Category: Ethiopian economy

Forget fancy growth figures, try our Africa ‘True Business’ Index: Nigeria comes out shining, Ethiopia trails

By CHRISTINE MUNGAI Confused if Africa is rising or not? To help you navigate your way, we created a (very unscientific) index of business attractiveness. The headline figures might remain promising, but businesses that actually operate on the ground may have a different story. The headline figures might remain promising, but businesses that actually operate

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Forget fancy growth figures, try our Africa ‘True Business’ Index: Nigeria comes out shining, Ethiopia trails

By CHRISTINE MUNGAI Confused if Africa is rising or not? To help you navigate your way, we created a (very unscientific) index of business attractiveness. The headline figures might remain promising, but businesses that actually operate on the ground may have a different story. The headline figures might remain promising, but businesses that actually operate

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Frontier Markets: Ethiopia, the next frontier?

With headlines like, “Ethiopia is hot, Nigeria is not, for investors,” one can have a tendency to get caught up in the excitement and get involved in something that may or may not be in one’s best interest. Yes, Ethiopia has recently received a great deal of foreign direct investment from China, and the IMF

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IMF Staff Completes 2015 Article IV Mission to Ethiopia

Press Release No. 15/286 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission,

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IMF Staff Completes 2015 Article IV Mission to Ethiopia

Press Release No. 15/286 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission,

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Ethiopia eyes extra 12,000 MW in power projects by 2020

By Aaron Maasho ADDIS ABABA, (Reuters) – Ethiopia plans to launch hydropower dams and other renewable energy projects over the five years to 2020 that will add an additional 12,000 megawatts of electricity upon completion, a senior official said on Monday. With one of the continent’s fastest-growing economies, Ethiopia wants to become a manufacturing hub

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Ethiopia’s Hot, Nigeria’s Not, for Investors Eyeing Africa

By Michael CohenWilliam Africa has a hot new investment destination and it’s not Nigeria. The buzz at the World Economic Forum on Africa, an annual summit of the continent’s rich and powerful, is all about Ethiopia, where the economy is flourishing and the government is embracing select foreign capital. Executives from General Electric Co., Dow

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Q&A: Why Ethiopia ‘just cannot be ignored anymore’

Addis Ababa, Ethiopia Ethiopia is one of Africa’s fastest growing economies with GDP growth of 10.3% in 2014. Coupled with a population of over 90 million, this is prompting many consumer-focused companies to look at Ethiopia with fresh eyes. How we made it in Africa spoke to Addis Alemayehou, managing partner of Ethiopian advertising agency

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Ethiopia’s economy Neither a sprint nor a marathon

Africa’s most impressive economic managers suffer from excessive caution May 30th 2015 | ADDIS ABABA NOWHERE in Africa is modern China more of a lodestar than in Ethiopia, which on May 24th held an uneventful election with a predetermined outcome: another term in office for the long-standing ruling party. The continent’s second most populous country

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Neither a sprint nor a marathon appeared first on 6KILO.com.

Ethiopia’s Economic Miracle Is Running Out of Steam

Why it’s time for East Africa’s big success story to change the way it does business. BY ROBERT LOONEYAPRIL Just over 30 years ago, Ethiopia’s famine regularly made the news. Gruesome accounts of up to a million deaths stemming from drought and civil war captured the attention of aid agencies, sympathetic governments, and humanitarian groups

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