Investors hoping to explore one of Africa's fastest-growing economies can now acquire easy access to reliable and up-to-date information with a new online investment guide to Ethiopia. The iGuide highlights areas for reform in the country’s investment environment, thus helping the government understand investor needs.
19 Feb 2019
Ethiopia launches online investment guide to stimulate FDI
Volkswagen signed a Memorandum of Understanding (MoU) with Ethiopia to develop an automotive industry. The MoU is based on: vehicle assembly, localization of automotive components, mobility concepts and the the opening of a training center.
1 Feb 2019
Volkswagen to develop automotive industry in Ethiopia
Ethiopia’s economy is forecast to grow by 8.5% in 2019, according to a report by IMF, driven by the service sector and better domestic and foreign investment. IMF also praised Ethiopia’s remarkable progress, which has led to a significant reduction in poverty and improved living standards for many Ethiopians.
4 Jan 2019
Ethiopia is Africa’s fastest-growing economy for 2019