Daily News from Ethiopia
ETHIOPIA IS AMONG THE FIVE FDI DESTINATIONS IN AFRICA ADDIS ABABA – Foreign direct investment (FDI) to African countries hit a record $83 billion in 2021, according to UNCTAD’s World Investment Report 2022.
ADDIS ABEBA – Foreign direct investment (FDI) flows to Africa fell by 28% in the first half of 2020 compared to 2019, due to the economic fallout from COVID-19, according United Nations.
ADDIS ABEBA – An estimated $88.6 billion or equivalent to 3.7% of Africa’s GDP leaves the continent as illicit capital flight annually, a new report by the UN agency for trade and development (UNCTAD) estimates.
ADDIS ABEBA – A latest UNCTAD review shows how improved use of science, technology and innovation policies can build innovation capacity, upgrade technologies and accelerate Ethiopia’s development process.
ADDIS ABEBA – Rules of origin – the criteria used to determine the ultimate nationality of a product – will be a major determinant of the effectiveness of the African Continental Free Trade Area (AfCFTA),
ADDIS ABABA – Africa escaped the global decline in foreign direct investment (FDI) as flows to the continent rose to US$46 billion in 2018, an increase of 11% on the previous year, revealed UNCTAD’s World