Category Archives: Featured Articles

Ethiopia is Africa’s new growth engine – here’s why

Ethiopia is Africa’s oldest independent country and its fastest growing economy today. With a population of over 100 million and an annual economic growth rate of 10% over the past 15 years, it presents a unique opportunity. Currently preventing …

Demystifying ETHIOPIA: Repatriation of Profit & Capital – Perception and Reality

Source: Ibex Frontiers
Presenting Ethiopia’s attractive investable opportunities to investors, the constant ask is ‘what about profit/capital repatriation?’ and we here at Ibex Frontier felt this repeated question need to be clarified with valid, verifiable, accurate data and referencing from

Ethiopia Could Sell Majority Stake in State Telecom Monopoly

  • Horn of Africa country plans an initial 49% sale next year
  • Two new licenses to be auctioned next year, more could follow

Ethiopia may give up majority control over its telecommunications monopoly in a second phase of privatization once it’s …

Ministry to Upgrade Online Business Registration System

The Ministry of Trade (MoT) is upgrading its online registration and licence renewal system with an estimated cost of 10 million Br.

The system enables businessmen to apply for a new trade name, business licences, and renew old ones virtually …

Ethiopia Plans to End Importing Sugar by the End of This Year

sugar-corpEthiopia is going to end importing sugar by the end of this Ethiopian year as new sugar factories that have begun testing production will become fully operational, according to Ethiopian Sugar Corporation.…

Awash Bank Reports 18% Rise in Profit

Ethiopia’s privately owned Awash International Bank has reported a 639 million Ethiopian birr unaudited gross profit in the 2012/13 fiscal year. Tsehay Shiferaw, President of AIB, told journalists at a press conference held on Friday August 2 at the Addis …

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