Why Invest in Ethiopia
Ethiopia Value Proposition- Why Invest in Ethiopia
- 120 million population, ~21% living in urban cities, Productive labor force with more than 60% of its population between the ages of 15 – 65.
- The largest economy in East Africa and 3rd largest in SSA —GDP reached $156.08 Billion in 2023
- The third fastest growing economy of the millennium—11.4 % av. growth since 2011
- Top/favorable FDI destination in East Africa—USD 4.3 billion in 2021
- Competitive & skilled labor force, more than 300,000 universities and 367,000 TVET graduates join the labor market every year
- Strong Air connectivity being the leading airline & largest cargo network and terminal in Africa with more than 134 International & 23 local destinations and more than 66 Cargo flights, member of Star Alliance, its slogan The New Spirit of Africa
- Strong railway connectivity from Addis Ababa to Djibouti 784 KM (Connects Modjo dry port city 70 km from the capital city), cargo trains operating with capacity of 35K – 40K tons of cargo/freight per day
- Road: All-weather roads currently expanding to all corridors nation-wide
- Low-cost green electricity rate at 0.023 USD cents/KWH
