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 →Old Mutual’s Futuregrowth Buys Farms As Food Prices Rise
Futuregrowth Asset Management, a unit of insurer Old Mutual Plc (OML) that oversees 110 billion rand ($13.3 billion) in fixed income investments, is buying farms in Africa to benefit from surging food prices. Futuregrowth’s United Farmers’ Fund has spent 450 million rand buying nine fruit and vegetable farms in South Africa since December 2010. It’s now considering investing in a cattle ranch […]
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