Daily Archives: March 20, 2019

19 posts

Ethiopia opens up budding logistics sector

By Tom Gardner ABN# Ethiopia has high hopes for manufacturing and exports, but the country will not be competitive until it solves its logistical problems. To that end, the state is starting to liberalize the sector. In January, it emerged that Ethiopian exports had once again disappointed, undershooting the government’s six-month […]

Africa’s investment outlook is bright

By Obi EjimofoChief Innovation Officer at Asoko Insight ABN# New sources of investment spell an upbound moment for Africa. The case for the optimists: Deals data analyzed by Asoko Insight show investors are bullish about Africa, with 861 deals undertaken between 2015 and 2018 and the number of deals growing annually. 44% […]

Pound falls as Brexit saga takes another turn

ABN# Sterling was on the slide on Wednesday as Theresa May requested a three-month delay to Brexit, plunging Britain deeper into crisis. The pound shed 0.5% versus the US dollar to 1.319 at the London market close. Against the euro, sterling was also down 0.5% at 1.162. It came after […]