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Ethiopia: Exclusive - a Private Equity Fund for Ethiopia
Addis Standard, 23 February 2015
Ascent Rift Valley Fund is a new private equity investor in East Africa. Ascent, which manages the Ascent Rift Valley Fund, announced in July 2014 its first US$50million to be… Read more »
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Ethiopia: Ethiopian Government Faces Exchange Rate Risks
Addis Fortune, 23 November 2014
The Ethiopian economic growth, driven by massive public investments, is in need of huge financing. Apart from local sources, the government has been reliant on bilateral and… Read more »
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Ethiopia: Better for Ethiopia to Emulate India Than China
Addis Fortune, 1 February 2015
The world Economic Outlook update January 2015 published by the International Monetary Fund (IMF) has raised a number of eye brows rather than soothing souls. It says that India… Read more »
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Ethiopia: Why Getting Assab Port Back Matters to Ethiopia
Addis Fortune, 11 January 2015
According to the United Nations Human Development Report of 2013, Ethiopia is one of the eight countries in the world with the lowest human development index (HDI) and one of the… Read more »
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Ethiopia: Fitch Gives Ethiopia's Foreign and Local Currency Issuer Default Ratings a 'B'
Ethiopia Government, 17 November 2014
Fitch Group, the financial information service rating company, has given Ethiopia's long-term foreign and local currency Issuer Default Ratings (IDR) a 'B'. The rating, which… Read more »
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Ethiopia: Ethiopia's GDP Reaches 1.5trillion Birr
Ethiopia Government, 27 October 2014
The Ministry of Finance and Economic Development has announced that Ethiopia's Gross Domestic Product (GDP) has reached 1.5 trillion birr, and registered an estimated 10.3 percent… Read more »
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Ethiopia: Ethiopia Ponders U.S$5 Billion Gold
EA Business, 19 October 2014
Ethiopia could earn up to $5 billion a year from the mining sector and by tapping into geothermal energy sources, according to a new report published recently. Read more »
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Ethiopia: Enhancing the Contribution of the Mining Sector
Reporter, 11 October 2014
Ethiopia is not much known in the mining world. Except for the small-scale gold, tantalum and gemstones exports, the country is not among the list of major mineral exporters in… Read more »
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Ethiopia: Ethiopia Could Earn U.S. $5 Billion From Mining
Ethiopia Government, 8 October 2014
A report entitled "Strategic assessment of the Ethiopian mineral sector" launched on Tuesday, October 7, suggests Ethiopia has the potential to earn US$5 billion annually from the… Read more »