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.
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
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.
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.
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.