Category: Markets
Somalia Moves on with Progress on Daily Basis
Mogadishu (HAN) November 12, 2015 – Public Diplomacy and Regional Security and stability Initiatives News. latest Horn briefing is attached, Contents and News in Brief follow. For regional security and investment prospective Somalia moves on. A group of young people today held an event in Mogadishu to discuss vision 2030. According to the Chancellor of the…
The First Bloomberg Africa Business Media Innovators (BABMI) SUMMIT
Johannesburg (HAN) November 11, 2015. Public Diplomacy & regional Security. Last week, Ventures Africa notified you about the first Bloomberg Africa Business Media Innovators (BABMI) 3-day Summit scheduled to hold in Johannesburg, South Africa. The summit which began on Monday, 9th of November 2015, played host to influencers in the media, technology and business sectors from…
Maersk Oil Buys Stakes in Kenya & Ethiopia Licences
ADDIS ABABA (HAN) November 9, 2015. Public Diplomacy & regional Security. Maersk Oil has agreed to buy half of Africa Oil Corporation’s shares in three onshore exploration licenses in Kenya and a further two in Ethiopia for a fee that could rise to $845 million, it said Monday. The oil arm of Danish conglomerate A.P. Moeller-Maersk A/S…
Ethiopia: Coffee a Gold Mine on Its Last Leg
ADDIS ABABA (HAN) November 9, 2015. Public Diplomacy & regional Security. Ethiopian coffee, long representing close to 30% of the country’s foreign exchange earnings, is suffering from neglect by a government that prides itself with achieving more than 10% GDP annual growth. Fifteen million Ethiopians, 20% of the population, depend on coffee production and coffee-related activities, and coffee…
Standard Bank Opens a Representative Office in Ethiopia
ADDIS ABABA (HAN) November 5, 2015. Public Diplomacy & regional Security.Standard Bank Group, Africa’s largest bank by assets with offices in 20 African countries, has opened a representative office in Addis Ababa. Chief Executive, Ben Kruger, says this will act as an entry point for clients seeking to invest in Ethiopia and will be administered by…
Kenya & Ethiopia Buck the Trend for Africa’s Drop in Inflows
ADDIS ABABA (HAN) November 5, 2015. Public Diplomacy & regional Security. A report from the World Bank’s Migration and Development department says that remittance flows to Ethiopia from its Diaspora are significantly above average compared to the rest of the Sub-Saharan Africa. The general trend in sub-Saharan Africa over the last three years has shown virtually no…
Kenya: M-Pesa, Data Drives Safaricom H1 Revenues Up
Nairobi (HAN) November 5, 2015. Public Diplomacy & regional Security. Data and M-Pesa revenues have pushed Safaricom, Kenya’s largest telecommunications firm’s growth in net earnings by 23 per cent in the six months to September to $180 million compared to $147 million the previous period. While announcing the results Thursday, the telco’s chief executive Bob Collymore…
Ethiopia: Japan Business Investment for Geothermal Activities
Addis Ababa (HAN) November 5, 2015 – Public Diplomacy and Regional energy stability Initiatives News. – Japan Pledges to Support Ethiopian Geothermal Development. Japan Business Investment . Japan is ready to support the geothermal development activities of Ethiopia, according to Japan International Cooperation Agency (JICA). Speaking at the opening of a geothermal development workshop, on November…
Eritrea Adopts the Political philosophy of Marxism-Leninism
Asmara (HAN) November 5, 2015 – Public Diplomacy and Regional Security and stability Initiatives News. – The introduction of commercial banking in Eritrea, By. Neftalem Emanuel, themarketmogul. “The President, Isaias Afwerki, forwards his economic policies with a chauvinistic approach and therefore inoculates the people of Eritrea with the idea that the country does not need…
Djibouti: International Islamic Banking Summit for Africa
Djibouti (HAN) November 2, 2015. Public Diplomacy & Regional Security. by Matthew Amlôt, cpifinancial. The Central Bank of Djibouti is leading the way in terms of driving the practical legal and regulatory framework and Djibouti’s strong commitment to Islamic finance is further cemented by its drive to connect with the broader world of Islamic finance through…
