Market News
Ethiopia and Africa market
In 2016 Ethiopia imported $17.9B, making it the 75th largest importer in the world. During the last five years the imports of Ethiopia have increased at an annualized rate of 14.7%, from $8.83B in 2011 to $17.9B in 2016.
The top import origins of Ethiopia are China ($5.46B), the United States ($1.54B), India ($1.3B), Kuwait ($1B) and Italy ($700M).
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East African Community told “CREATE MORE JOBS”
Posted on :Tuesday , 6th December 2016
Political stability of East African Community (EAC) is dependent on how individual countries will handle the high rate on unemployment among its youth population.
East African Legislative Assembly Speaker Daniel Kidega said the fight against corruption and promotion of good governance will contribute significantly in the community’s achieving of its objectives. . .Turkish Exporters Target Africa
Posted on :Wednesday , 23rd November 2016
At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.
Africa has recorded an annual growth rate of 5 percent over the last d. . .
AfDB approves US $10-million equity investment in TIDE Africa Fund
Posted on :Monday , 21st November 2016
The Board of Directors of the African Development Bank (AfDB) has approved a US $10-million equity investment in the Technology and Innovation in Developing Economies (TIDE) Fund I to boost production and growth in Africa.
TIDE Africa Fund I, a venture with a target size of US $100 million incorporated in Mauritius, has 10-year target life within a 5-year inve. . .Please Select an Option
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