Remittances from the Zimbabwean diaspora reached $1.9 billion between January and September 2024, a 16.5% increase compared to the same period in 2023.
Post-Bench — the Canada-based accounting and tax platform that shut down after raising $113 million — founders worldwide are increasingly scrutinizing their cap tables.
“The AAA rating allows us to forge stronger ties with Asian markets, enabling investments that drive economic development, job creation, and prosperity in Africa.”
Ethiopia, Africa’s second most populous nation with approximately 120m people, experienced robust economic growth, often exceeding 10 per cent annually, between 2004 and 2019.
A Toyota-backed fund, an Abu Dhabi sovereign investor and a Hong Kong merchant bank sat at the centre of August's largest African-linked funding round. None of them was there by accident.