Major Investment Areas in Ethiopia

Ethiopia: Investment related facts

  • Very good climate
  • A wide range of cereals, pulses, oil seeds, cash crops, fruits and vegetables can grow
  • Very good climate for flower farms
  • High Livestock potential: One of the first ranking countries in Africa and is among the top ten countries in the world
  • Favorable Investment Policies
  • Major manufacturing opportunities, as the country’s manufacturing potential remains untapped
  • With population estimated to be around 80 millions, there can be a huge potential for marketing the goods in the country itself

Investment Opportunities in Ethiopia

Agriculture and Agro-industrial Processing

It is clear that agriculture is the backbone of the Ethiopian economy. Ethiopia grows all types of cereals, fibber crops, oil seeds, coffee, tea, flowers, fruits, and vegetables since it is endowed a with wide ranging agro-ecological zones and diversified resources. Therefore, Ethiopia offers opportunities to invest on food crops, beverage crops and cotton. Among the various agricultural and agro-industrial sectors, the following are the main ones:

  • Coffee and Tea
  • Fruits and vegetables
  • Flowers
  • Livestock and poultry
  • Pulses
  • Oil Seeds

Manufacturing

  • Leather and leather products
  • Textiles and textile products and garments
  • Building materials (steel, cement, etc)
  • Food and beverage industries, including breweries, starch and glucose compel, baby food unit, etc
  • Automotive industry, including production of components and spare parts (a good example is Holland Car that assembles ABAY brand cars)

Mining

Ethiopia also offers an excellent opportunity to invest in mining. According to the Ministry of Mines, http://www.mom.gov.et/, Ethiopia has a great potential in mining in general, and gold in particular. Ethiopia has also a good potential in deposits of tantalum, platinum, nickel, potash and soda ash. In addition, marble, granite, limestone, clay, gypsum, gemstone, iron ore, coal, copper etc are found in Ethiopia. The Ogaden, the Gambella, the Blue Nile and the Southern Rift Valley sedimentary basins also offer significant opportunities for oil and natural.

Tourism

As per the information provided by the Ministry of Culture and Tourism, http://www.toursimethiopia.org/, the Country is endowed with various tourist attractions having natural, historical and cultural attractions. For instance, the Country has a land of natural contrasts, from the tops of the rugged Semein Mountains to the depths of the Danakil Depression, at 120 meters below sea level of the lowest dry land points on earth. It is a country of great antiquities, cultures and traditions.

Services:

  • Large scale construction
  • Construction and management of international hotels and resort facilities (many such international hotels and resorts are being constructed in almost every parts of the country and there is still a huge need.)

Exchange Rates

Selling Buying
USD US 23.8331  23.3658 
EUR EU 28.3543  27.7983 
GBP UK 32.1128  31.4831 
CAD CA 19.2763  18.8983 
CHF CHE 24.4617  23.9821 
AED UAE 6.4882  6.361