HIGHLIGHTS OF INVESTMENT OPPORTUNITIES IN ETHIOPIA

The Ethiopian economy remains vibrant and there are vast opportunities for investment. Below you will find a list of some of the sectors that we believe are appealing to large investors. We are available to assist you with your evaluation of whether these opportunities are the right fit for your company.

  • Telecommunication
  • Sugar Industry
  • Travel and Tourism
  • Industrial Parks

Telecommunication

The Ethiopian Ministry of Finance has started the process of privatizing Ethio Telecom, which reported total revenue of 36.3 billion Ethiopian birr (equivalent to USD $1.27 billion) for its fiscal year that ended in June 2019. The attached link to http://www.mofed.gov.et/documents/ provides additional information.

Sugar Industry

The Ethiopian Ministry of Finance has started the privatization process for the Ethiopian Sugar Corporation, which owns 13 sugar production facilities that are either operational or under construction. The attached guide provides a comprehensive overview of Ethiopia’s sugar industry and the investment opportunities available in the sector.

Travel & Tourism

The World Travel and Tourism Council’s annual review published in March 2019 has ranked Ethiopia’s tourism sector as top in the world for growth in 2018. The sector grew by 48.6% in 2018 from 2017, contributing US$7.4 billion to the economy. The sector accounts for 9.4% of Ethiopia’s overall economy.

Industrial Parks

With infrastructure that is ready for immediate occupancy and a circumscribed regulatory environment, industrial parks may offer the ideal market penetration opportunities for companies seeking a simpler and less capital-intensive approach to investing in frontier markets. Ethiopia’s industrial parks, which used to be clustered in apparel, garment and leather manufacturing, are quickly evolving to include heavy industries, vehicle assembly, paper products, electronics, pharmaceuticals, chemicals, building materials, home appliances, furniture, and food and agro-processing. The attached summary provides an overview of the industrial parks that are operational or will be coming online in the next few years.