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  • 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.

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