New Business Ethiopia

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.

The 4th annual meeting of Africa free zones opens in Addis Ababa, Ethiopia, this morning under the theme “Economic Zones – Accelerator for Industrialization in Africa”.

Africa is being exploited by foreign multinational companies in the name of attracting foreign direct investment, which in reality if foreign direct exploitation, says Esther Muchiri, Legal Consultant and Lecturer at Norman Otieno & Co. Advocates in Kenya.

During the first nine months of Ethiopian calendar started July 8, 2018, Ethiopia has attracted foreign direct investment of $1.83 billion.