Ethiopia

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Welcome to Ethiopia

Ethiopia is a gateway to Africa, and Addis Ababa, the capital city, is where both the African Union – AU and the United Nations Economic Commission for Africa – UNECA are headquartered.

Industrial

Addis Ababa

Addis Ababa is referred to as the “Political Capital of Africa” due to its historical, diplomatic, and political significance for Africa. Addis Ababa is known not only for its high concentration of Embassies but also for hosting several other continental, regional and international organizations.

Overview

Investment

Investment in Ethiopia is facilitated by the Ethiopian Investment Commission, which exists to enhance foreign and local investment by promoting resource potentials and investment opportunities. The Investment Commission is mandated to initiating policy and implementation measures to create conducive investment climate and providing efficient services to investors so as to bring fast and sustainable economic development in the country.

Growth & Transformation Plan

GTP

Guided by its Growth and Transformation Plan – GTP, Ethiopia aims to reach a Middle-Income status by 2025 through domestic development activities and multi-sector foreign direct investment ventures. The implementation of GTP continues to accelerate the expansion of physical infrastructure through public investments seeking to transform Ethiopia into a manufacturing hub.

In line with the industrialization policy & the manufacturing strategy, the country’s industrial sector is set to
expand by20% creating more jobs.

Invest Ethiopia

Additional information

Statistical Info

Ethiopia’s geographic location added to the Ethiopian Airlines, Member of Star Alliance, which flies to   over 110 world cities, gives it strategic dominance as a jumping off point to Africa and the whole World.  With the population of over 100 million, Ethiopia is the 2nd most populous country in Africa.

Labour Statistics

Manpower

The young productive population with median age of 19, its land area of 1.14 million km2, the untapped natural resources, its highly favorable weather, its fastest growing economy and the government’s unrelenting effort to enhance the ease of doing business makes the country auspicious investment destination of our time.

Invest Ethiopia