FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Local Firm Starts Online Business Consulting

Jun 7 , 2020


[ssba-buttons]

Lead Plus Management Consultancy & Training Center has started providing online consulting services for businesses and investors free of charge as a way of mitigating the impacts of the Novel Coronavirus (COVID-19) pandemic. The company, established three years ago, provides services like corporate accounting and outsourcing, human resource consulting and tax advice, and now consults businesses interested in various ventures by creating a road map and providing relevant information for free. The company aims to increase the ease of doing business in Ethiopia by availing a compiled set of laws and regulations and minimising office visits for its clientele. Lead Plus has designated five professionals with the experience to respond to queries and give guidance to its clients. While these services are free, it plans on strengthening its client base and making the website a hub of information, drawing international clients as a source of revenue through advertisements. Ethiopia was ranked at 159 out of 190 countries in the ease of doing business by a 2020 World Bank report. The report states that it takes nearly six times longer on average to start a business in the economies ranked in the bottom 50 than it does in the top 20.


Radar

Ethiopia, Djibouti Explore New Petroleum, Gas Pipeline Network

Djibouti President Ismail Omar Guelleh held talks with Brook Taye, head of Ethiopian Investment Holdings (EIH), over planned cross-border energy infrastructure projects linking the two countries. During a meeting held in Djibouti on Wednesday, Brook said Ethiopia and the Dangote Group are preparing to jointly implement a two-phase energy corridor project with Djibouti. The first phase focuses on constructing a pipeline that would transport refined petroleum products from the Port of Djibou...


Radar

Addis Abeba Relaxes Procurement Restrictions to Prevent Health Crisis

The Addis Abeba Finance Bureau has partially lifted its city-wide procurement freeze, exempting life-saving medical supplies from a fourth-quarter spending ban. The bureau had earlier imposed a sweeping restriction on municipal expenditure to enforce fiscal discipline and curb end-of-year budget pressures across public institutions. However, the blanket freeze raised concerns within the health sector, with hospitals warning of shortages in essential supplies. Officials acknowledged that re...


Radar

Lawmakers Warn Contractors Over Cost Overruns, Project Delays

The Standing Committee for Urban, Infrastructure & Transport Affairs of the parliament has urged stricter enforcement of timelines, budgets, and quality standards in public construction projects across the country. The recommendation followed field inspections conducted by the committee at several sites overseen by the Ethiopian Construction Authority(ECA), including developments at the Federal Supreme Court, the Federal Documents Authentication and Registration Service (DARS), the Ethiop...