Ethiopia

Ethiopia

Insights of private equity in Ethiopia – Schulze Global Investments

Great interview with Schulze Global Investments, the longest-established private equity firm in Ethiopia and run by a family office, with useful insights into the private ...

Ethiopia

“Africa’s largest” Helios III private equity fund to close at $1.1bn

Leading African private investment firm Helios Investment Partners, says it is about to close its 3rd Africa-focused private equity fund Helios III at the $1.1 ...

Capital raising

Demand soars for Ethiopia’s debut $1bn Eurobond, yields 6.625%

Ethiopia saw soaring demand yesterday (4 Dec) for its debut $1bn Eurobond, after a quick US roadshow. Total demand was $2.6bn and the yield on ...

Capital raising

$1.4bn petroleum pipeline proposed for Ethiopia

Private companies have proposed to the Ethiopian and Djibouti governments a $1.4 billion pipeline to bring petroleum to a distribution centre in Awash, Ethiopia. It ...

Capital raising

Ethiopia’s $865m rail finance part of $15bn rail projects

The Ethiopian Government recently closed a $865m financing package to fund part of the development of the country's giant new railway infrastructure, with 5,060km of ...

Capital raising

Ethiopia to ring in new year with Eurobond

Ethiopia’s Finance Minister is meeting international banks Barclays, Citi and BNP Paribas about a planned Eurobond issue for late December 2014 or January 2015. The ...

Capital raising

Ethiopia lures manufacturing with cheap power and labour costs a tenth of China’s

Low-cost manufacturing is shifting from China to Ethiopia, lured by cheap electricity and labour costs that are a tenth of China's. Ethiopia is building a ...

Capital raising

Ethiopia gets credit ratings from S&P and Fitch, plans Eurobond

Ethiopia, Africa’s fifth biggest economy, is thinking of a debut Eurobond, after it received its first international credit ratings on 9 May: it got B ...

Capital raising

The Africa Report food for thought on the “great game” in East Africa

An intriguing article just published by The Africa Report highlights the potential of the East African region, where the economy is forecast to grow 18-fold ...

Ethiopia

Nairobi Securities Exchange invites Ethiopian firms to list

Kenya has invited Ethiopian companies to list on the Nairobi Securities Exchange in a ground-breaking move that would let them raise capital and trade their ...

Ethiopia

More weather index insurance for African smallholder farmers

IFC signed 2 grant agreements with MicroEnsure Ltd for index-based weather insurance to help small-scale farmers in Rwanda and Zambia manage drought and too much ...

Ethiopia

Ethiopian Commodity Exchange trades over USD1bn in year to July

Ethiopia's Government says trading on the Ethiopian Commodity Exchange totalled transacted some Birr 20 billion ($1.06 bn) worth of commodities on the trading floor during ...

Capital raising

Jacana merges with InReturn Capital, launches $75m private equity fund for SMEs

Entrepreneurs running small and medium-enterprises (SMEs) in West and East Africa stand to benefit from a new $75m private equity fund. The announcement follows the ...

Cote d’Ivoire

World Bank says 4.8% growth for sub-Saharan Africa in 2012, cuts earlier forecast

The World Bank has cut its growth forecast for sub-Saharan Africa. Earlier in the year it forecast 5.2% growth overall for SSA economies in 2012, ...

Ethiopia

Silk African Food Fund munches into Ethiopian biscuits

The Silk African Food private equity fund, run by UK regulated specialist asset manager Silk Invest Ltd, has acquired a significant minority equity stake in ...

Ethiopia

5 Africans named social entrepreneurs of 2012

Five leading Africans and innovators were named Social Entrepreneurs of the Year 2012 Africa by the Schwab Foundtion last week at the World Economic Forum ...

Ethiopia

Making the market, the story of the Ethiopian Commodities Exchange

This article by Dr Eleni Gabre-Madhin, CEO of the Ethiopian Commodities Exchange, gives a fascinating, self-critical and revealing account of the creation of the exchange ...

Ethiopia

Duet and Vasari invest private equity in Ethiopia’s Dashen Brewery

London-based alternative asset manager Duet Group and Vasari, a company with a record of growing businesses, announced recently in a press release that they had ...

Capital raising

Ethiopia plans more bonds for $4.7bn hydropower dam

Ethiopia has raised Birr 7 billion ($408 million) of debt to finance the $4.8 bn Grand Ethiopian Renaissance Dam on the Blue Nile River, and ...

Capital raising

Berbera Port-China deal – change in the Horn?

Somaliland media sources and other rumours have suggested (12 Aug) that a deal on Somaliland’s Berbera port is imminent with China and Ethiopia.