Main » 2013 » February » 27
|Investing in Ethiopia
A new fund attests to the country’s allure—and to the value of connections
May 12th 2012 | ADDIS ABABA |From the print edition Tweet..
LONG benighted, Ethiopia is attracting attention for a better reason. It has become Africa's fastest-growing non-energy economy (see chart). Investors have noticed. South Africa's largest consumer-foods firm, Tiger Brands, expanded into Ethiopia last year with a big acquisition. Diageo and Heineken recently paid nearly $400m combined to acquire state breweries in the country.
The latest proof came on May 9th, when Schulze Global Investments, an American investment firm and family office, announced that it had launched a $100m Ethiopia fund, the first private-equity fund focused exclus
Read more »
Views: 3110 | Added by: Tefeta
| Date: 2013-02-27
Tibebu Tefeta - Business Consultant