Ethiopia’s foreign direct investment declines Ethiopia's foreign direct investment (FDI) continued on a downward spiral last year with the Horn of Africa country receiving just US$184 million ... in investment.
Africa’s FDI fell by 9 per cent in 2010 Africa's foreign direct investment (FDI) decline by nine percent in 2010 to US$ 55 billion, the 2011 World Investment Report by the UN Conference ... on Trade and Development (UNCTAD) has revealed.
Ethiopia, Uganda in pact to help South Sudan, Somalia Ethiopia and Uganda have set up a joint ministerial commission aimed at supporting the new state of South Sudan and expanding joint security ... activities in volatile Somalia.
Trendhunter in East Africa: See you ?at the mall! ?East Africa's middle classes are turning into mall rats. A way of life so familiar and pivotal to many in South Africa is now cementing itself ... within the continent's ever-changing urban spaces.
Real time Exclusive: Singapore’s Thunes and Standard Bank in advanced talks to extend African payments
Real time Exclusive: Singapore’s Thunes and Standard Bank in advanced talks to extend African payments
Ethiopia’s power utility in US$45 million deal with Bosnia Ethiopia's power utility and a Bosnian energy company have concluded a US$ 45 million deal to build a 230 KV electricity transmission line for ... its new mega hydro electric projects, the Ethiopian Electric and Power Corporation (EEPCo) announced on Thursday.
Ethiopian exports hit US$2.7 billion Ethiopia received US$ 2.7 billion in revenue from exports during its just ended financial year. ...
South Sudan: Challenge meets optimism in Juba As war-devastated South Sudan basks in the glow of its recent independence celebrations, the new mantra from development experts from the World ... Bank and elsewhere is that it will take at least a generation for the new Republic of South Sudan to get on solid footing as a country capable of providing services and the hope of a better life for its citizens, who are some of the poorest in the world.
Ethiopia signs gas and oil contracts Ethiopia has signed agreements with eight international companies that will explore for gas and oil deposits across the country. ...
Ethiopian bank registers record profits, announces Internet banking State owned Ethiopian Commercial Bank (ECB) on Monday announced a €200 million for the 2010/2011 fiscal year, which is the highest in the country's ... history.
Ethiopia’s inflation up as prices of basic commodities soar Ethiopia's inflation quickened to 38 per cent last month in June from 34.7 in May, the country's statistical agency said on Wednesday.?The sharp ... rise has been blamed on the increase in grain prices announced more than a month ago.