• Kenya fifth in investment returns in

    Kenya is a natural destination for people looking to invest in Africa with the hope of big returns, suggests a new report which has declared the country the fifth most rewarding investment environment in the continent.

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  • Schneider Electric to Maximize Investments in Egypt

    Schneider Electric is co-working with the Egyptian government to dispatch control centers for the electricity grid, which President Abdel Fattah El Sisi has placed as a national priority, Schneider Electric’s Regional President of Egypt, North East Africa, and the Levant, Walid Sheta, told Enterprise.

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  • State’s own up 17% in 1st eight months of 2019

    The State’s own resources grew 17% during the first eight months of 2019 which helped balance public finances and cut budget deficit by 1 percentage point to 3.9%, Finance Minister Ridha Chalghoum said after meeting Thursday with Interim President Mohamed Ennaceur in Carthage.

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  • Chinese textile manufacturer's investment thrives in Ethiopia

    As part of the Belt and Road Initiative (BRI) supported by the government, Chinese private textile manufacturers are exploring better development methods in Ethiopia.

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  • Ethiopia ranks high in investment reward score

    Control Risk Consultancy, a consulting firm headquartered in London, England, in consortium with the Oxford Economics, has placed Ethiopia at the top of the chart in Africa Risk-Reward Index, which ranks countries depending on the risks and rewards for investors there.

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  • Kenya, Ivory Coast named rising stars of global trade

    Kenya has been ranked position three in the top 20 markets with the greatest potential for future trade growth.  

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  • Afrexim Bank to open East Africa branch in October

    The African Export-Import Bank has signed a deal with Uganda, which will see the pan-continental investment lender open its East African branch office in Kampala.

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  • Standard & Poor’s (S&P) raises Rwanda’s credit rating

    Standard & Poor’s (S&P), an international financial services company, has upgraded Rwanda’s rating from a flat “B” to “B+” thereby boosting investor confidence in the country.

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  • Ethiopia to Open Banks for Ethiopian Investors in the Diaspora

    The government of Ethiopia recently passed a law that will enable Ethiopian in other parts of the world to invest in the country’s financial services industry. Quartz Africa reports that this move will open up the country’s industry which has been dominated by state-owned institutions.

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  • Kenya ranked top tech hub in sub-Saharan Africa

    Kenya has been ranked the second leading innovation hub in sub-Saharan Africa by the World Intellectual Property Organisation in its latest Global Innovation Index (GII) 2019 report.

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