Deals: An Africa Invisible to Blackstone Is Winning Back Investors By Vernon Wessels FDI flows back into the continent after two years of declines DuckerFrontier seeing more positive outlook for growth in 2019 (bloomberg)—The African [Read More]
Ethiopia Premier Sees State-Asset Sales Boosting Economic Growth By David Malingha Doya Government has outlined plans to sell airline, telecoms stakes Economy is forecast to grow average of 8% through 2021(bloomberg)—Ethiopia’s planned sale of state-owned assets [Read More]
Ethiopia Captures Cash Smuggling Woman Continuing its fight against illicit financial outflows, the government of Ethiopia’s customs authorities on captured a woman who was smuggling $33,250 cash out the country. The money captured at Bole [Read More]
A Billionaire Vanished for 400 Days and His Empire Boomed By Devon Pendleton and Vivian Nereim Mohammed Al Amoudi held in Saudi Arabia on corruption charges His fortune has risen to $8.3 billion as businesses flourish (bloomberg)–More [Read More]
Can digital technology be part of the Tango?! By James Wakiaga, Economic Adviser, Policy Advisory Unit, UNDP Ethiopia (et.undp)–Developing countries like Ethiopia must aggressively invest in digital technology to narrow the digital divide with developed [Read More]
City Provides Plots for 7500 Street Vendors (ena)—-Addis Ababa October 03//2018 Some 7500 street vendors were official given plots of land where they could conduct their business in different parts of the capital city. The [Read More]
Ethiopia: Mesenbet Becomes First Female President of City Chamber ROLLING COVERAGE : (addisfortune)-Mesenbet Shenkute, former president of Abay Bank, becomes the first female president of the Addis Abeba Chamber of Commerce & Sectoral Association by winning 419 votes. Selahedin Kelifa, president of [Read More]
Hiking the rooftop of Africa: Ethiopia’s remote and beautiful Bale Mountains National Park Lizzie Pook treks through the remote Bale Mountains, where the landscape has been unchanged for millennia Hyenas are trying to eat our horses. [Read More]
Facebook security breach: Up to 50m accounts attacked By Dave Lee Facebook has said “almost 50 million” of its users were left exposed by a security flaw. (bbc.)—The company said attackers were able to exploit [Read More]
Infogram: World Bank’s revamped support for Somalia and Ethiopia The World Bank has made two significant moves in the Horn of Africa in the [Read More]
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