Day: October 23, 2014
-
The rebirth of Egypt
ByMerit Al-Sayed, Mark Esposito, and Terence Tse CAIRO – If macroeconomic indicators are to be believed, Egypt’s economic growth has ground almost to a halt over the past three years. Inflows of foreign direct investment have dried up, and GDP growth rates have plummeted from as high as 7% in 2008 and 2009 to merely 2% in 2013. But are…
Click Here to read more. - Africa
Leading African Infrastructure firm Black Rhino to meet with international stakeholders at Powering Africa: Ethiopia 2014
Founder and CEO of Black Rhino, Brian Herlihy, will attend and speak at the 3rd annual investment meeting Powering Africa: Ethiopia, taking place from 20-21st November in Addis Abeba. Black Rhino is comprised of finance and development experts including Managing Director Mimi Alemayehou, previously the Vice President of OPIC. Following the company’s recent merger with global asset management firm Blackstone,…
Click Here to read more. - Africa
Emirates to grow African operations by 40% in coming decade
Emirates is placing a strategic focus on Africa in the coming decade by increasing operations by over 40%, says Tim Clark, President of Emirates Airline. Speaking at the Africa Global Business Forum held in Dubai on 1 – 2 October, Clark said that Africa has been a great growth story for Emirates. “Today, Emirates fleet investment in Africa tops…
Click Here to read more. - Africa
Devex partnerships forum: bridging the global-local gap in Addis Abeba
Global development is going local — what will that look like a decade from now? The message from Ethiopia this week is that the answer will hinge on a new vision of partnership, guided by clear strategy and increasingly allied with a poverty-conscious private sector. “The ground beneath our feet is shifting,” Devex President and Editor-in-Chief Raj Kumar told…
Click Here to read more.