Nearly two-thirds of the population of sub-Saharan Africa does not have access to electricity, and service is often unreliable for those who do. The Obama administration has pledged $7 billion to fund infrastructure projects in several African nations. As more companies look at locating in these developing countries, we consider the value of U.S. infrastructure investments.
Zemedeneh Negatu On U.S. Investment In African Infrastructure
During our visit to Ethiopia, Kojo interviewed Zemedeneh Negatu, managing partner for Ernst & Young in Ethiopia and head of transaction advisory services for Eastern Africa. Zem, as he's called for short, still maintains a home in the Washington region, even though he has returned to Ethiopia to work for EY. He talks about what EY does in Addis Ababa, from managing transactions by international investors to advising Ethiopians on setting up companies. Zem also explains why he encourages members of the American diaspora community to come to Addis and invest their talent in Ethiopia's economy.
Construction Projects Thrive In Addis Ababa