Ethiopia

Ethiopia

Africa features 7 of world’s top 10 economies for the coming year

On IMF forecasts Africa has 7 of the world’s top 10 places for fastest growing economies for the 5 years from 2011-2015, reports the Economist, ...

Ethiopia

IFC to offer $20 million guarantee facility for Ethiopian coffee producers

The International Finance Corporation is investing $21 million to guarantee coffee crops. The facility would be to support the Ethiopian Coffee Initiative run by ...

Ethiopia

Bond market coming to Ethiopia, and experts review T-Bills

Ethiopia may soon have corporate bonds, paving the way to a bond market, according to a press conference last week by Prime Minister Meles Zenawi. ...

Ethiopia

NSE to launch commodity exchange “by June”

The Nairobi Stock Exchange (www.nse.co.ke) has set mid-2010 as the target to launch a commodities exchange. It will be a joint effort by the National ...

Ethiopia

Meeting to form body for African commodities exchanges and ECX launches speciality trading system

Ethiopian Commodity Exchange hosted a meeting to form a body for African commodities exchanges and launches speciality trading system, currently trading speciality high-quality coffees.

Capital raising

Agri-Vie fund close to $100 million target, finding projects

Agricultural private equity fund Agri-Vie will reach its target of raising $100 million for investment in agricultural projects by February or March, according to an ...

Ethiopia

ECX sells another 150 seats

The fast-growing Ethiopian Commodity Exchange (www.ecx.com.et) on 31 December sold 150 full membership seats for a total of Birr 34 million (US$2.7 million). The new ...

Ethiopia

Ethiopian Commodity Exchange to help finance agricultural trade

Traders on the Ethiopian Commodity Exchange will be able to use their stocks to access bank finance, according to a scheme launched with the International ...