East Africa, the fastest-growing region in Africa, received $7.6 billion in FDI in 2017, a 3 per cent decline from 2016. Ethiopia absorbed nearly half of this amount, with $3.6 billion (down 10 per cent), and is now the second largest recipient of FDI in Africa after Egypt, despite its […]
Strong diversified investment into Morocco contrasted with declines in FDI to the rest of North Africa – the only subregion yet to surpass its 2007 peak. FDI flows to North Africa were down 4 per cent to $13 billion. FDI into Morocco was up 23 per cent to $2.7 […]
A foreign owned machinery manufacturing company wants to sell its company to interested buyers. The company has existed in the market for over 6 years and it has been profitable ever since. All the machineries are in good condition and the establishment is using a rented warehouse for operation. […]
*** አፈንግጥ…………. እርግጥ ነው…… You can’t teach an old dog a new trick ያረጀ ውሻን አዲስ ብልሃት ማስተማር አትችልም። ግን ደግሞ………. Don’t cut of your nose to spite your face ፊትህን ለማናደድ ብለህ አፍንጫህን አታድማ። ብዙዎችን ለማስተካከል ብለህ ከቀሩት ጋር መገተትና መጋተት የራስን መጣል ቢሆንም። ገፍቶ መሄድም […]
Addis Ababa, 26 July 2018 –DHL Global Forwarding, the leading international provider of air, sea and road freight services, and Ethiopian Airlines, the largest aviation group in Africa, today signed a new agreement to form a joint venture company –DHL-Ethiopian Airlines Logistics Services Ltd., to build the Leading Cargo […]
Mekonnen Hailu, EIC Public Relations Director UNCTAD Award It is to be recalled that Ethiopian Investment Commission (EIC) has recently won the ‘United Nations Award’ for its outstanding performance in targeted promotion, facilitation and execution of sustainable investment projects. The Award was presented to the world’s best-practice inward and […]
by staff writer It is undeniable fact that private investment is a powerful development enabler. It creates jobs, build skills, spur innovation, provide essential infrastructure and services, boost economies and strengthen standards in public and corporate governance. Investment, both foreign and domestic, needs to be scaled up significantly in the […]
Unlocking Africa’s Potential Through Tourism: The Role of Online Travel The services sector, in particular tourism, is one of the major contributors to Africa’s economy through such functions as providing foreign exchange and employment. It is therefore crucial that governments and the private sector are increasingly working together to grow […]
Credit: Gedion G. Jalata The theme of the African Union Summit for January 2018 was “Winning the FightAgainst Corruption.” The African continent has indeed demonstrated robust growth rates as well as economic indicators that continue to record notable progress, over the last decade and half years. Thanks to this progress, […]
by Gedion G. Jalata Introduction The African continent has demonstrated impressive growth rates over the past two decades. Even though Africa register continuous economic growth, many countries in Africa are unable to sustain high levels of long-term economic growth to reach the 7% threshold required to significantly improve populations’ incomes […]