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FDI inflow drops to USD 2.5 bln

Once a champion in Foreign Direct Investment (FDI) attracting to the tune of USD 4.2 billion, Ethiopia’s FDI has slowed to USD 2.5 billion, landing at the lowest amount recorded since 2016, The Reporter has learnt.

LDCs remain unfriendly to entrepreneurs, UNCTAD

The United Nations Conference on Trade and Development (UNCTAD) has found in its annual Least Developed Countries (LDCs) report that entrepreneurs are faced with numerous constraints and struggle to stay in business across the LDCs where Ethiopia is one of the least performers.

Coffee bags USD 204 mln in three months

Still quite shy of its target and last year’s performance, the export of 60,000 tons of coffee has generated USD 204 million during the first quarter of the current fiscal year, The Reporter has learnt.

Experts call for upgrade in capacity to deal independent power producers

UNCTAD reports 82 percent of people in LDCS out of national grid Launching the 2017 report on Least Developed Countries (LDCs), discussants of the report, which was presented by the United Nations Conference on Trade and Development (UNCTAD) on Wednesday, noted that countries such as Ethiopia who wish to work with independent power producers (IPPs) should first capacitate their bargaining powers to benefit out of the power purchase deals.