Post Tagged with: "Trade"

A subtle engagement: Ethiopia and India

September 3, 2013 6:47 pm0 comments
Ethiopia Indina

Even as the global economy has suffered from a prolonged crisis, a number of African countries have seen significant growth. Ethiopia stands out among them. With double-digit growth for the last decade, Ethiopians have seen their purchasing power double, from US$ 527 per capita in 2003 to over US$ 1,100 in 2011.Much of this success has come from relationships with new geopolitical giants, including the so-called BRICs nations, Brazil, Russia, India, and China. The “BRICs effect,” according to the African Progress Panel, “helped first to insulate Africa partially from the global economic downturn, and then to drive recovery.

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Japan investors set their sights on Tanzania

August 11, 2013 12:50 am0 comments
Japan investors set their sights on Tanzania

Japan has made an unprecedented commitment to invest in Tanzania in a move aimed to make Tanzania as a model for Japan trade and investment in Africa.
This was announced yesterday by Japan’s Economy, Trade and Industry Minister Toshimitsu Motegi who is visiting Tanzania with a delegation of representatives from 13 private and five state companies.

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