Home » Investment
Morgan Stanley and IFC Invest in eleni LLC
Dr Eleni Gabre-Madhin
NEW YORK & WASHINGTON & ADDIS ABABA, Ethiopia--(BUSINESS WIRE)– eleni LLC, a newly formed company led by CEO Dr. Eleni Gabre-Madhin, announced today that Morgan Stanley and IFC (International Finance Corporation) have both agreed to make an equity investment in the Nairobi, Kenya-based company which will incubate and support the formation of commodity exchanges across...
Ethiopia: an African lion?
A woman working in a Chinese shoe factory in Dukem, Ethiopia. Credit: Getty
Addis Ababa, Ethiopia – Returns of thirty per cent a year sound too good to be true, but that’s what it is claimed you can earn by investing in this rising nation. Local businesses say they are booming, meanwhile foreign investors are jostling for opportunities.
So where can these incredible profits be made? The...
EIA Eagre to Attract 1,500 Int’l Investors
Addis Ababa, Ethiopia - The Ethiopian Investment Agency (EIA) is looking forward to attracting 1,515 foreign investors with a combined capital of 103.7 billion Br in the 2012/13 fiscal year alone.
The Agency has outlined its strategic plans for the current fiscal year in July 2012, to go hand in hand with the government’s five year Growth and Transformation Plan (GTP) . The current plan is a 25pc...
High time for exploring opportunities in Ethiopia, says Henock Assefa
Addis Ababa, Ethiopia – Precise Consult International PLC (PCI), a premier consulting firm operating in Addis Ababa and New York City, is to link 200 foreign CEOs with 200 local CEO next Wednesday before the upcoming World Economic Forum is in full swing the following days. Henok Assefa, PCI managing partner spoke to The Reporter’s Hayal Alemayehu about the significance of the event and...
