Saturday, December 16, 2017

British firms still keen for deals despite global M&A slowdown

Research suggests companies are gaining confidence to make takeover bids Big companies still have the motive and means to embark on takeovers despite headwinds in...

A day of reckoning for fuel prices in the Gulf

QUEUES at the pumps were only a few minutes longer than usual. There was little evidence of stockpiling. Aside from minor grumbling, July 31st...

Messebo Cement Conducts Feasibility Study for Plant in Addis

Messebo Cement Factory Plc has hired Industrial Projects Service (IPS), a state-owned consultant, to conduct an assessment of market for cement around Addis Abeba....

How much does “who you know” affect your chances of landing a job?

It is hardly a well-kept secret that getting a job is easier if you know someone. Presumably, that is one of the reasons networking...

Ethiopia: NOC to Open Branch in Djibouti

National Oil Ethiopia (NOC) announced that it would soon begin the distribution of petroleum products in Djibouti. NOC Chief Executive Officer Tadesse Tilahun said, the...

Serious Fraud Office investigating oil firm Soma

Britain's Serious Fraud Office (SFO) has launched a criminal investigation into the British exploration firm Soma Oil and Gas, which has been searching for...

Investing in Africa: Shedding the developed market mind-set

Excerpted from THE NEXT AFRICA: An Emerging Continent Becomes A Global Powerhouse by Jake Bright and Aubrey Hruby. Copyright © 2015 by the author...

When capitalism turns to cannibalism

When people say “capitalism has failed” or “capitalism has succeeded,” we have to ask: what type of capitalism do you mean? Authentic capitalism, in which...

NIGERIA’S AUTO LANDSCAPE: FROM DUMPING GROUND TO MANUFACTURING HUB

Before 2013, Nigeria was Africa’s biggest market for tokunbos—the local name used to describe used cars shipped from Europe and the US. Vehicles (mostly...

Ethiopia looks to Ports in Kenya, Somaliland and Sudan to increase Imports and Exports

As part of a new national strategy, Ethiopia will begin using ports in Kenya, Somaliland and Sudan in order to increase trade volume. This...

Latest article

Exclusive – United States suspends aid to Somalia’s battered military over graft

The United States is suspending food and fuel aid for most of Somalia's armed forces over corruption concerns, a blow to the military as...

Somaliland President Fields New 23-Ministry Government

His Excellency the newly inaugurated President of the Republic of Somaliland, Musa Bihi Abdi, today, released his government's first roster of ministers and vice...

Somaliland hailed as it swears in new president

The self-declared republic of Somaliland has sworn in its fifth president, Muse Bihi Abdi. There was excitement and optimism on social media as citizens relished...