Via The Africa Report, a look at Ethiopia’s plans to launch its first stock market in 50 years in 2024: Ethiopia is on track to launch its first stock market for 50 years in the middle of 2024, Brook Taye, director general of the Ethiopian Capital Market Authority, tells The Africa Report. The KPMG accounting […]
Read more »Via Eurasia Review, rather sober commentary on the prospects for the Horn of Africa: It must certainly look that possibilities of a new regional block comprising the Horn of Africa States of Somalia, Ethiopia, Eritrea and Djibouti are fading. Ethiopia recently applied to join the BRICS grouping and its admittance is expected to be official […]
Read more »Via The Business Year, a look at how – from the Horn of Africa to Madagascar – political instability has left enormous mining potential untapped: Africa is home to the largest reserves of known mineral resources, hosting considerable proven reserves of gold and other precious metals, rare earth elements, and phosphate, among much else. The […]
Read more »Via Bloomberg, commentary on Ethiopia’s waning investment attractiveness: It must have been a frustrating week for Ethiopian Prime Minister Abiy Ahmed. For a leader who came to power in 2018 pledging to open up the Horn of Africa nation’s economy and turbo charge economic growth, the past few days have brought to bear the pitfall […]
Read more »Via Semafor, a look at how Ethiopia’s booming flower business may be set to take a hit due to internal conflict in the country: As an under-reported conflict escalates in northern Ethiopia’s Amhara region, the country’s horticulture sector looks set to become a major economic casualty. Currently the world’s fifth largest exporter of flowers, industry […]
Read more »Via Bloomberg, an article on Ethiopia’s recent call to gain direct access to the Red Sea: Ethiopia has called for talks with neighbors on harbor access Somalia to retain control of strategic assets, minister says Somalia rejected an appeal from Ethiopia to enter into negotiations with a view to granting it access to a Red […]
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