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Market Intelligence

Why Invest in Ethiopia?

Ethiopia is the oldest independent country in Africa, and is among the most stable countries in the region. The 2012 peaceful transition of power to a new Prime Minister has proven the stability of Ethiopia’s multi-party political system and parliamentarian form of government.

  • Political and Social Stability
  • Growing Economy
  • Excellent Climate and Fertile Soils
  • Strong Guarantees and Protections
  • Young and Trainable Labor Force
  • Regional Hub with Access to a Wide Market
  • Improved Economic Infrastructure
  • Competitive Incentive Packages
  • Government Commitment

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Ethiopia Economic Outlook

Real GDP growth slowed to an estimated 7.4% in 2019 from 7.7% in 2018, caused by social unrest and fiscal consolidation to stabilize the public debt. On the supply side, industry and services continued to lead growth in 2019. Industry was driven by construction, notably for industrial parks and infrastructure investments. Structural transformation is under way but needs to accelerate. While agriculture’s share in GDP has fallen, the sector still employs more than 70% of Ethiopia’s workforce.

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Dubai Chamber of Commerce Reports:

Dubai Chamber of Commerce Annual Report

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Dubai – Ethiopia Economic Synergies 2015

The aim of this report is to look at the current status of the bilateral economic cooperation between Dubai and Ethiopia and the prospect economic synergies that may arise in the future given their respective competitive advantage and global competitiveness.


Business Opportunities for UAE Traders in Sub Saharan Africa Region Based on RCA 2018

Finding potential new markets and potential export/re-export products is an important exercise for UAE traders. In this regard, it is important to understand which product groups could have competitive advantage for UAE businesses in the growing economies in regions such as Sub-Saharan Africa. The analysis highlighted several prospective product groups with high RCA values in 2016 (i.e. RCA value exceeding one) such as zinc and articles, copper and articles, carpets/floor coverings, electrical machinery, tools, implements and cutlery and vehicles, among other products. The top countries with the greatest intensity of RCAs across the various export and re-export trades included Cameroon, Ethiopia, Seychelles and Tanzania.