Major Shift in Investment Strategies Across Sectors in East Africa
A new report reveals a remarkable shift in where investors are focusing their attention in East Africa, a trend driven by recent global...
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Economy
spotlightethio
- Aug 9
- 1 min
Africa Accounts For 66% Of The World's $1.2 Trillion Mobile Money Market
In a clear indicator of the rise of digital finance, mobile money services are growing faster than anticipated globally and most notably...
230
spotlightethio
- Aug 9
- 1 min
Africa Has At Least 345 Companies With Revenues of $1 Billion Or More
Africa is home to many large companies: at least 345 companies have annual revenues of at least $1 billion and collectively, they produce...
110
spotlightethio
- Apr 21
- 1 min
87% of Ethiopia's Energy Consumption is Powered by Renewables
Africa is the one region of the world where renewables play a truly dominant role in energy consumption. About 87% of Ethiopia's energy...
80
spotlightethio
- Mar 6
- 1 min
Venture Capital Funding Continued To Grow In Africa Despite Global Slump
The African Tech sector was one of the few, if not the only, VC markets to boast net growth funding and deals in 2022. VC funding grew 8%...
100
spotlightethio
- Feb 9
- 1 min
The Cost of Starting A Business In Ethiopia Is $152.78 USD
Reforms are underway to make the process cheaper and simpler to start a business in Ethiopia 📈 This will spur innovation, economic...
330
spotlightethio
- Feb 5
- 1 min
Ethiopia Is Emerging As A Global Offshoring Destination
Offshoring is when a business moves some of its operations overseas to reduce costs and access a larger pool of skilled people. As labour...
290
spotlightethio
- Feb 5
- 1 min
Ethiopia’s Economy Grew The Fastest In Africa From 2010 to 2019, Averaging 9.45% Per Year
Ethiopia was the fastest growing economy in Africa between 2010 and 2019 📈 Ethiopia’s economy experienced strong, broad-based growth...
20
spotlightethio
- Feb 5
- 1 min
Addis Ababa Ranks Second As World’s Best Location To Set Up Data Centers.
According to the latest fDi Intelligence study, Addis Ababa ranked as the world’s second-best location to set up a data center. Beijing...
150
spotlightethio
- Feb 5
- 1 min
More Than Half Of Global Population Growth Between Now And 2050 Will Occur In Africa.
According to recent UN forecasts, the population of Africa is projected to double by 2050 to over 2 billion, accounting for most of the...
10
spotlightethio
- Feb 5
- 1 min
Foreign Direct Investment To Ethiopia Grew By 79% To $4.3 Billion In 2021.
Foreign direct investment (FDI) flows to Ethiopia grew by 79% to $4.3 billion in 2021, making it one of the top FDI country destinations...
10
spotlightethio
- Feb 5
- 1 min
Total Private Wealth Held In Africa Is Expected To Reach $3 Trillion USD By 2031.
The total private wealth currently held by individuals on the African continent is US$2.1 trillion and is expected to rise by 38% over...
30
spotlightethio
- Feb 5
- 1 min
Ethiopia Is Widening The Gateway To Foreign Investment In Certain Sectors.
As part of its massive investment reforms, Ethiopia has opened certain segments of the economy to foreign investors in efforts to boost...
20
spotlightethio
- Feb 5
- 1 min
Ethiopia’s Bonds Are The Best-Performing Sovereign Debt In Emerging Markets This Year.
According to Bloomberg, Ethiopia’s bonds are the best-performing sovereign debt in emerging markets this year. The bonds have rallied 6...
30
spotlightethio
- Feb 5
- 1 min
Africa’s Internet Economy Will Reach $180 Billion By 2025 And $712 Billion By 2050.
Africa’s Internet economy has the potential to reach $180 billion by 2025, accounting for 5.2% of the continent’s gross domestic product...
40
spotlightethio
- Feb 5
- 1 min
Ethiopia Attracted $1.9 Billion In Foreign Direct Investment Last Quarter.
Ethiopia Attracted Foreign Direct Investment (FDI) Worth Over $1.9 Billion USD over the past four months of 2021. According to the...
10
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