Investment – Page 2

Oct132019 by newbusinessethiopiaNo Comments

Forum to mobilize billions of dollars for Africa’s infrastructure

The biggest forum set to take place next month in Johannesburg, South Africa aims to raise billions of dollars of investments towards 24 African countries infrastructures development. (more…)

Oct32019 by newbusinessethiopiaNo Comments

Foreign direct investment turns to foreign direct exploitation

Investment

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. (more…)

Sep192019 by newbusinessethiopiaNo Comments

Ethiopia’s privatization urgency sparks debate

Investment

Intellectuals and business leaders gathered in Addis Ababa this morning debate about the benefits of Ethiopia’s "urgency" to privatize the state owned mega enterprises such as Ethio Telecom and Ethiopia Airlines among others. (more…)

Sep12019 by newbusinessethiopiaNo Comments

Ethiopia invites Israelis to invest in telecom, energy

Investment

Prime Minister Abiy Ahmed of Ethiopia invites Israeli investors to consider investment in his country in telecom, energy, aviation and logistics sectors. (more…)

Jul52019 by newbusinessethiopiaNo Comments

Ethiopia to open telecom for three operators

Investment

The Government of Ethiopia, which has been on the process of privatizing telecom and opening the sector for competition, has said there will be only three competing telecom operators in the country. (more…)

Jul42019 by newbusinessethiopiaNo Comments

Ethiopia extends employment probation period

Investment

Ethiopian parliament today approved revised labor proclamation of the country, which increased the current employee probation period from 45 to 60 days. (more…)

Jun212019 by newbusinessethiopiaNo Comments

Coca-Cola highlights Ethiopia’s investment potential in a new campaign

Investment

With the aim of showing the immense investment and tourist attractions of Ethiopia, Going Big in Ethiopia a new video campaign is launched in Addis on Thursday. (more…)

Jun172019 by newbusinessethiopiaNo Comments

Ethiopian Parliament approves telecom liberalization law

Investment

Ethiopian parliament on Thursday approves “Communications Service Proclamation”, which officiates the liberalization of Ethiopia’s long-awaited telecom sector and allowing the establishment of a new telecom regulatory authority. (more…)

May142019 by newbusinessethiopiaNo Comments

Ethiopia, Russia set to strengthen business ties

Investment

The governments of Ethiopia and Russia are set to expand business ties on multiple frontiers, ranging from nuclear energy development to Russians investment in mining in Ethiopia. (more…)

May112019 by newbusinessethiopiaNo Comments

Ethiopia attracts $1.83 billion foreign direct investments

Investment

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

May92019 by newbusinessethiopiaNo Comments

Ethiopia’s Oromia to create jobs for half a million youth

Investment

The Oromia Region of Ethiopia said it has invested 3.5 billion birr (close to $123 million) to create job opportunities for half a million youth. (more…)

May52019 by newbusinessethiopiaNo Comments

Ethiopia considers opening media for foreign investors

Investment

The government of Ethiopia should consider to open the media industry for foreign investors, Ethiopian Investment Commission chief said. (more…)