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Investing in Ethiopia - Overview
Ethiopia is a diverse, vibrant country that has already achieved macro-economic stability and stands poised for expanded economic growth.
Ethiopia has experienced double digit growth since 2003 and is projected to continue that growth for another two decades. The Ethiopian government has demonstrated a strong commitment to the private sector, which has helped paved the way for the country's remarkable economic progress.
The exchange rate in Ethiopia is stable, and working and living environments are safe and secure. There are numerous, excellent reasons to invest in Ethiopia. For more background information, check out the Ethiopian Investment Guide. If you are interested in doing business in Ethiopia or would like more information, please contact:
Embassy of Ethiopia
Economic and Business Section
3506 International Drive, N.W.
Washington, D.C. 20008
Ethiopia’s footwear industry and its leather sector in general enjoy significant international comparative advantages owing to its abundant and available raw materials, highly disciplined workforce and cheap prices. Ethiopia boasts the largest livestock production in Africa, and the 10th largest in the world. Ethiopia annually produces 2.7 million hides, 8.1 million sheepskins and 7.5 million goatskins. This comparative advantage is further underlined by the fact that the costs of raw hides and skins constitute on average 55-60% of the production of semiprocessed leather. Ethiopia's leather and leather product sector produce a range of products from semi-processed leather in...
