Foreign direct investment

By IndepthAfrica
In Article
Jul 3rd, 2014
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By Temesgen Deressa and Amadou Sy Last month, Moody’s Investors Service assigned a debut sovereign rating of B1 to the government of Ethiopia. A B1 rating is equivalent to a B rating in Fitch Ratings’ scale, which is the agency that rates most African sovereigns. The rating puts Ethiopia on par with ...
By IndepthAfrica
In Article
Apr 5th, 2014
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286 Views
For years South Africa has asserted itself as Africa`s most dominant economy, frequently being touted as the world`s gateway into Africa.  However, its anaemic growth in recent times has seen other African countries rise to the pinnacle of Africa`s economic landscape. At a time when six of the world`...
By IndepthAfrica
In Article
Sep 3rd, 2013
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44 Views
I was on board the defunct Air Nigeria Airline to the Gambia for the Conference for African Ministers, Fisheries and Aquaculture (CAMFA) in 2010 when I encountered another Nigerian (Ikechukwu), who was alighting in Sierra Leone. We both boarded the aircraft in Lagos and soon I began to chat to him ab...
By IndepthAfrica
In Article
Feb 6th, 2013
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By President Goodluck Ebele Jonathan The determination of this administration to create wealth in Nigeria and for Nigerians has led us to focus our investment drive towards attracting Foreign Direct Investments in manufacturing and the service sector to ensure that jobs are created. And this drive is...
By IndepthAfrica
In East Africa
Dec 14th, 2012
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40 Views
Ethiopian textile and clothing industry has experienced a major expansion drive and several leading retailers are now sourcing their textile and clothing requirements from the country, allAfrica news agency reported. The list of retailers sourcing from Ethiopia include, UK retailers like Tesco, Prima...
By IndepthAfrica
In Press Releases
Dec 4th, 2012
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27 Views
President Morgan Tsvangirai who is also the Prime Minister of the Republic of Zimbabwe has said 2013 will be a year of economic, social and political reforms. Addressing Midlands North Provincial leadership at Torwood hall in Kwekwe the President said the performance of the transitional government in...
By IndepthAfrica
In Article
Oct 11th, 2012
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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...
By IndepthAfrica
In Nigeria
Oct 1st, 2012
1 Comment
114 Views
Beloved countrymen and women, on this day, fifty-two years ago, our founding fathers brought joy and hope to the hearts of our people when they won independence for our great country. Nigeria made a clean break with more than six decades of colonial rule, and emerged as a truly independent nation. Th...
By IndepthAfrica
In Article
Sep 10th, 2012
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26 Views
The gains of President Jonathan’s diplomacy are often overshadowed by misrepresentations of the size of his delegation, ignorance about the value of his foreign travels, and the positives of his constant engagement with the international community. I have had cause on more than one occasion to expose...
By IndepthAfrica
In News
Jul 6th, 2012
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15 Views
ecutive year but could more than double by 2014, as stronger economic growth, ongoing reforms and high commodity prices improve investor perceptions, the United Nations said on Thursday. The decline in investment, from $43.1 billion in 2010 to $42.7 billion in 2011, was largely due to reduced inflows...