms will be able to export goods to Kenya tax-free for a duration of 25 years. However, the post-Brexit trade …
Kenya grants British goods 25-year free entry in trade agreement Read More
A USD 300 million concessional loan agreement was signed by Tanzania and South Korea to fund development projects. The agreement was signed by Doto James, the Permanent Secretary of the …
Tanzania, South Korea sign a US$300M concessional loan agreement Read More