Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

STORY HIGHLIGHTS Starting in 2019, the World Financial institution supported a complete reform program that established Ethiopia’s first state-owned enterprises (SOEs) database, whereas strengthening oversight and updating the authorized and governance framework. The SOEs have shifted from absorbing public funds to producing them, contributing a mixed ETB 117 billion (roughly $720 million) to the nationwide…

Read More
Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

Afreximbank Raises Caricom Financing Cap to $5 Billion to Speed up Regional Transformation

Afreximbank President, Dr George Elombi addresses the fiftieth Common Assembly of the Convention of Heads of Authorities of the CARICOM in Basseterre, St. Kitts and Nevis Pan African Multilateral Financial institution, African Export-Import Financial institution (Afreximbank), has introduced a serious enlargement of its engagement with the Caribbean Group (CARICOM), growing its regional financing restrict from…

Read More
Cerillion wins multi-country BSS/OSS transformation in Southern Africa

Cerillion wins multi-country BSS/OSS transformation in Southern Africa

LONDON, July 22, 2024 /PRNewswire/ — Cerillion (AIM: CER), a number one supplier of BSS/OSS-as-a-Service options to the telecoms trade, immediately introduced additional particulars of a brand new five-year contract with a number one supplier of connectivity options in Southern Africa, first introduced in Might. Cerillion will implement its pre-integrated BSS/OSS suite to help a variety…

Read More
Pioneering youth employment to drive financial transformation in South Africa

Pioneering youth employment to drive financial transformation in South Africa

Thendo Nelutomboni As South Africa prepares to commemorate Youth Day on June sixteenth, Ndalamo Assets reaffirms its dedication to addressing youth unemployment and contributing to the nation’s financial transformation. Within the first quarter of 2024, the youth employment panorama noticed a notable shift. The variety of employed youths decreased by 7,000, bringing the entire to…

Read More