BasiGo of Ethiopia Raises USD 42 Million to Enhance EVM Initiatives
(3 minutes Read)
This investment, which includes USD 24 million in Series A equity funding and USD 17.5 million in debt facilities, marks a pivotal...
ESX Signs MOU with Nairobi Securities Exchange
(3 Minutes Read)
At the signing ceremony, ESX CEO Tilahun Ismael (PhD) highlighted the strategic collaboration's focus on fostering knowledge exchange, capacity building, and promoting...
Telebirr to Offload 10% of Equity to Public on Its Own
(3 Minutes Read)
Prime Minister Abiy Ahmed launched the IPO on October 16, 2024, during a ceremony at the Sheraton Addis, where 100 million shares...
Ethiopian Central Bank to Address Liquidity Crunch of Commercial Banks
(3 Minutes Read)
Regulators say the measure is intended to guard against “unforeseen liquidity shortages arising from external or internal shocks, which could threaten the...
Kenya’s Top Court to Rule on Validity of Impeachment of VP Gachagua
(3 Minutes Read)
Parliament which is dominated by the ruling alliance has petitioned the High Court to lift orders barring Kindiki from assuming DP’s office,...
Tanzania Prepares Universal Insurance Rules for Its Citizens
(3 Minutes Read)
The Government of Tanzania is finalizing regulations for the Universal Health Insurance legislation to facilitate its effective implementation, including the setting up...
USD 1 bn Traffic Decongesting Project in Dar es Salaam with Chinese Support
(3 Minutes Read)
The Tanzanian Government is holding talks with China Overseas Engineering Group Co. Ltd. (COVEC) which has expressed interest in investing upwards of...
Tanzania’s ESRF Contributions to Policy Formulation Immense: Executive Director
(3 Minutes Read)
One of ESRF’s most notable contributions has been its involvement in the formulation and review of sector policies and programs across various domains, including...
Iran to Set Up Tractor Assembly Plant in Tanzania
(3 Minutes Read)
Minister for Foreign Affairs and East African Community Ambassador Mahmoud Thabit Kombo, along with Iran’s Minister for Agriculture Jihad, Gholamreza Nouri, witnessed...
Tanzania Bags Top Tourism Awards of WTA
(3 Minutes Read)
Tanzania claimed double honors, being recognized as Africa’s Leading Destination in 2024 while the Tanzania Tourist Board (TTB) was recognized as Africa’s...
