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Fairfax Africa Fund: Latest News

  • Ethiopia Plans To Privatize Four Public Companies In 2016

    Ethiopian Tobacco Monopoly By Kevin Mwanza, 7:33 am

    Ethiopia plans to privatize four public companies this year as the East African nation with one of the fastest growing economies on the continent opens up its market to foreign investors. The country’s Ministry of Enterprises said it plans to sell some of government’s shareholding in Bahir Dar Textile S.C., Kombolcha Textile S.C., National Tobacco Enterprise S.C. and Ethiopian Crown Cork and Can Manufacturing Industry S.C.

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