Ethiopia: In Accepting Ethiopia, Transparency Group ‘Sacrifices Credibility’ BY CAREY L. BIRON
Washington — A major international initiative aimed at promoting transparency in the extractives industry is coming under harsh criticism for accepting an application from Ethiopia, despite significant ongoing legal restrictions on the country’s civil society. The Extractive Industries Transparency Initiative (EITI), a standards programme based in Oslo, had declined a previous application for candidature from […]
Read More →Ethiopia: Chamber Organizes Public Private Consultative Forum On Company Formation Process in Ethiopia
Addis Standard (Addis Ababa) The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) has organized a Public Private Consultative Forum was held at the Hilton Hotel Dec. 26th under the theme “Company Formation Process in Ethiopia: Challenges and Recommendations.” The Forum deliberated on the regulatory and administrative challenges encountering company formation procedures (particularly share companies) and measures […]
Read More →Ethiopia Earns 47.6 Bln Birr Loan, Aid in 2004 EC
Addis Ababa — The Ministry of Finance and Economic Development (MoFED) said the country has secured 47.6 billion birr in loans and aid during the last Ethiopian budget year. Ministry Public Relations and Information Director, Haji Ibsa, told WIC some 28.2 billion birr of the total sum was granted in the form of aid while the balance […]
Read More →Cashless Payments Sector in Ethiopia – Time to Open Up?BY ADAM ROBERT GREEN,
Ethiopia is growing fast, but its mobile and electronic payments infrastructure is weak. Is it time for a more liberal approach to foreign investment? Ethiopia appears to be doing something right. One of the world’s five fastest growing economies in 2010, it’s expected to reach 7 percent growth this year and next, and the government hopes […]
Read More →