Africa Finance

ARISE IIP is an operator of integrated industrial ecosystems based in Ebène, Mauritius, focused on advancing industrialization in Africa. The company designs, finances, builds, and manages customized industrial zones aimed at enhancing local manufacturing capabilities. By creating tailored environments for production, ARISE IIP maximizes efficiency and cost-effectiveness, fostering local value addition. This initiative supports the broader goal of boosting the continent's manufacturing competitiveness and contributing to its industrial transformation. For further inquiries, the company provides contact information on its website.

Danakali Limited is engaged in the exploration and development of mineral resources in Eritrea, East Africa, with a primary focus on the Colluli potash project located in the Danakil region. The project is fully owned by the Colluli Mining Share Company, a joint venture between Danakali and the Eritrean National Mining Company. Formerly known as South Boulder Mines Ltd., the company rebranded to Danakali Limited in June 2015. Based in Subiaco, Australia, Danakali aims to capitalize on the potash market, leveraging the unique advantages of the Colluli project.

Danakali Limited is engaged in the exploration and development of mineral resources in Eritrea, East Africa, with a primary focus on the Colluli potash project located in the Danakil region. The project is fully owned by the Colluli Mining Share Company, a joint venture between Danakali and the Eritrean National Mining Company. Formerly known as South Boulder Mines Ltd., the company rebranded to Danakali Limited in June 2015. Based in Subiaco, Australia, Danakali aims to capitalize on the potash market, leveraging the unique advantages of the Colluli project.

Ecobank Transnational Incorporated (ETI), a public limited liability company under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.