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imported 2024-03-17 17:43:07

Ethiopia banking sector analysis: Ethiopian banks at a crossroads

February 7, 2014

Ethiopia Sector Analysis
Ethiopia banking sector analysis: Ethiopian banks at a crossroads
Thanks to the firm monetary policy of the National Bank of Ethiopia (NBE), all Ethiopian banks have survived until presence and none has been experiencing symptoms suggesting possible bankruptcy. Ethiopian banks now appear more profitable and ahead of the sub-Saharan standard. Conversely, the sector has to tackle a number of challenges including Ethiopia’s accession to the WTO.

Ethiopia: Construction materials scarcity no longer a challenge, but there is a need for sophisticated construction materials

January 16, 2014

Ethiopia Sector Analysis
Ethiopia: Construction materials scarcity no longer a challenge, but there is a need for sophisticated construction materials
The scarcity of construction materials was also among the serious challenges for the construction sector in general which also faced the real estate sub sector a few years ago. The coming of Derba Cement – the major cement supplier (52% market share) with a competitive price – has solved the problem, although GIFT Real Estate argues for using ‘sophisticated’ construction materials.

Ethiopia: Addressing the housing demand through Integrated Housing Development Program

January 14, 2014

Ethiopia Sector Analysis
Ethiopia: Addressing the housing demand through Integrated Housing Development Program
Through the Integrated Housing Development Program – a housing program worth of Birr 15.4 billion which is supported by the World Bank – Ethiopian government has been working to reduce slums in urban areas of the country by 50% as part of its Millennium Development Goals (MDGs).

Real estate in Ethiopia growing by 25% | Role of private real estate companies in Ethiopia

January 13, 2014

Ethiopia Top Stories
Real estate in Ethiopia growing by 25% | Role of private real estate companies in Ethiopia
The increasing number of emerging middle incomers has increased the demand for real estate development. A 2010 study by the Africa Development Bank shows that Africa’s middle class has increased to 34%, an increase of 27% from the 1980s, and Ethiopia is not considered to be an exception. Given that the government cannot address the need for the increasing demand for real estate on its own, it allowed a number of local private investors to become the major actors in the development of real estate in Ethiopia.

Jumhouria Bank: Helping to finance the reconstruction of Libya

August 27, 2013

Libya Top Stories
Jumhouria Bank: Helping to finance the reconstruction of Libya
“It is the largest bank in Libya with a large volume of assets and good profits especially for the potential market in Libya,” bank General Manager Ahmed I. Rajab told Marcopolis. “This was especially true in 2012 based on a lot of contracts that have already been signed by the government and international companies, especially for construction and the infrastructure of the country.”

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