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Ethiopia’s Astounding Achievement in Attracting Foreign Direct Investment

Ethiopia’s Astounding Achievement in Attracting Foreign Direct Investment

Various sources indicate that the rapid inflow of Foreign Direct Investment to Ethiopia has continued over the past years. But the question here is that even when the country has passed through various political ups and downs, why is this tremendous FDI upward trajectory continued? What is the reason behind? Zemedeneh Nigatu, economist by profession […]

Former Zimbabwe governor Gideon Gono appointed as SEZ chair

Former Zimbabwe governor Gideon Gono appointed as SEZ chair

FORMER Reserve Bank of Zimbabwe (RBZ) governor, Gideon Gono yesterday returned to the limelight after being appointed chairperson of an 11-member Special Economic Zones (SEZs) board, while there was also a place for army boss, General Constantino Chiwenga’s wife, Marry Mubaiwa on the body. This came after President Robert Mugabe assented to the SEZ Act […]

Why Mineral Wealth Not a Blessing for Africa

Why Mineral Wealth Not a Blessing for Africa

Tanzania is one of the most abundantly endowed with natural resources just like most of other African countries, but is still ranked high amongst the 25 poorest countries in the world. Private investment in mineral sector in Tanzania is in place for almost 20 years since the country opened its doors for foreign direct investment […]

‘Infrastructural Transformation Is a Catalyst for Growth and Development’ – President Koroma

‘Infrastructural Transformation Is a Catalyst for Growth and Development’ – President Koroma

President Dr Ernest Bai Koroma today, Monday 29th May 2017, officially opened the Sierra Leone Development Finance Forum jointly organised by the World Bank and the Ministry of Finance and Economic Development held at the Bintumani International Conference Centre in Aberdeen, Freetown. The theme of the event; “Unlocking Private Investment in Sierra Leone” speaks to […]

Zimbabwe Must Return to the Rule of Law – EU Ambassador

Zimbabwe Must Return to the Rule of Law – EU Ambassador

ECONOMIC crisis-ridden Zimbabwe needs sound policies and a return to the rule of law if the country is to attract foreign direct investment (FDI), European Union ambassador Philippe Van Damme has said. In an interview with the Zimbabwe Independent, Van Damme said potential investors are not interested in regime change, but attractive investment policies and […]

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