CA Global eyes the “African Lion” for expansion – Boosting Ethio-South Africa Trade
CA Global eyes the “African Lion” for expansion
Ethiopia is set to become an industrial hub of Africa by 2025. This is according to AllAfrica.com. Following its economic success, Ethiopia has been dubbed the “African Lion.” But the current drought and a downturn in growth have taken their toll, as was pointed out in a recent conference held in Munich aimed at attracting investors.
Ethiopia is endowed with agriculture-rich resources. The country possesses one of the largest and most diverse genetic resources in the world. [Source: ,AllAfrica.com]
According to Ethiopia’s Minister of Planning, Ethiopia has many economically favourable attractions:
- A conducive business environment
- Political stability
- Sound economic policies
- Macroeconomic stability
- Abundant natural resources
- Trainable workforce
- Low-cost energy
- A sizable and captive market
CA Global and Ethiopia, the African Lion
Through Africa HR Solutions, CA Global’s rapid Africa expansion has already reached Mozambique, Angola and Congo. The next country that on the horizon is Ethiopia.
Africa HR Solutions is a Mauritian based partner company that provides companies with payroll solutions for all employees across the African continent.
CA Global Group MD, Bradley Barr, recently met with the South African Ambassador to Ethiopia and Djibouti, his Highness Ndumiso Ntshinga, to discuss setting up a business partnership in Ethiopia. [Source: AllAfrica.com]
CA Global Group MD, Bradley Barr with South African Ambassador to Ethiopia and Djibouti, Ndumiso Ntshinga
This is a great time for the CA Global Group. With the favourable economic prospects predicted for Ethiopia in the next few years, a business partnership to expand our existing networks in Ethiopia is the next step. Our current networks in Ethiopia include local Ethiopians, Ethiopian diaspora as well as expats.
Good things are on the horizon for us. Watch this space…
Thank you for reading.
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