Impact. Business│Finance│Startups

@ImpactEth

Kanal geosi va tili: Efiopiya, Inglizcha

Toifa: Biznes va startaplar

www.hamrawisolutions.com
This blog delves into various local and global issues concerning Business, Finance and Startups
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Связанные каналы

Kanal geosi va tili

Efiopiya, Inglizcha

Toifa

Biznes va startaplar

Statistika

Saralanganlar

Postlar filtri

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Impact. Business│Finance│Startups

29 Nov 2023, 08:18

Hamrawi Advisory is assisting two FMCG companies in their search for senior accountants. Please apply if this is you.

https://forms.gle/yB7w5KSi3nqb4BX4A

Partner Content

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Impact. Business│Finance│Startups

28 Oct 2023, 12:24

ECMA's draft Public Offer directive sets rules for prospectuses in securities offerings. Here are the key points:

1. Prospectus Requirement:
- Money can't be accepted without an approved prospectus.
- The prospectus must meet requirements.
- Authority's registration isn't an endorsement.

2. Exemptions from Prospectus Obligation:
- Private placements and certain share issuances are exempt.
- Distribution of shares to existing shareholders. Read more on: https://t.me/HamrawiBusinessAdvisory

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Impact. Business│Finance│Startups

26 Oct 2023, 18:04

Hamrawi dan repost

Ethiopian Capital Market Authority has made the draft ‘Public Offer directive’ available. Below are some of the requirements to offer securities to the public set out in the Draft Directive:

🔹 *Eligible Entities*: Share companies, statutory bodies and banks are authorized to offer securities to the public.

🔹 *Requirements for Issuers:* Compliance with corporate governance standards, audited financial statements, solvency, freely transferable securities, and cash-based public offers.

🔹 *Prospectus*: A valid and approved prospectus.

🔹 *Appointment of Investment Bank:*

🔹 *Additional Registration Requirements:* Alongside general registration, issuers must submit vital documents, including an independent legal opinion, agreements, evidence of an escrow account, expense schedules, and consents from involved parties.

For a more detailed read, access the directive or visit the regulatory authority's website.

https://lnkd.in/e9iSjaf5

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Impact. Business│Finance│Startups

2 Dec 2022, 15:09

Musk's brain implants months away

Elon Musk’s brain implants are closer to becoming a reality. The billionaire said his brain-computer interface company Neuralink should be ready to implant its first devices into human subjects within six months.

The devices, which Musk describes as smartwatches in your skull, will let users control a computer through brain activity; they have already been implanted in monkeys. Though Musk claims Neuralink will eventually help people with diseases or disabilities like congenital blindness, many experts are skeptical.

Read more...

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Impact. Business│Finance│Startups

1 Dec 2022, 10:29

Can you earn money online from Udemy when you are based in Ethiopia?

The answer, yes, absolutely! Below is a step by step guide on how you can earn money online in Ethiopia:

1. Pick a Topic of Interest

The first step is to pick a topic that you will teach on Udemy. You should make sure that your topic of interest is something that you know very well. It can range from Business related topics to Personal development topics such as Parenting and Nutrition

Read more...

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Impact. Business│Finance│Startups

13 Nov 2022, 13:00

World's Richest 30 year old's company - FTX files for bankruptcy

(BBC)Embattled cryptocurrency exchange FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users.

It is a massive turn of fortunes for the 30-year-old, who had headed the world's second largest crypto exchange.

In just over a week, his FTX empire has collapsed, shaking confidence in the already troubled crypto market.

Impact

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Impact. Business│Finance│Startups

12 Nov 2022, 09:00

Digital Farming (An EY must read)

This world, in which one in nine people still go to bed hungry every night, is the same world in which more than 30% of food production goes to waste, and in which US$1 trillion of value is lost across the agricultural value chain each year.

Three quarters of the world’s hungry and undernourished are smallholder farmers and their families.

Despite the many barriers they face, these farmers are responsible for more than half of the food calories produced globally. Digital innovations, such as using a mobile app to track harvests and purchase seeds, can offer a lifeline; by increasing efficiency, yields and incomes to previously unattainable levels.

Read more

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Impact. Business│Finance│Startups

11 Nov 2022, 09:00

Alphabet
• Alphabet, Google's parent company, is a tech giant with a $1.7 trillion market cap.
• While Google is the flagship subsidiary, Alphabet has grown through a series of key acquisitions across the domains of hardware and software.
• Some of the most prominent companies owned by Alphabet also include YouTube, Nest, and Waze.

Source: Investopedia

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Impact. Business│Finance│Startups

11 Nov 2022, 05:35

Who is the parent company of Google?

So‘rovnoma

Google
Alphabet
Meta

95 ta ovoz

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Impact. Business│Finance│Startups

13 Oct 2022, 08:00

Canva Lands $40 Billion Valuation Following Funding Round

Users have created more than seven billion designs with Canva. The software allows users to modify more than 800,000 templates to create images for social media and online businesses without hiring a graphic designer.

The company has kept investors hooked on potential Canva stock since it reported an astounding post-funding valuation.

The company’s valuation surged nearly seven times over from its June 2020 post-funding valuation of $6 billion.

As of now, there are no public announcements or official plans for the Canva IPO. The company remains private for now and does not have public stock.

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Impact. Business│Finance│Startups

12 Oct 2022, 06:27

American millennials aged 21 - 42 prefer investing in Crypto instead of buying shares. If you were given the chance, which would you prefer?

So‘rovnoma

Crypto
Shares/ Equity

76 ta ovoz

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Impact. Business│Finance│Startups

5 Jul 2022, 13:00

Vodacom Group expects Safaricom Ethiopia to breakeven in 4 years

The Group’s Medium and long term ambition for Safaricom Ethiopia
• US$1.5 – 2.0 billion investment in capex over the next 5 years.
• Network rollout of 10 000 to 12 000 sites in the next 10 years.
• Safaricom Ethiopia to reach EBITDA break-even in 4 years and an EBITDA margin of 40% in 10 years.

The Group plans to achieve its ambitions through:
• Aggressive network expansion.
• SIM card penetration.
• Mobile money product launch.

Read More on www.hamrawisolutions.com/vodacom-group-expects-safaricom-ethiopia-to-breakeven-in-4-years/

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Impact. Business│Finance│Startups

15 Jun 2022, 15:00

Driving change by empowering women impact entrepreneurs

Cartier Women’s Initiative Awards 2022

To be considered for the Regional Awards, the applicant and her business must meet the following eligibility criteria:
• For-profit
• Early-stage: between 1 and 6 years of licensed/registered operations
• Revenue generation: The business should be generating revenue from the sales of its products and/or services for at least 1 year as of the date of application.
• Positive impact
• Leadership: The applicant must be a woman and she must fill one of the main leadership positions, for example as CEO, COO, CTO, General Manager, or Managing Director of the business.
• Time commitment
FINANCIAL CAPITAL SUPPORT
• US$ 100,000 grant for each first-place awardee
• US$ 60,000 grant for each second-place awardee
• US$ 30,000 grant for each third-place awardee

Impact

Apply

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Impact. Business│Finance│Startups

15 Jun 2022, 10:51

Amhara Bank to Start Operations the Coming Saturday

Amhara Bank has announced it will start operations on June 18, 2022 with 70 branches. It will start operations with a signed up capital 6.5 billion birr and paid up capital of 4.8 billion birr. It has also said that it will increase its number of branches to over a 100 by July 7th.

Leading up to its opening on Saturday the 18th of June, the bank has various activities lined up including a Blood Donation program this Thursday and an Arts and Cultural night on Friday.

Impact

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Impact. Business│Finance│Startups

8 Jun 2022, 11:32

M-Pesa to transact in 200 countries after deal with Visa

Millions of M-Pesa customers can now pay for goods and services in more than 200 countries under a deal with Visa that further cements the platform’s leading position as a mobile money service provider, says Business Daily Africa.

Safaricom inked the deal with Visa to form M-Pesa GlobalPay Visa Virtual card that allows them to transact up to ETB 66,000 per payment and ETB 133,000 per day.

Impact

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Impact. Business│Finance│Startups

3 Jun 2022, 15:00

You are running a business with growth and innovation potential in Africa, in Mobility tech & services?

You’re seeking financial support starting from EUR 100k to grow your business rapidly and dramatically?

You might be looking for a strong partner in the mobility industry who could help you expand your business?

Mobility 54 is a corporate venture capital of Toyota Tsucho & CFAO group – the largest distribution network in Africa.

Am I eligible for the program?

To be eligible for the program, you’ll need to meet the following criteria:
• Be early to mid-stage startup realizing a significant part of the activity in Africa
• Operate in the Mobility Tech & Services business sector (cf. detail scope hereunder)
• Businesses with a minimum of 3 months’ revenues
• Be an innovator and demonstrate a growth potential with strong market traction

Sectors: Automotive, Green transportation and electric motors, Smart city solutions, Transport and logistics

Impact

Apply

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Impact. Business│Finance│Startups

3 Jun 2022, 09:00

Ethiopia: 4th on the Top 10 African Countries list of Hotel Chain Pipeline Survey

Ethiopia has been identified by W Hospitality Group as one of the top 10 countries with the most hotel rooms under construction in 2021. It has been stated that the country has 33 hotels with 5,886 hotel rooms in the pipeline of which 65% or on the construction phase.

Egypt tops the list with 19,272 hotel rooms in the pipeline, followed by Nigeria with 9,032 hotel rooms and Morocco with 6,084 hotel rooms.

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Impact. Business│Finance│Startups

2 Jun 2022, 15:00

Catalyst Fund

Apply now to become a Catalyst Fund company!

What they offer

They are actively looking for early-stage startups that improve the resilience of underserved and climate-vulnerable communities in emerging markets. Our next cohort will kick off in July 2022.
• USD $100,000 in cash.
• USD $100,000 of venture building support.
• Access to a global network of 100+ investors.
• 1 sponsored intern.
• Up to $175,000 value in Catalyst Fund perks.
• 1 sponsored impact report by 60 Decibels.
• Dedicated PR and marketing support.

What they look for
• Product: Fintech and climate resilience startups.
• Customers: Serving underserved and climate-vulnerable communities.
• Team: Local founders or co-founders, gender-balanced leadership teams.
• Geography: Africa.
• Traction: Company has products in the market, some customers, and working toward product-market fit.
• Stage: Pre-Seed.

Impact

Apply

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Impact. Business│Finance│Startups

2 Jun 2022, 09:00

A $100 million Coca-Cola bottling plant inaugurated in Sebeta

Coca-Cola Beverages Africa (CCBA) has officially inaugurated a new $100 million Coca-Cola bottling plant at Sebeta on May 31st.

The new plant is set to unlock export opportunities, increase local production and generate 500 jobs in the country.

Impact

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Impact. Business│Finance│Startups

31 May 2022, 11:28

3 Ethiopian Brands amongst 25 Most Admired African Brands

Anbessa (#4), Ethiopian Airlines (#5) and Sole Rebels (#19) made it to the Top 25 Most Admired African Brands (Prompted) based on a survey conducted by Brands Africa.

In addition, in the Africa 100: Africa’s best brands rankings list, Anbessa ranks 29th whereas Ethiopian Airlines made a grand entrance at #51. It was the first out of the big three African airlines (Ethiopian Airlines, Kenya Airways and South African Airways) to resume service and has been praised for its strategy in converting passenger planes into cargo planes during the depths of the pandemic.

Impact

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