WHY ETHIOPIA

Fastest growing economy in the world with annual GDP of 11%. Large amount of irrigable land. Enormous quantity of water and mineral deposits. Highly developing infrastructure and logistics. Pro investment government; Politically stable and secure; Macro-economic stability; Regional and international market opportunities; Competitive investment incentive packages; Investment guarantees and protection; Exceptional climate; and Competent and trainable cost efficient labor by African st…

POLITICAL STABILITY

Ethiopia is considered as one of the most stable countries in Africa. The Constitution of the country, adopted in 1995, provides for a multi-party political system. Elections are held by universal suffrage every five years. The FDRE has a parliamentarian form of government with a bicameral parliament which comprises the House of the Peoples’ Representatives (HPR) and the House of the Federation (HoF). The House of the Peoples’ Representatives is the highest authority of the Federal Governm…

LABOUR MARKET

TRAINABLE LABOUR • Ethiopia has a young, trainable and disciplined labour force. • Private universities and colleges flourishing in Addis Ababa and regional cities. • Over 30,000 university graduates per year, including business, management, economics, accounting, law and engineering graduates. • Ample opportunity to meet the demand of skilled manpower in the technical and vocational field due to the expansion of Technical and Vocational Education and Training (TVET) college. • Average priv…

ECONOMIC ENVIRONMENT

1. STABLE ECONOMIC ENVIRONMENT • Comprehensive development strategy resulting in strong economic growth. • Stable macro-economic condition. • Double digit economic growth averaging 11% per annum in the past 7 years. • Generally, inflation managed at a single digit figure. • Stable exchange rate. • Government commitment to private sector. • Safe and secure working and living environment, identified by the UN and the International Chamber of Commerce (ICC) as a key asset for investors in Et…