262017Sep
Ethiopia’s industrial revolution sparks hope for its economic reformation

Ethiopia’s industrial revolution sparks hope for its economic reformation

Despite having the second largest population in Africa, Ethiopia’s game plan to uplift its economy seems to be paying dividends. In the first quarter of 2017, Ethiopian authorities unveiled the Hawasa Industrial Park – the biggest in Africa, standing at 140 hectares and containing mostly textile factories. The project was complete in record time —…

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182017Aug
Ethiopia secures USD 280 million to improve local business sector

Ethiopia secures USD 280 million to improve local business sector

The World Bank and European Investment Bank have backed a lending and leasing programme aimed at assisting small business in Ethiopia. The World Bank and European Investment Bank (EIB) have backed a USD 280 million lending and leasing programme, which is aimed at assisting small business in Ethiopia. In a statement, EIB said the investment…

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