Ethiopia Opens $3.61 Billion Gap on Kenya’s Economy
The IMF’s latest data indicates that Ethiopia’s gross domestic product (GDP) hit $72.52 billion last year from $64.68 billion in 2015 and is expected to […]
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Banks Are Beating a Path to Ethiopia’s Door
Lenders are lining up to establish a presence in one of Africa’s fastest-growing and most under-banked economies By Renee Bonorchis | Lenders are lining up […]
Deloitte Ranks Kenya behind Ethiopia in Infrastructure Spend
Ethiopia’s breakneck speed in modernizing its infrastructure is expected to see the economy overtake Kenya’s in 2016. The country has spent the equivalent of 32.8% […]
Ethiopian Electric Power and Standard Bank Reach 100M USD Loan Agreement
Ethiopian Electric Power (EEP) and the South African Standard Bank have signed loan agreement estimated at more than $100 million dollars aimed at financing the […]