As Africa strives towards financial inclusion, several countries in the continent are currently exploring the use of Central Bank Digital...

In 2024, Africa is poised to dominate the list of the world’s 20 fastest-growing economies, with eleven African nations expected to...

In 2023, African startups secured a total of $2.9 billion in funding across equity, debt, and grants for deals exceeding $100k, marking a...

According to the IMF, six of the top-10 fastest-growing economies are expected to emerge from Sub-Saharan Africa. Ivory Coast, leading...

Over the past two decades, China has emerged as one of the largest business partners for sub-Saharan Africa, purchasing over a fifth of...

A new report reveals a remarkable shift in where investors are focusing their attention in East Africa, a trend driven by recent global...

In a clear indicator of the rise of digital finance, mobile money services are growing faster than anticipated globally and most notably...

Africa is home to many large companies: at least 345 companies have annual revenues of at least $1 billion and collectively, they produce...

Africa is the one region of the world where renewables play a truly dominant role in energy consumption. About 87% of Ethiopia's energy...

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%...

Reforms are underway to make the process cheaper and simpler to start a business in Ethiopia 📈 ⁠ This will spur innovation, economic...

Offshoring is when a business moves some of its operations overseas to reduce costs and access a larger pool of skilled people. As labour...

Ethiopia was the fastest growing economy in Africa between 2010 and 2019 📈 Ethiopia’s economy experienced strong, broad-based growth...

According to the latest fDi Intelligence study, Addis Ababa ranked as the world’s second-best location to set up a data center. Beijing...

According to recent UN forecasts, the population of Africa is projected to double by 2050 to over 2 billion, accounting for most of the...

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...

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...

As part of its massive investment reforms, Ethiopia has opened certain segments of the economy to foreign investors in efforts to boost...

According to Bloomberg, Ethiopia’s bonds are the best-performing sovereign debt in emerging markets this year. The bonds have rallied 6...

Africa’s Internet economy has the potential to reach $180 billion by 2025, accounting for 5.2% of the continent’s gross domestic product...