Via Bloomberg, an article on Ethiopia’s plans for the nation’s first IPO: Ethiopia is seeking to raise 30 billion birr ($255 million) selling shares in a state-run wireless company, making it the nation’s first initial public offering, and paving the way to start a stock exchange. Ethiopia Investment Holdings, which controls 27 state-run companies, will […]
Read more »Courtesy of The Africa Report, a report on Ethiopia’s PM Abiy Ahmed’s quest to beautify the capital Addis Ababa: For the past few months, Addis Ababa has resembled a building site. Construction workers are tearing down old buildings, digging up roads and laying foundations, while machinery hammers through the night, Prime Minister Abiy Ahmed forges ahead with an […]
Read more »Via The Africa Report, an article on Ethiopia’s plans to launch the country’s first stock market since the 1970s in mid November: Ethiopia is on track to launch the country’s first stock market since the 1970s around the middle of November, says Hana Tehelku, the new head of the Ethiopian Capital Market Authority (ECMA). Final […]
Read more »Via The Africa Report, a report on Ethiopia’s Grand Renaissance Dam which promises economic transformation but – as the country targets universal electrification by 2030 – challenges remain, including regional instability and huge infrastructure needs: Work started on the Grand Ethiopian Renaissance Dam (GERD) in 2011. In contrast to most infrastructure projects on the continent, […]
Read more »Via Kenyan Wall Street, a report that Djibouti plans to offer Ethiopia an exclusive port space: In a move that might ease simmering tensions in the Horn of Africa, Djibouti has disclosed that it is planning to offer Ethiopia “100% access” to the Tadjoura port. The access would see Ethiopia directly manage the port, Djibouti’s […]
Read more »Via the Addis Standard, commentary on the potential for an Egypt-led alliance stand in Ethiopia’s way of securing access to the sea: For scholars in the field of political science and international relations, the international realm is basically the realm of balance of power, where states continuously struggle for much power and sustainable peace. The […]
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