Ethiopia, because of its accelerated economic growth, relative political stability and pivotal role within the au, is a much respected and preferred country for foreign direct investment fdi, and political and diplomatic influence. Ethiopia has huge investment potentials for agricultural development. Ethiopia is signatory of multilateral investment guarantee agency. Fruit and vegetable investment opportunities in ethiopia the government of ethiopia, in recognition of the role of the private sector in the economy, has revised the investment law over three times for the last twenty years to make it more transparent, attractive and competitive. Aug 15, 20 moreover, investment capital goods imported without the payment of custom duties and other taxes levied on imports may be transferred to another investor enjoying similar privileges. Investment opportunities in the ethiopian aquaculture subsector.
The economy of ethiopia is growing stronger with each passing day. Overview of economic, geographic, social, and political outlook. Strategic and tactical issues of ethiopias foreign policy. Foreign direct investment in ethiopia dropped by a fifth in the first half of the countrys fiscal year after violent antigovernment protests in which foreignowned businesses were targeted. Ethiopias vision of becoming a middle income country by 2025 is built around economic, social, and environmental pillars ethiopian investment comission 9 1. Ethiopia envisions to become a middle income country by 2025. Highlights of investment opportunities and conditions in. All this are opportunities of the growth of ethiopian tourism industry. Box 113 addis ababa, ethiopia in collaboration with. Public disclosure authorized ethiopia mining sector. The work was undertaken in the african countries of burkina faso, ethiopia, ghana, tanzania and zambia, and in the indian states of. Investment guide for ethiopia business environment investment policy investment areas incentivesguarantees taxation investment opportunities investment procedures addis ababa, ethiopia january 2004 published by.
For further information read ethiopian investment guide 2015 or visit vestethiopia. By investing in yourself, you are improving the biggest asset youll ever have. The project aimed to identify investment opportunities in awm that have high potential to improve the incomes and food security of poor farmers. Spare parts worth up to 15% of the total value of the imported investment capital goods, provided that the goods are also exempted from the payment of customs duties. Invest in ethiopia a land of opportunities ethiopian embassy washington d. Background and context industry background although ethiopias garments industry has been identified as a key growth industry since 1995,9 its performance was lackluster until the implementation of the gtp in 2015. Chinese firms in ethiopia heavily rely on imported. We have investment proposal in ethiopia pdf,the development bank of ethiopia is a specialized financial institution established to promote the national development agenda through development finance and close technical support to viable projects from the priority areas of the government by mobilizing fund from domestic and foreign sources while ensuring its sustainability. Overview of ethiopian investment opportunities and policies.
Challenges and prospectus of ethiopian tourism industry. Investment opportunities in the ethiopian aquaculture sub. A preferred location for foreign direct investment in africa. A broad overview of the current investment opportunities. Feb 15, 2017 foreign direct investment in ethiopia dropped by a fifth in the first half of the countrys fiscal year after violent antigovernment protests in which foreignowned businesses were targeted. It expands the productive capacity of a nation and plays a crucial role in the economic growth and development process. Zemedeneh negatu on where the biggest business opportunities lie in ethiopia today 25 duration. In part i of top 5 opportunities for investment in ethiopia, i recommended financial services, telecoms, and heavy constructions as sectors that investors should look into.
Ethiopia investment policies and incentives and opportunities. Ethiopia market opportunitiesethiopia market opportunities overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities. If yes, here are 50 best small scale business ideas and investment opportunities in ethiopia you can start in 2020. Ethiopia investment policies and incentives and opportunities unido. We have compiled for you a list of the top 50 business ideas that you could consider to make the most of the present economic boom. Ethiopian investment agency 8 3 ethiopias population is large and young with relatively low wages 100% age 0. September 19, 2017 ethiopias southern city, hawassa, has become top in terms of creating jobs from foreign direct investment in the first half of 2017, fdi intelligence reveals. Ethiopia has seen the highest gdp per capita growth on the continent, with a cagr of. Huge investment potential in renewable energy including hyrdo, wind and. Agriculture is the main stay of ethiopias economy providing employment to 85 per cent.
Ethiopian business development services network ebdsn p. Theres no doubt ethiopia is on an upward growth trajectory as an emerging source of textiles and clothing. Pdf manual well drilling investment opportunity in. Promoting the countrys investment opportunities and conditions to foreign and domestic. Ethiopias primary law concerning foreign investment is the investment proclamation. Opportunities and potential in ethiopia for production of. Click on each title to view an executive summary of the case study. Pdf investment opportunities in the ethiopian spices subsector.
Privilege is given to full repatriate profits, dividends, principal and interest payments on external loan, etc. Ethiopias resolve to boost the hospitality sector has significantly increased investor confidence. Areas of investment opportunities and incentives setting up an investment operating an investment factors at a glance legal and institutional framework annexes 3 5 6 18 22 23 28 32 1 an investment guide to ethiopia. This page contains a guide to the existing investment proclamations and regulations. Challenges, opportunities and policy options for effective use to stimulate industrialization. Trade and foreign direct investment fdi figure in the new plan but less reliance is placed on. Researchers investigated the challenges and opportunities of adopting eservices in commercial bank of ethiopia.
Ethiopia is a member of multilateral investment guarantee agency miga which issues guarantees against risks to entrepreneurs that invest in signatory countries, ethiopia has signed bilateral investment promotion and protection agreements as well as avoidance of double taxation with many countries including india. The atas private sector in agriculture team, through support from usaids investment support program and dalberg global development advisors, has developed detailed analyses on ten promising agribusiness investment opportunities summarized below. Ethiopias geographic location and its active membership in regional and bilateral trade agreements makes it a desirable investment destination 3. Introduction investment is an act of current spending for expected future return. For the past five consecutive years the agriculture sector was growing faster with more than 11 average annual growth. Pdf on nov 5, 2015, sjoerd herms and others published investment opportunities in the ethiopian spices subsector find, read and cite all the research you need on researchgate. On opportunities and potential in ethiopia for production. This booklet will inform you about the investment opportunities, priority areas, incentives and market accessibilities. It in particular examines how fdi affects gdp growth, both directly and also conditioning on trade liberalization that ethiopia adopted in early 1990s. This paper measures the impact of foreign direct investment fdi on economic growth in ethiopia based on annual time series data over the period 1974 to 2011.
For the past five consecutive years the agriculture sector was growing faster with more than 11. Africa is the leading source of tourists to ethiopia at 31%, followed by europe at 30% and north america. Highlights of investment opportunities and conditions in ethiopia. Invest in ethiopia a land of opportunities youtube.
Challenges and prospects of private investment in ethiopia. Ppt agriculture investment opportunities in ethiopia. The work was undertaken in the african countries of burkina faso, ethiopia, ghana, tanzania and zambia, and in the indian states of madhya pradesh and west bengal. The ethiopian diaspora has so far invested more than usd 1 billion in ethiopia.
Keep in mind, however, that each platform only offers. Investment opportunity in the textile and garment industry. Investment brochure to ethiopia ethiopia investment commission. Foreign investment in ethiopia slumps after business attacks.
Top 5 opportunities for investment in ethiopia part ii. To a certain extent, this is what we are now seeing across africa. Investment proposal in ethiopia pdf felona heavy machinery. Kenya is a member of comesa, with 19 countries, 14 of which are in a free trade. The africa investment report 2016 letter from the editor 1 letter from the editor in markets as in nature, what goes up must come down. Investment opportunities in ethiopian sugar industry. Pdf investment opportunities in the ethiopian spices sub.
After the breakneck growth rates that characterised much of of the regions first decade in the 21st century, we are. This last investment option might sound cheesy, but its one of the best investments anyone can make. Possible interventions on the supply side could be strengthening of raw milk supply, improving milk collection centers, provision of feed, logistics and breed improvement. Strikingly, potential investment opportunities seem to barely travel through formal channels, such as through the investment promotion agency or other government agencies. Ethiopia once the byword for famine in the region is garnering attention from foreign investors. Fao investment food and agriculture organization of the united. Addis ababa, the capital city, is an opportunities in ethiopia. These eight investment opportunities were selected for their readiness. This has led to an increase in business opportunities in the country. Foreign agricultural investment country profile ethiopia region subsaharan africa income group low population 84.