Tag Archives: Ethiopia
The Prime Minister of the Federal Republic of Ethiopia, Hailemariam Desalegn, advocated for strong democratic states with zero tolerance for corruption and mechanisms for wealth-sharing
A four-day workshop on protecting the tax base of developing countries ended in Addis Ababa on Friday with participants being urged to use the new skills and knowledge they gained through the Italian government-sponsored program in implementing more effective and efficient tax systems that will ensure more resources are harvested for Africa’s development.
The UK has doubled the amount of export finance it is making available to support UK-Ethiopia bilateral trade, the British International Trade Secretary, Dr Liam Fox has announced. Dr Fox made the announcement during a visit to Addis Ababa, where he was accompanied by UK businesses from the infrastructure and energy sectors.
FinTech is accelerating the digital transformation of banking in Africa say more than 200 international experts gathered at the Finnovation Ethiopia event – but highlight that collaboration is the way forward
The European Investment Bank (EIB) will support private equity investment across Ethiopia though support for the new USD 100m Cepheus Growth Capital Fund. The EIB’s USD 10 million participation represents the first backing for an Ethiopia focused fund and one of the first engagements with a single country private equity fund in Africa by Europe’s long-term lending institution.
Real gross domestic product (GDP) is estimated to have increased by 9 percent in 2016/17
Political instability might have impacted the hospitality and tourism sector in Ethiopia but the diplomatic country of Africa stands resilient to the challenges set before her. Ghana’s Accra, being listed as one of the most expensive cities in Africa, is attracting more visitors than anticipated. Real estate development is booming while the city flourish as a vacation and business hub for many travelers. The 7th edition of the PwC Hotels Outlook: 2017 – 2021 report establish Ethiopia and Ghana as countries with a brighter outlook in the hotel industry – both countries are increasingly growing in the number of international hotel brands.
New Africa Risk-Reward Index provides investors with a synthesis of risks and opportunities across the African continent
The increasing rate of unemployment represents both extensive unhappiness for individuals and lost economic opportunity for people and for the country over all. On the other hand unemployment on the youth has been shown to have long term effects on income and employment stability because most youths start out with weaker early career credentials and lower confidence and flexibility in dealing with employment opportunities and setbacks over the course of their working lives.