Challenges, opportunities and policy options for effective use to stimulate industrialization. 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. 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. Foreign investment in ethiopia slumps after business attacks. The ethiopian city has created 6,546 jobs during the specific period putting it at the top among middle east and african countries, according to fdi intelligence. Opportunities and potential in ethiopia for production of. Africa is the leading source of tourists to ethiopia at 31%, followed by europe at 30% and north america. Study on dairy investment opportunities in ethiopia, 2008 iv executive summary this paper assesses the development of the dairy sector in ethiopia over the last four decades, with the objectives to.
Ethiopias primary law concerning foreign investment is the investment proclamation. On opportunities and potential in ethiopia for production of. 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. Ethiopia has seen the highest gdp per capita growth on the continent, with a cagr of. This has led to an increase in business opportunities in the country. Ethiopian investment agency 8 3 ethiopias population is large and young with relatively low wages 100% age 0. 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. The study conducted based on the data gathered from four branches of cbe, one district office and head office. For further information read ethiopian investment guide 2015 or visit vestethiopia. 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. The economy of ethiopia is growing stronger with each passing day. For ethiopians living abroad, it is time for you to seize the opportunities in construction and real estate sector and build or buy a property. Box 113 addis ababa, ethiopia in collaboration with.
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. Challenges and prospectus of ethiopian tourism industry. A broad overview of the current investment opportunities. 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. Ethiopias tourist peak seasons range from november to january, and july to august. Public disclosure authorized ethiopia mining sector. Ethiopias resolve to boost the hospitality sector has significantly increased investor confidence. 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. Privilege is given to full repatriate profits, dividends, principal and interest payments on external loan, etc. All this are opportunities of the growth of ethiopian tourism industry. Approval of duty free importation of capital goods for. Ethiopias vision of becoming a middle income country by 2025 is built around economic, social, and environmental pillars ethiopian investment comission 9 1. Kenya is a member of comesa, with 19 countries, 14 of which are in a free trade. 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.
These eight investment opportunities were selected for their readiness. Ethiopian business development services network ebdsn p. Challenges and prospects of private investment in ethiopia. Agriculture investment opportunities in ethiopia 1 agriculture investment opportunities in ethiopia 2 no transcript 3 1. Investment opportunities in the ethiopian aquaculture subsector.
Ppt agriculture investment opportunities in 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. Ethiopia investment policies and incentives and opportunities. The ethiopian diaspora has so far invested more than usd 1 billion in ethiopia.
Investment opportunity in the textile and garment industry. Researchers investigated the challenges and opportunities of adopting eservices in commercial bank of ethiopia. Highlights of investment opportunities and conditions in. Pdf investment opportunities in the ethiopian spices subsector. 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. Trade and foreign direct investment fdi figure in the new plan but less reliance is placed on. 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. Fao investment food and agriculture organization of the united. Keep in mind, however, that each platform only offers. Introduction investment is an act of current spending for expected future return. On opportunities and potential in ethiopia for production. Impact of foreign direct investment on economic growth of. Apr 15, 2019 investment opportunities in ethiopian sugar industry ministry of finance slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising.
A preferred location for foreign direct investment in africa. 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. Overview of ethiopian investment opportunities and policies. Agriculture is the main stay of ethiopias economy providing employment to 85 per cent. Possible interventions on the supply side could be strengthening of raw milk supply, improving milk collection centers, provision of feed, logistics and breed improvement. It expands the productive capacity of a nation and plays a crucial role in the economic growth and development process. Ethiopia once the byword for famine in the region is garnering attention from foreign investors. Foreign agricultural investment country profile ethiopia region subsaharan africa income group low population 84. Addis ababa, the capital city, is an opportunities in ethiopia. Chinese firms in ethiopia heavily rely on imported. Pdf manual well drilling investment opportunity in. Investment proposal in ethiopia pdf felona heavy machinery. Ethiopia has huge investment potentials for agricultural development. For the past five consecutive years the agriculture sector was growing faster with more than 11 average annual growth.
Strategic and tactical issues of ethiopias foreign policy. Highlights of investment opportunities and conditions in ethiopia. Dairy investment opportunities in ethiopia final july 2008. Opportunity for investment in ethiopias hospitality. 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. 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. Dutyfree, quotafree access to the usa and eu markets through agoa and eba.
The project aimed to identify investment opportunities in awm that have high potential to improve the incomes and food security of poor farmers. If yes, here are 50 best small scale business ideas and investment opportunities in ethiopia you can start in 2020. Overview of economic, geographic, social, and political outlook. Investment opportunities in ethiopian sugar industry. But as the second part of our special feature on the country explains, it presents both challenges and opportunities for investors. This last investment option might sound cheesy, but its one of the best investments anyone can make. Ethiopia envisions to become a middle income country by 2025. Public disclosure authorized ethiopia mining sector development.
Investment brochure to ethiopia ethiopia investment commission. Ethiopia is signatory of multilateral investment guarantee agency. Opportunity for investment in ethiopias hospitality sector. The work was undertaken in the african countries of burkina faso, ethiopia, ghana, tanzania and zambia, and in the indian states of. Ethiopia,ethiopian airline the almost the leading airline from africa and to be a member of a star alliance, ethiopia now building the leading african man made dam, lastly ethiopia is one the leading african country that registered heritage by unisco.
Pdf on apr 1, 2017, mulu gebreeyesus and others published foreign direct investment in ethiopia. If you continue browsing the site, you agree to the use of cookies on this website. By investing in yourself, you are improving the biggest asset youll ever have. 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.
Ethiopia is known as a mosaic of people with more than 80 languages, different costumes, cuisines, dances and music. Ethiopias geographic location and its active membership in regional and bilateral trade agreements makes it a desirable investment destination 3. This booklet will inform you about the investment opportunities, priority areas, incentives and market accessibilities. To a certain extent, this is what we are now seeing across africa. The population is expected to increase to 117 million by 2025.
Ethiopia has a variety of touristic heritage among which nine are recognized as world heritage sites by unesco. Investment guide for ethiopia business environment investment policy investment areas incentivesguarantees taxation investment opportunities investment procedures addis ababa, ethiopia january 2004 published by. Investment opportunities in the ethiopian aquaculture sub. The government of ethiopia, important regional and international transport hub. Foreign investment in ethiopia slumps after business. It in particular examines how fdi affects gdp growth, both directly and also conditioning on trade liberalization that ethiopia adopted in early 1990s. 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.
For the past five consecutive years the agriculture sector was growing faster with more than 11. 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. Pdf manual well drilling investment opportunity in ethiopia. Click on each title to view an executive summary of the case study. Theres no doubt ethiopia is on an upward growth trajectory as an emerging source of textiles and clothing.
Zemedeneh negatu on where the biggest business opportunities lie in ethiopia today 25 duration. 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. Strikingly, potential investment opportunities seem to barely travel through formal channels, such as through the investment promotion agency or other government agencies. Snv netherlands development organisation study on dairy investment opportunities in ethiopia, 2008 v consumer. Top 5 opportunities for investment in ethiopia part ii. Ethiopia market opportunitiesethiopia market opportunities overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities. Invest in ethiopia a land of opportunities ethiopian embassy washington d.