Tag Archives: investment

Ethiopia opens up key sectors of economy for private investors

by Engidu Woldie ESAT News (June 6, 2018) The meeting of the ruling EPRDF that decided to “fully accept” the ruling of the Ethiopian Eritrean Boundary Commission and the Algiers agreement yesterday, has also made a decision to open up key sectors of the economy that has so far been closed for private investors. The statement issued by the EPRDF ...

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China cuts back investment in Ethiopia

ESAT News (June 4, 2018) A report by the Financial Times says Chinese companies, which are the major investors in Ethiopia, are finding it difficult to get loans from their creditors to finance projects in the East African country. Chineses banks and credit insurance companies are worried about Ethiopia’s increasing debt and foreign currency crisis, according to the report. ESAT ...

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