Category: Markets

  • Ethiopia: An Interview With the Governor of National Bank

    Ethiopia: An Interview With the Governor of National Bank

    Addis Ababa (HAN) June 9, 2014. The Geeska Afrika Online forums (IGAD2020 Regional Watch) can meet the movers and shakers of the region, the ones who make the headlines in Africa and the Middle East. Ebizguides, winne- Published last Year, April 3rd, 2003. We revisited  Teklewold Atnafu’s interview with Winne to evaluate the current financial…

  • Ethiopia: Squeezing Banking credit and liquidity from the System

    Ethiopia: Squeezing Banking credit and liquidity from the System

    Addis Ababa (HAN) June 9, 2014- Financial and banking sector updates. The Governor of the National Bank of Ethiopia (NBE), Teklewold Atnafu, slammed a study sponsored by the Ethiopian Chamber Commerce and Sectoral Association (ECCSA) which details how the policies and directives issued by the regulatory body is squeezing a much needed banking credit and…

  • Ethiopia: Sheraton Hotel Investment Forum raise the profile of Addis Ababa

    Ethiopia: Sheraton Hotel Investment Forum raise the profile of Addis Ababa

    Djibouti (HAN) June 3, 2014 – Hotel Investment Forum. The African hotel sector is booming. Both small independents and large European and Asian Corporations are investing to establish a presence in East and the Horn of Africa market. Hotels tailored to the Horn of Africa region are opening at an ever-increasing rate, defying tough economic and…

  • Ethiopia: Tullow suffered disappointing Oil exploration results

    Ethiopia: Tullow suffered disappointing Oil exploration results

    Addis Ababa (HAN) May 23, 2014 – Geeska Afrika Online Energy and Oil news page. In Ethiopia’s 2013, Oil exploration company Tullow discovered crude minerals along the Kenyan and Ethiopian borders along the Tertiary rift. Tullow was under a fair amount of pressure to discover more oil after a disappointing trading performance in January and a…

  • Ethiopian Airlines Receives again 7th Boeing 787 Dreamliner

    Ethiopian Airlines Receives again 7th Boeing 787 Dreamliner

    Addis Ababa (HAN) May 22, 2014. The marketing news reported by Jamal Abiib. Because of China’s financial help, Ethiopian Airlines, the fastest growing and most profitable African airline in Africa, is pleased to announce that it took delivery of its 7th Boeing 787 Dreamliner on 20 May 2014.   According to the CEO of Ethiopian…

  • Ethiopia: Fair Trade has failed to make a positive difference

    Ethiopia: Fair Trade has failed to make a positive difference

    Djibouti (HAN) May 19, 2014. Fair Trade News Update. Buying ‘Fair Trade’ coffee is not really helping the very poor, new research suggests. By comparing living standards in Fair Trade-certified producing areas in Ethiopia and Uganda with similar non-Fair Trade regions, four development economists from the School of Oriental and African Studies (SOAS) in London…

  • China: Ethiopian Airlines to finance Boeing Aircraft purchases

    China: Ethiopian Airlines to finance Boeing Aircraft purchases

    Djibouti (HAN) May 19, 2014. Financial News update. The government of China is going to extend a 500 million dollar loan to Ethiopian Airlines to finance Boeing jetliner purchases. During Chinese Premier Li Keqiang’s state visit to Ethiopia last week, a Memorandum of Understanding (MoU) was signed between Ethiopian Airlines and ICBC Financial Leasing Co.,…

  • Somalia: Why Michael Stock is In Mogadishu?

    Somalia: Why Michael Stock is In Mogadishu?

    Mogadishu (HAN) May 12, 2014 – Security projects, business and investment Story, reported by HAN & Geeska Afrika Online. Despite the threats from Islamist militants, suicide targets, car bobs and special operations,  the Somali capital Mogadishu is bursting back to life. To invest in Somalia today, you might have to take matters into your own…

  • Kenya: Uhuru Kenyatta Helped Launch a “Visa free travel in Africa”

    Kenya: Uhuru Kenyatta Helped Launch a “Visa free travel in Africa”

     Nairobi (HAN) May 8, 2014.– African Development Bank (AfDB) President, Donald Kaberuka, alongside two African leaders, on 7 May 2014 in Abuja, Nigeria, launched a call to action for regional integration in Africa.  Called “Visa free travel in Africa”,  the initiative, launched at the World Economic Forum on Africa, means to  promote travel across the continent…

  • Ethiopia: World Bank Loans of $380 million to help 44 cities infrastructure services

    Ethiopia: World Bank Loans of $380 million to help 44 cities infrastructure services

    Addis Ababa (HAN) May 8, 2014. Ethiopia has received a $380 million World Bank loan to help improve the capacity of its urban councils through expansion of infrastructure and services. The board of the Bretton Woods institution approved the loan last Friday to bankroll Ethiopia’s second Urban Development Program (ULGDP II) that will support 44…

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