Browsing: Foreign Direct Investment (FDI)

• The AIM Congress 2025, scheduled for April 7-9 in Abu Dhabi, will gather global startup entrepreneurs, investors, and regulators under the theme “Connecting Visionaries and Building Futures.”
• The event aims to provide startups with insights, strategies, and opportunities to leverage the latest technologies and trends in the evolving digital ecosystem.
• Participants will collaborate on fostering innovation, forming cross-border partnerships, and driving growth towards building future unicorns.

For startup entrepreneurs globally, the primary dream is to see their idea evolve into one thing: unicorn. To achieve this feat, however, one has to invest a fortune in time, strategy, networks, tech to name but a few, and navigate the world of financing with military precision.

At the upcoming AIM Congress 2025, startup entrepreneurs across the world will be converging in Abu Dhabi in a meeting themed “Connecting Visionaries and Building Futures: Insights and Strategies for Aspiring Entrepreneurs and Visionary Startups & …

• AIM Congress 2025 is poised to show innovations that promise to redefine the finance industry at every level.
• The case for emerging digital currencies amid the need for cross-border regulatory requirements to feature in talks.
• Future of finance discussions to encompass fintech, sustainable finance, and risk management.

Globally, an evolution is underway. Innovations are defining the future of finance as individuals and corporations adopt new ways of borrowing, transacting, and investing.

Policy decisions on interest rates in key markets, vice-like regulatory requirements, and the now ubiquitous digital currencies are increasingly pushing governments to adopt mechanisms to accommodate new demands, and a different era emerges.

The tokenization of digital assets

For instance, private lending, the tokenization of digital assets, and the adoption of Artificial Intelligence (AI) in the financial systems’ value chain are fast-defining new modes of cross-border transactions as the future of finance unfolds.

For policymakers, investors, companies, and non-state …

Angola’s reforms in the oil sector including at national oil company Sonangol , are already yielding positive results, with 30 per cent of the company set to be privatized by 2022.

Sector reforms are set to be supported by an investment campaign drive by Africa Oil & Power including the Angola Oil & Gas Conference & Exhibition on June 2020, at the Talatona Convention Center.

The conference will be a global drive which will present opportunities to a targeted audience of relevant investors.

H.E. Diamantino Pedro Azevedo, Angola’s Minister of Mineral Resources and said that the government had made noteworthy progress in its efforts to restructure the oil and gas sector.

Also Read: EU and UNCTAD seek more coffee aroma from Angola

Angola’s initial achievements include significant reduction of costs at the national oil company (NOC) Sonangol which has led to the government decision to list up to 30 per …

Ethiopia emerged as the largest recipient of Foreign Direct Investment (FDI) in East Africa, a new report released by financial consulting firm EY shows.

The 2019 survey carried out by EY Attractiveness showed that Ethiopia attracted foreign investments worth Ksh.726.6 billion last year compared to Kenya’s foreign investments, which stood at Ksh.207.6 billion in the same period.

Tanzania’s foreign investment stood at Ksh.103.8 billion.

According to the report, the FDI Ethiopia received translated to 16,000 jobs from 29 projects, while Kenya created 6,000 jobs from 64 projects and Tanzania created 3,000 jobs from 19 projects.

An expert said that Ethiopia’s “efficient” business environment has helped its much higher FDI flow compared to the rest of the region.

Mr Francis Kamau, a tax partner at audit and consultancy EY East Africa said,” “Ethiopia has affordable electricity supply and is served by an efficient airline”.

Mr Kamau also added that Ethiopia has …