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China-Africa Trade Information Service
The Government has committed itself to a programme of economic reforms and liberalisation. However, it continues to control the services sector, with a state monopoly on the telecom market and virtually full control by local banks in the financial sector.
The Addis Ababa Chamber of Commerce and Sectoral Associations (ACCSA) said raising members awareness of the country's investment opportunities would help bridgeherald decision making gaps.
China Merchants Holdings is in hot pursuit to acquire no less than a 40pc stake of the Ethiopian Shipping & Logistics Services Enterprise (ESLSE), a state-owned monopoly with a near complete control of the logistics business, sources close to the deal disclosed to Fortune.