Ethiopia has continued becoming investors' choice. It is attracting more Foreign Direct Investment (FDI) from time to time. Particularly, textile and garment manufacturing industries, as the sectors are labour intensive, they create millions of job opportunities,and help transfer technology. They have managed to attract both local and foreign big companies in the budget year. Thus, becoming Africa's light manufacturing industry hub is well in progress.
Posted on : Friday , 24th February 2017
The construction industry has been playing crucial role in expanding infrastructures such as roads, schools, health centres, real estates, irrigation, residential houses and the like. Hence, it created job opportunities for hundreds of thousands allover the country and established value chains through facilitating markets to cement industries and small scale enterprises. As rapidly growing economy, the nation aims at cultivating the sector so that it would meet its development ambit.... Read more »
Posted on : Friday , 24th February 2017
Ethiopia is a rapidly growing country that has been scoring a double digit economic growth for a decade. The availability of untapped natural resources coupled with its being the second populous country in Africa further makes the nation advantageous. Among others, the construction sector is instrumental in catapulting the nation to higher levels of development.
Posted on : Friday , 24th February 2017
Nairobi — Tanzania's energy firm Lake Oil is set to acquire the petroleum retail business of Hashi Energy in Kenya.
Posted on : Friday , 24th February 2017
Members of Parliament have approved the relevance of the Bill establishing the levy on imported goods for the financing of African Union (AU) operations.
Posted on : Friday , 24th February 2017
Prime Minister Hailemariam Dessalegn laid a cornerstone for Baeker Integrated Agro-Industrial Park yesterday in Humera, town of western Tigray State.
Posted on : Thursday , 23rd February 2017
Kenyatta University is on the verge of constructing a whopping US$ 48m hostel that will see the invention of 6, 000 rooms.
Posted on : Thursday , 23rd February 2017
The participants of the 15th African Fine Coffees Association (AFCA) Conference and Exhibition in Ethiopia lauded nation's peace and stability.
Posted on : Thursday , 23rd February 2017
Nziu — Solar-powered cold storage and biological pest control are helping protect Kenya's mangoes from climate change
Posted on : Thursday , 23rd February 2017
Nziu — Solar-powered cold storage and biological pest control are helping protect Kenya's mangoes from climate change
Posted on : Thursday , 23rd February 2017
Providing one-stop services to investors makes them more competitive and productive.
Posted on : Wednesday , 22nd February 2017
Some twenty-five years back, Ethiopia had rarely been attracting the Foreign Direct Investment (FDI) since the market was largely dominated by command economy.
Posted on : Wednesday , 22nd February 2017
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