By Desta Gebrehiwot Manufacturing companies put preconditions of various kinds before investing in a given country. In this context, Ethiopia has been toiling to win the hearts of investors by providing enabling policies and infrastructure. Many companies these days are making their way to the country. According to ASOKO Insight, corporate data and information provider...
November 9, 2026
Category: Market Bazaar
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Kenya’s bourse to woo Chinese investors
NAIROBI, (Xinhua) — Kenya’s Nairobi Securities Exchange (NSE) plans to woo Chinese investors in order to deepen the capital market, the bourse’s top official said. NSE CEO Geoffrey Odundo told Xinhua in a recent interview in Nairobi that currently there is very minimal Chinese capital at the NSE. “We are therefore planning to conduct road...
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Who was Fazlur Rahman Khan? The genius who made today’s skyscrapers possible
In 1931, New York’s Empire State Building became the tallest building in the world and a symbol of America’s place on the world stage after World War II. Few expected, however, that at 381 metres (1,250 feet) high, it would remain the world’s tallest for more than four decades. After it was completed, the Great...
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How a Kenyan lady went from being a casual labourer to owning rental apartments
By HARUN MOMANYI Millions of Kenyans live on a shoestring budget. The current rate of inflation is not good for anyone. Even the rich complain about fuel, food and other commodities being pricey. There’s no one who is not directly affected by this. This has resulted in Kenyans having a hand-to-mouth lifestyle. They just work...
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Why Ethiopia is building a space programme
THE ancient holy town of Lalibela, perched some 2,500 metres above sea-level in Ethiopia’s northern highlands, boasts some of the clearest night skies imaginable. Ethiopian stargazers dream that the mountains around Lalibela may one day host a world-class observatory to rival the big ones in Chile and Hawaii. And in time Ethiopia hopes to do...
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How can Africans trade more with other Africans?
African Business Magazine Western multinationals used cheaper labour in underdeveloped countries to manufacture products that relied on inputs from all over the world and technologies developed in their more expensive labour markets. Studies now suggest these advantages are being lost. Labour is no longer as cheap in many places. In China, for example, lifestyles are...
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Somalia calls for economic investments to beat al-Shabaab
The capital of Somalia is now open for foreign investment as the city has significantly improved its security and infrastructure issues, according to the mayor of Mogadishu, Yussuf Jimale. Speaking at a welcome event for the Turkish deputy prime minister, Veysi Kaynak, Jimale said he also offered other incentives to member of Somalia’s diaspora, including...
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Diaspora now investing in Mogadishu as security improves
By FRED OLUOCH, The East African Authorities in Mogadishu say that the city is now ready for full scale foreign investment since security and infrastructure have significantly improved, despite some lingering challenges. The Mayor of Mogadishu, Yussuf Hussein Jimale, told The EastAfrican that the city is no longer considered high risk for foreign investors because of...
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Macharia: Mogadishu development won’t affect direct Kenya-US flights
By Olive Burrows Nairobi — Transport Cabinet Secretary James Macharia says there is no reason direct flights from Mogadishu to Nairobi should affect efforts to realise similar plans between Kenya and the United States. Macharia says before the decision to allow direct flights between Nairobi and Mogadishu was taken, stakeholder awareness was carried out and...