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Ethiopia is the African country with the higher number of millionaires

Ethiopia is the African country with the higher number of millionaires

Ethiopia is the African country where is the most important number of millionaires. This comes from the success of the economic growth based on subcontracting. The number of millionaires increased by 108% between 2007 and 2013 and reached 3,000 people. This growth is more important than anywhere else in Africa. One might explain it is […]

Ethiopia: Private Chinese Investments projected to continue on an Upward Scale

Ethiopia: Private Chinese Investments projected to continue on an Upward Scale

China is currently Ethiopia‚Äôs largest trading partner. By 2015, the trade volume between these two countries had already reached a margin of 6 billion dollars. So far China has invested in various sectors in Ethiopia including the manufacturing industry which is at the top, followed by the construction sector, real estate, and consultancy, among many […]

Ethiopia Sets Platform for African Business and Investment Forum

Ethiopia Sets Platform for African Business and Investment Forum

On January 30, 2018, Addis Ababa hosted African Business and Investment Forum. The one-day event featured discussions related to energy, trade, health, agribusiness, and diversification. The platform links the US and African heads of state, representatives of multilateral institutions, ministers and other stakeholders with similar interests. The organization of the conference paved the way for […]

Danube Group Targets African Markets

Danube Group Targets African Markets

Danube, a Dubai-based building materials company is looking for franchise partners in African states as they mainly eye for markets in Nigeria, Ethiopia, and Kenya. Currently, the company has franchise partner in Tanzania and the United Arabs Emirates (UAE) Company has shown interest in Africa. Danube has been part of Big 5 for several years, […]