Business and investment in

Africa

Africa is the 2nd continent on Earth in area with a great amount of natural resources.  There are more than 50 countries with fast growing economies and 1.5 bln population here. Africa today offers big opportunities for business and investment.

GERD provides not only energy, but also fish

 

 

Beyond generating hydroelectric power and serving as a tourist attraction, the Grand Ethiopian Renaissance Dam (GERD) has created employment opportunities through fishery development.

 

According to the Benishangul-Gumuz Region Agriculture Bureau, in the past fiscal year, 10,799 tons of fish were harvested from Lake Nigat, a massive artificial reservoir formed by the Grand Ethiopian Renaissance Dam.

 

Currently, 46 associations are organized in the region, which are actively engaged in fishing on Lake Nigat. Catch volumes this year have doubled the figures for 2017, and local residents who are engaged in fishing have significantly improved their livelihoods, earning good income.

 

ETHIOPIAN NEWS AGENCY