Ethiopia
eBizguides Ethiopia
A growing fast country
Le guiaré a lugares increíbles
The concept of eBizguides
eBizguides aims to provide on-the-ground information about the country economic performance, the main investment opportunities and acute business intelligence research about who are the leaders and influencers of the country and which are the top 100 companies. All you need to know about doing business in a country and in a unique publication that also includes a small tourism guide. eBizguides are the world's leading business intelligence guidebooks. Click to read more.
Economic Progress
Ethiopia has managed to join the ranks of the fastest economies in the world over the last number of years, thanks to the sound economic policy and strategy that was put in place. It is also clear that its economic progress is more of an all-round economic growth rather than unidirectional development. Though its economic development is agriculture-led industrialization, it has created fertile ground for the development of export-led industrialization. Generally, the overall economic growth of the country has been highly associated with the performance of the agriculture sector. Coffee is critical to the Ethiopian economy. Other important export products include oil seeds, pulses, leather and leather products, meat and meat products, fruits and vegetables, livestock,
flowers and gold.
flowers and gold.
Social Development
Ethiopia’s long term vision and sustaining the rapid, broad-based and equitable economic growth anchored on the experiences that have been drawn from implementing pro-growth development policies and strategies undertaken. The main objective of the Ethiopian Development program is to ensure broad-based, fast, fair and sustainable economic growth and social development while reducing poverty.
Economy
Investment climate
Ethiopia has a large population and thus potentially one of the largest domestic markets in Africa. Beyond the domestic market, by virtue of its membership of the Common Market for Eastern and Southern Africa (COMESA) embracing 19 countries with a population of 400 million, Ethiopia enjoys preferential market access to these countries. Ethiopia’s proximity to the Middle East also offers potential market opportunities. The country also qualifies for preferential access to the European Union market under the EU’s Everything-But-Arms (EBA) initiative and to USA markets under the African Growth and Opportunities Act (AGOA) and the Generalized System of Preference (GSP). Thus, most Ethiopian products can enter into these markets quota and duty free. Furthermore, a broad range of manufactured goods from Ethiopia are entitled to preferential access under the Generalized System of Preference (GSP) in USA, most countries of the EU and other developed countries. No quota restrictions are placed on Ethiopian exports falling under the 4,800 products currently eligible for GSPtreatment.
Partner Companies
Ethiopia
Home to a rich and diverse cultural canvas and the genuine cradle of civilization, Ethiopia is a modern and ambitious country that still manages to retain its natural charm and fascination. With its population of some 90 million and dream strategic location, Ethiopia is poised to make its next important step in industrial and economic development.
This was the cradle of humankind, where humans first began to walk upright, as evidenced by their celebrated ancestors Lucy, Selam and Ardi, who originated in this land and are believed to be the ancestors of everyone on planet Earth. In Ethiopia you will be walking on the footprints of your ancestors.
