Ethiopia: AACCSA Launches Institute of Directors to Improve Company Governance

The Addis Ababa Chamber of Commerce and Sectorial Associations (AACCSA) has launched the Institute of Directors (IoD) in Ethiopia. The IoD, the first of its kind in Ethiopia, seeks to advance good governance by making effective use of resources, abiding by rules and regulations, promoting openness, and developing capacity.
The Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) is to establish a Corporate Governance Institute, that seek to govern conducts of private businesses in Ethiopia.
The Addis Ababa City Roads Authority (AACRA) has built 255 km of road during the first half of the 2013/14 fiscal year, achieving 54.4% of the total asphalt, gravel and cobblestone roads planned for the fiscal year, Fortune reported.
