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India the fastest growing economy? Nope! Guess again
when you are asked about the fastest growing economy, which country do you think of first? China would be an obvious suspect with its towering buildings and a million factories.…
AFRICA BUSINESS- Ethiopia to expand tiny car assembly business in industrial drive
By Aaron Maasho ADDIS ABABA, June 1 Ethiopia has grand ambitions for its tiny auto industry, seeking to transform a handful of assemblers that bolt together imported kits into a…
Kia Motors to build auto mechanic training centers in Ethiopia
Addis Ababa, May 30, 2016 (FBC) – Kia Motors will build training centers for mechanics in Ethiopia and Kenya in a bid to contribute to their economies by providing education…
The key to Africa’s prosperity? Cultivating ‘agropreneurs’
Dimiss the thought that the key to Africa’s financial well-being lies in oil or other standard bearers of economic prosperity. Agnes Kalibata looks to the future and sees smallholder farmers…
Africa ‘not a museum for poverty’
By Siphelele Dludla Lusaka – The African Development Bank (AfDB) on Thursday announced its plans to improve the agriculture sector in Africa. This it will do by embarking on an…
Bangladesh based DBL secures $100 mln to build garment factory in Ethiopia, Mekele
Addis Ababa, May 26, 2016 (FBC) – A 15-million US dollars loan agreement was signed yesterday between the Swedfund and DBL, a Bangladesh textile and garment company. DBL had already…