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Tag foreign investment

Ethiopia’s Smoldering Oromo

ADDIS ABABA, Ethiopia – The Ethiopian government’s most serious domestic political crisis in more than a decade began over a scruffy football field appropriated by local officials for development.

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Apparel Companies Make a Beeline for Ethiopia

Even as the Modi government aggressively pushes its ‘Make in India’ programme, a host of home-grown apparel makers are putting in millions of dollars in Ethiopia, a promising sourcing destination for global manufacturers. The Ethiopian government is offering attractive incentives to draw foreign investors, such as land on decades-long lease, cheap power and duty-free exports to key markets like the US and Europe.

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The risk for oil and gas in East Africa

East Africa is predicted to emerge as the world’s new exciting gas exporting region over the next decade.Yet retrogressive and uninformed legislative changes, refusal to honour agreements and adopting erroneous policies could make capital-intensive oil and gas related projects economically unviable for the region.

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Going East: Industrialisation lessons in Chinese for African policymakers

Can Africa follow China’s industrialisation path? The simple answer is “No”.

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Essar to invest up to $4billion in Zimbabwe’s iron ore

Aug5

Indian conglomerate Essar plans to spend up to 4 billion US dollars constructing a plant to process iron ore from Zimbabwe’s Mwanesi resource within the next five years. This would be the largest single foreign investment into Zimbabwe’s troubled economy and would equal about two-thirds of the country’s estimated GDP.Video byVOXAFRICA

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