Tag Archives: Ethiopia

Africa must look inwards for workable solutions to its governance challenges

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 read more

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Tax base protection workshop ends with call for more support to strengthen Africa’s capacity

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. read more

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UK’s export finance available to Ethiopia has increased to £200 million

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. read more

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FinTech is accelerating the digital transformation of banking in Africa

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 read more

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Ethiopian companies to benefit from European Investment Bank backing for USD 100m private equity

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. read more

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IMF Staff Completes 2017 Article IV Visit to the Federal Republic of Ethiopia

Real gross domestic product (GDP) is estimated to have increased by 9 percent in 2016/17 read more

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Bright Prospects for Ethiopia and Ghana in Hotel Markets Outlook: 2017-2021

Hotel Markets Outlook: 2017-2021

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. read more

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Africa’s economic giants face increasing competition from upcoming Kenya and Ethiopia

New Africa Risk-Reward Index provides investors with a synthesis of risks and opportunities across the African continent read more

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Opportunities abound for foreign investment in Africa’s hospitality sector

Pietro Calicchio, Hospitality & Gaming Industry leader for PwC Southern Africa read more

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Entrepreneurship solving Africa’s high unemployment rate problem

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. read more

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