growth – New Business Ethiopia

African trade agreement: Catalyst for growth

November 13, 2018November 13, 2018 newbusinessethiopia

By Vera Songwe and Mamadou Biteye – Africa is growing, but not fast enough. In order for more than 400 million Africans to rise out of poverty, continued economic growth across Africa’s 54 nations will have to increase an average of 7% annually or more. One strong engine for growth is trade.

African Development Bank set to engage African media intensively

May 2, 2018May 3, 2018 newbusinessethiopia

By Andualem Sisay Gessesse, Abidjan, Cote d’Ivoire – In an attempt to showcase the success of development projects being implemented in different African countries, the African Development Bank (AfDB) says it is planning to organize continuous field visits in different parts of the continent for journalists working in Africa.

Nissan records growth in South Africa after best year 2000

April 26, 2018April 26, 2018 newbusinessethiopia

Nissan, the Japanese manufacturer hit 10% market share in South Africa in fiscal year 2017, with passenger vehicle sales growing by 44% versus the previous year. It has had its best twelve months of sales in South Africa since the year 2000.