Ethiopia:Investment Board Lifts Restrictions On Logistics Industry

[Addis Standard] A landmark decision by the Ethiopian investment board has decided to reverse a major regulation that restricts foreign investors from engaging in parts of Ethiopia’s Investment Incentives and Investment Areas reserved for domestic investors by lifting the restriction in logistic industry which was exclusively reserved for Ethiopian nationals.

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Zimbabwe:UK Extends U.S.$100 Million Loan to Zim As Ties Improve

[The Herald] The United Kingdom and the Standard Chartered Bank have partnered to lend Zimbabwean companies in the private sector US$100 million in a move described by Government as a sign of confidence in its policies aimed at transforming the economy into a middle income by 2030. Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya confirmed the development saying the facility would go a long way in improving the firms’ competitiveness.

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