Impacts Of Kenya's Finance Bill 2024 On The Local Economy
The 2024/25 Kenya Budget, presented by Finance Minister Njuguna Ndung’u, has sparked intense debate. With a budget deficit at 3.3% of GDP...
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mercy munyao
- Jun 23
- 2 min
How Africa's Mineral Wealth Can Supply The Clean Energy Transition
Sub-Saharan Africa has a unique opportunity to capitalize on its abundant critical mineral reserves amidst the global shift towards clean...
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merabweri
- May 5
- 2 min
Could Carbon Credits Become Africa's Net Big Export?
Carbon credits are emerging as a strategic tool for combating climate change by allowing companies and countries to offset their carbon...
8 views0 comments
merabweri
- Apr 14
- 1 min
Several African Central Banks Are Exploring Digital Currencies to Enhance Payment Systems.
As Africa strives towards financial inclusion, several countries in the continent are currently exploring the use of Central Bank Digital...
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merabweri
- Mar 28
- 1 min
Africa dominates list of the world’s 20 fastest-growing economies in 2024
In 2024, Africa is poised to dominate the list of the world’s 20 fastest-growing economies, with eleven African nations expected to...
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merabweri
- Feb 26
- 1 min
Trends in African Startup Funding Show a Shift in Investor Focus
In 2023, African startups secured a total of $2.9 billion in funding across equity, debt, and grants for deals exceeding $100k, marking a...
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merabweri
- Feb 26
- 1 min
Six of the Top 10 Performing Economies in the World are Expected to Come From Sub-Saharan Africa in 2024.
According to the IMF, six of the top-10 fastest-growing economies are expected to emerge from Sub-Saharan Africa. Ivory Coast, leading...
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spotlightethio
- Jan 2
- 1 min
Chinese Lending to Africa Fell to its Lowest Level in Two Decades
Over the past two decades, China has emerged as one of the largest business partners for sub-Saharan Africa, purchasing over a fifth of...
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spotlightethio
- Nov 6, 2023
- 1 min
Major Shift in Investment Strategies Across Sectors in East Africa
A new report reveals a remarkable shift in where investors are focusing their attention in East Africa, a trend driven by recent global...
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spotlightethio
- Aug 9, 2023
- 1 min
Africa Accounts For 66% Of The World's $1.2 Trillion Mobile Money Market
In a clear indicator of the rise of digital finance, mobile money services are growing faster than anticipated globally and most notably...
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spotlightethio
- Aug 9, 2023
- 1 min
Africa Has At Least 345 Companies With Revenues of $1 Billion Or More
Africa is home to many large companies: at least 345 companies have annual revenues of at least $1 billion and collectively, they produce...
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spotlightethio
- Apr 21, 2023
- 1 min
87% of Ethiopia's Energy Consumption is Powered by Renewables
Africa is the one region of the world where renewables play a truly dominant role in energy consumption. About 87% of Ethiopia's energy...
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spotlightethio
- Mar 6, 2023
- 1 min
Venture Capital Funding Continued To Grow In Africa Despite Global Slump
The African Tech sector was one of the few, if not the only, VC markets to boast net growth funding and deals in 2022. VC funding grew 8%...
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spotlightethio
- Feb 9, 2023
- 1 min
The Cost of Starting A Business In Ethiopia Is $152.78 USD
Reforms are underway to make the process cheaper and simpler to start a business in Ethiopia 📈 This will spur innovation, economic...
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spotlightethio
- Feb 6, 2023
- 1 min
Ethiopia Is Emerging As A Global Offshoring Destination
Offshoring is when a business moves some of its operations overseas to reduce costs and access a larger pool of skilled people. As labour...
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spotlightethio
- Feb 6, 2023
- 1 min
Ethiopia’s Economy Grew The Fastest In Africa From 2010 to 2019, Averaging 9.45% Per Year
Ethiopia was the fastest growing economy in Africa between 2010 and 2019 📈 Ethiopia’s economy experienced strong, broad-based growth...
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spotlightethio
- Feb 6, 2023
- 1 min
Addis Ababa Ranks Second As World’s Best Location To Set Up Data Centers.
According to the latest fDi Intelligence study, Addis Ababa ranked as the world’s second-best location to set up a data center. Beijing...
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spotlightethio
- Feb 6, 2023
- 1 min
More Than Half Of Global Population Growth Between Now And 2050 Will Occur In Africa.
According to recent UN forecasts, the population of Africa is projected to double by 2050 to over 2 billion, accounting for most of the...
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spotlightethio
- Feb 6, 2023
- 1 min
Foreign Direct Investment To Ethiopia Grew By 79% To $4.3 Billion In 2021.
Foreign direct investment (FDI) flows to Ethiopia grew by 79% to $4.3 billion in 2021, making it one of the top FDI country destinations...
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spotlightethio
- Feb 6, 2023
- 1 min
Total Private Wealth Held In Africa Is Expected To Reach $3 Trillion USD By 2031.
The total private wealth currently held by individuals on the African continent is US$2.1 trillion and is expected to rise by 38% over...
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