Finance

First Brick Holdings to help accelerate Ethiopia’s digital economy with data centre

Raxio Ethiopia will offer data centre colocation services where businesses operating out of Ethiopia can house their critical IT infrastructure in an optimally operated and secure environment. (Image source: Ethen Rera/Flickr)

First Brick Holdings, a US-based investment company, has announced that it is establishing and investing in ‘Raxio Ethiopia’, which will build and operate the first privately owned data centre in Ethiopia

There's still time to implement South Africa's reforms, says Afreximbank chief

Dr Hippolyte Fofack, chief economist at Afreximbank. (Image credit: Afreximbank)

Dr Hippolyte Fofack, chief economist at the African Import/Export Bank, (Afreximbank) talks to African Review about the potential growth of South Africa’s economy despite the challenges ahead

Uganda trade minister addresses UIOGS on local content and diversification

Ms Kyambadde said regional cooperation was important if the oil and gas industry was going to succeed in Uganda. (UNCTAD/Flickr)

Amelia Kyambadde, Uganda’s minister for trade, industry and cooperation, stressed the importance of meeting and exceeding local content requirements and diversifying the economy beyond oil and gas when she addressed the Uganda International Oil & Gas Summit (UIOGS) in Kampala yesterday

Ecobank announces appointment of new senior fintech advisor

Ecobank is set for long-term sustainable growth. (Image source: gabrielmillaire/Flickr)

Ecobank Group, the pan-African bank, has announced the appointment of Aissatou Djiba Diallo, formerly of Microsoft, as its new senior fintech advisor to strategically raise Ecobank’s support for the fintech sector