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spotlightethio
Feb 9, 20231 min read
The Cost of Starting A Business In Ethiopia Is $152.78 USD
Reforms are underway to make the process cheaper and simpler to start a business in Ethiopia 📈 This will spur innovation, economic...
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spotlightethio
Feb 5, 20231 min read
Ethiopia Is Emerging As A Global Offshoring Destination
Offshoring is when a business moves some of its operations overseas to reduce costs and access a larger pool of skilled people. As labour...
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spotlightethio
Feb 5, 20231 min read
Ethiopia’s Economy Grew The Fastest In Africa From 2010 to 2019, Averaging 9.45% Per Year
Ethiopia was the fastest growing economy in Africa between 2010 and 2019 📈 Ethiopia’s economy experienced strong, broad-based growth...
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spotlightethio
Feb 5, 20231 min read
Addis Ababa Ranks Second As World’s Best Location To Set Up Data Centers.
According to the latest fDi Intelligence study, Addis Ababa ranked as the world’s second-best location to set up a data center. Beijing...
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spotlightethio
Feb 5, 20231 min read
More Than Half Of Global Population Growth Between Now And 2050 Will Occur In Africa.
According to recent UN forecasts, the population of Africa is projected to double by 2050 to over 2 billion, accounting for most of the...
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spotlightethio
Feb 5, 20231 min read
Foreign Direct Investment To Ethiopia Grew By 79% To $4.3 Billion In 2021.
Foreign direct investment (FDI) flows to Ethiopia grew by 79% to $4.3 billion in 2021, making it one of the top FDI country destinations...
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spotlightethio
Feb 5, 20231 min read
Total Private Wealth Held In Africa Is Expected To Reach $3 Trillion USD By 2031.
The total private wealth currently held by individuals on the African continent is US$2.1 trillion and is expected to rise by 38% over...
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spotlightethio
Feb 5, 20231 min read
Ethiopia Is Widening The Gateway To Foreign Investment In Certain Sectors.
As part of its massive investment reforms, Ethiopia has opened certain segments of the economy to foreign investors in efforts to boost...
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spotlightethio
Feb 5, 20231 min read
Ethiopia’s Bonds Are The Best-Performing Sovereign Debt In Emerging Markets This Year.
According to Bloomberg, Ethiopia’s bonds are the best-performing sovereign debt in emerging markets this year. The bonds have rallied 6...
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spotlightethio
Feb 5, 20231 min read
Africa’s Internet Economy Will Reach $180 Billion By 2025 And $712 Billion By 2050.
Africa’s Internet economy has the potential to reach $180 billion by 2025, accounting for 5.2% of the continent’s gross domestic product...
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spotlightethio
Feb 5, 20231 min read
Ethiopia Attracted $1.9 Billion In Foreign Direct Investment Last Quarter.
Ethiopia Attracted Foreign Direct Investment (FDI) Worth Over $1.9 Billion USD over the past four months of 2021. According to the...
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spotlightethio
Feb 5, 20231 min read
Ethiopia’s Digital Economy Will Reach 3 Trillion ETB by 2025.
The market size of digitally transacted economic activity will show a nine-fold increase by 2025, reaching just above Birr 3 trillion or...
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spotlightethio
Feb 5, 20231 min read
Ethiopia Ranked 7th Wealthiest African Country According To GDP In 2021
Ethiopia Ranked 7 in the Top 10 Wealthiest African Countries According to GDP in 2021. In recent years, Ethiopia has opened its...
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spotlightethio
Feb 5, 20231 min read
Digital Finance Has The Potential to Create 3 Million New Jobs in Ethiopia by 2025.
Delivering financial services could benefit millions of people by spurring inclusive growth. This growth could add $15 billion to...
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spotlightethio
Feb 5, 20231 min read
Ethiopia’s Total Startup Funding Grew The Most In Africa Between 2019-2020, Up By 9,160%.
The biggest growth story in Africa in 2019-20 went to Ethiopia, which saw five startups raise US$2,315,000, up 9,160% from the single...
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spotlightethio
Feb 5, 20231 min read
Addis Ababa Jumped 197 Spots On The Global Startup Ecosystem Index
Addis Ababa’s Startup Ecosystem is ranked at number 495 globally, and shows a positive momentum increasing 197 spots since 2020. Addis...
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spotlightethio
Feb 5, 20231 min read
Ethiopia’s E-Commerce Market Size Reaches Over 300 Billion ETB
The era of Ethiopia’s e-commerce boom is just beginning. Check out Ethiopia's leaders in e-commerce. 🌐 It was announced that Ethiopia’s...
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spotlightethio
Feb 5, 20231 min read
Ethiopia’s Digital Economy is Expected to Grow by 900% by 2025
The size of digitally transacted economic activity will show a nine-fold increase by 2025, reaching USD $100bn or 39% of GDP (up from USD...
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spotlightethio
Apr 24, 20221 min read
The Cost of Starting A Business in African Countries
According to the Doing Business 2020 report by the World Bank, the cost of starting a business in Ethiopia is $152.78. Reforms are...
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spotlightethio
Apr 24, 20221 min read
Telecom Reforms Bring Connectivity and Boost Affordability
Sweeping reforms enacted over the past few years have substantially altered the digital infrastructure and connectivity landscape in...
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