30 Aug Interview by one of Ethiopian investment experts about the recent macro-economic changes (Amharic)
If you’re closely following the recent macro economic changes that are happening in Ethiopia, this is one of the best conversations you should listen.
Zemedeneh Negatu is a world-class investment expert who has global exposure to diverse markets around the world including US, South America, Middle East, and Asia…
Here are just a few takeaways from this conversation:
1. Foreign Direct Investment is beneficiary not just to developing countries like Ethiopia alone. Mega economies such as the US and China strive to attract foreign investments.
2. Inviting foreign companies by removing barriers against FDI will make our companies very competitive. A good example Zemedeneh cited was Ethiopian Telecom, which has shown tremendous improvements because it is now competing with a Kenyan telecom company, Safaricom.
3. Smaller banks should merge and become big enough to compete with the coming foreign banks.
4. To be a great nation that we deserve, we should create multiple Ethiopian Airlines like multinational companies.
Watch it when you get a chance and share the lessons you learned…