investment

Policymakers attending the meeting that discussed the partnerships for a free and regulated movement of people in Africa called for stronger collaboration between relevant institutions and governments to address the problems of migrant workers on the continent. Speaking at the meeting held on 25 February, Ms Thokozile Ruzvidzo, Director of the Gender Poverty and Social …

Experts discuss free movement of people in Africa – etbaba.com Read More »

ECommerce growth in Europe drove logistics investments up to €38.64 billion ($46.5 billion) in 2020. It was the highest figure on record since 2013 and was driven by a record up-take of warehouses in the region, according to the research data analyzed and published by Comprar Acciones. Based on a GLP report, leasing activity in …

European logistics investment soared to $46.5 billion in 2020 – etbaba.com Read More »

Ethiopian Investment Commission has indicated that the country has attracted $1.1 billion foreign direct investment during the first five months of the year. The commissioner of Ethiopian Investment Agency, Lelise Neme, told the state broadcaster ETV, that the projects are registered in manufacturing, agriculture and hospitality sectors. The Commissioner stated that the spread of coronavirus …

Ethiopia attracts $1.1 billion FDI in five months – etbaba.com Read More »

IFC, a member of the World Bank Group, has signed its first formal agreements with the Federal Government of Somalia to support the country’s goal to strengthen its private sector, attract investment, improve public services, and create jobs. Through the agreements, signed with Somalia’s Ministry of Planning, Investment, and Economic Development, IFC will advise on …

Somalia to strengthen private sector growth, encourage investment – etbaba.com Read More »

The Investment Commission of Ethiopia says the country has half a billion foreign during the first quarter of the country’s current fiscal year. Compared to last year the amount declined 20 percent. Compared to the FDI the country attracted same period the previous year, the amount has declined by 20 percent as a result of …

Ethiopia attracts half a billion dollar FDI in three months – etbaba.com Read More »

The Government of Ethiopia is preparing a recovery package that will help businesses vandalized by mobs came out to streets in many towns of Oromia region after the assassination of famous Oromo singer Hachalu Hundesa a few months ago. “Like the previous trend, Investment Commission in collaboration with different relevant government offices is conducting a …

Ethiopia to help vandalized investments recovery – etbaba.com Read More »

The Ministry of Finance of Ethiopia said it has suspended the partial privatization of the fully state owned Africa’s most profitable aviation group – Ethiopian Airlines. This is indicated by the Minister of Finance of Ethiopia Ahmed Shide this afternoon at a press conference. “With the currency efficiency and competitiveness, the plan of the government …

Ethiopia suspends Ethiopian Airlines privatization – etbaba.com Read More »

Manufacturing industries in Ethiopia remain to be the most promising and lucrative sectors for foreign investors, says head of the top local consulting firm. As the import of manufactured goods such as, pharmaceuticals and agro-processed products have been continuously growing in Ethiopia, substituting the goods by manufacturing in Ethiopia will benefit the foreign investors, according …

Manufacturing in Ethiopia promising investment, says top consulting firm – etbaba.com Read More »

With the aim of funding entrepreneurs with promising business idea, the first local Angel Investors group, Addis Ababa Angels (AAA) Network has gone operational this week. Except for Bank Loans and Venture Capital entities, Ethiopia does not have an adequate funding mechanism that targets early-stage innovative start-ups. Entities need to exist that are willing to …

Ethiopia gets the first local Angel Investors group – etbaba.com Read More »

The Government of Ethiopia announced its plan to sell five percent of the share of the fully state owned and only telecom operator in the country, Ethio Telecom. This is indicated at a panel discussion held this morning to assess the progress made to partially privatize Ethio Telecom at the Prime Minister’s Office. It was …

Ethio telecom to sell 5 percent share to domestic investors – etbaba.com Read More »