Ethiopia’s Boom Runs into Limits on Finance
Photo: Rakeb Abebe, Chief Executive Officer and Founder, GAWT International Business PLC Ethiopia By Katrina Manson in Addis Ababa Three banks rejected Tekeste Berhan Habtu for a loan to help build his 11-storey office block. Undeterred, the 59-year-old Ethiopian businessman…
Ethiopia’s Leader, Hailemariam Desalegn, Aims to Maintain Tight Rein on Key Businesses
Photo: An Ethiopian Orthodox Priest talking on a mobile phone By Katrina Manson Addis Ababa, May 27, 2013 — Ethiopia’s new prime minister has ruled out loosening state control of key businesses, dealing a blow to foreign investors circling one…
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