Transcription of AN INVESTMENT GUIDE TO ETHIOPIA
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ETHIOPIA A Preferred INVESTMENT Destination in AfricaAN INVESTMENT GUIDE TO ETHIOPIA BCONTENTSE thiopia at a glanceWhy invest in ETHIOPIA ?Areas of INVESTMENT opportunities and incentivesSetting up an investmentOperating an investmentFactors at a glanceLegal and Institutional FrameworkAnnexes35618222328321An INVESTMENT GUIDE to Ethiopia2 Currency: Ethiopian Birr (ETB)Geo-specific information: Country Code: +251 Time Zone: GMT+3 Official Name: Federal Democratic Republic of EthiopiaPolitical system: Federal State with a multi-party systemCapital City: Addis Ababa, seat of the African Union (AU) and United Nations economic Commission for africa (UNECA)Location: Horn of africa , at the crossroads between africa , the Middle East and AsiaArea: million square kilometresPopulation: 2nd most populous country in africa with a population size of over 100 millionLanguage: Working Federal language - Amharic, English is widely spokenExports: Leading exports.
Economic Prospects). • Stable and conducive macroeconomic environment. • Implementing phase II of its Growth and Transformation Plan (GTP II) which aims to realize a structural transformation of the economy. • 46% growth in FDI inflow– one of the most dynamic and largest FDI recipients in Africa (UNCTAD World Investment Report, 2017).
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