Ethiopia, Africa’s fastest-growing economy over the past five years, plans to obtain a credit rating to attract more foreign direct investment and offset a decline in exports.
Euromonitor International published a new White Paper called "Business Challenges and Opportunities in Africa", focusing on growth in Africa for fast moving consumer goods (FMCG) companies.
Ethiopian Airlines won the 2013 “African Airline of the Year Award” from the African Airlines Association at its 45th Annual General Assembly meeting held last week in Mombasa, Kenya.
Saudi billionaire Mohammed al-Amoudi, the biggest private investor in Ethiopia, plans to build two more cement factories in the Horn of Africa nation amid an improving investment environment.
International Trade Fairs are organized with the aim to get local manufacturers the opportunity to promote their products, create market lineages and exchange information with foreign manufacturers, transfer knowledge and technology, and attract foreign investors among others.
The Embassy of Japan in Ethiopia signed three Grant Contracts in Assistance for Grassroots Human Security Projects (GGP) worth USD 365,510 with three local NGOs that work on education in Amhara, Afar, and Oromia states here yesterday.
A Continental Free Trade Area (C-FTA) is to be established in Africa to increase inter-country business by easing the movement of goods and reducing the required travel documentation, officials have announced.
