Doing Business in Ethiopia
EENI - Business School.
Subject (Course): International Trade and Business in Ethiopia. Addis Ababa.
- Introduction to the Federal Democratic Republic of Ethiopia (East Africa).
- Ethiopian Economy.
- International Trade of Ethiopia.
- Doing Business in Addis Ababa.
- Case Study:
- Ethiopian Telecommunications Corp
- ZTE (China)
- Sheikh Mohammed Hussein
- Mimi Alemayehou
- Business Opportunities:
- Foreign Direct Investment (FDI) in Ethiopia.
- Access to the Ethiopian Market
- Business Plan for Ethiopia
Objectives of the subject “Doing Business in the Federal
Democratic Republic of Ethiopia”:
- To analyse the Ethiopian economy and foreign trade
- To evaluate business opportunities in the Federal Democratic Republic of Ethiopia
- To explore Ethiopia's trade relations with the student's country
- To know Ethiopia's Free Trade Agreements (FTAs)
- To examine the profile of Ethiopian businesspeople and companies
- To develop a business plan for the Ethiopian Market
Sample of the subject - Doing Business in Ethiopia:
Subject Description (Doing Business in Ethiopia).
Ethiopia: headquarters of the African Union and the Economic
Commission for Africa.
African frontier market. Landlocked country.
- The Federal Democratic Republic of Ethiopia is advantageously situated in the Horn of Africa.
- Ethiopia is one of the oldest nations in the World.
- Kingdom of Aksum (Ethiopia and Eritrea) was one of the first Christian countries in the World, having officially adopted Christianity
as the state religion in the 4th century.
- The Federal Democratic Republic of Ethiopia is one of the biggest regional markets in Africa with 94 millions of people (84% of the population lives in rural areas).
- The main ethnic groups: Oromo and Amhara.
- Amharic is the official working language.
- Borders of Ethiopia: Djibouti, Somalia, Kenya, Eritrea, South Sudan, and Sudan.
- Abolition of slavery in Ethiopia: 1924
Religions of the Federal Democratic Republic of Ethiopia:
- Orthodox Christian (63% of the population)
- Sunni Islam (34%).
- Islamic courts have jurisdiction in cases of marriage, divorce, guardianship of minor (only if both parties are Muslims).
Ethiopia belongs to the East African Economic Area of the African Civilisation.
- Ethiopia is a frontier market.
- The Federal Democratic Republic of Ethiopia is richly gifted with immense human resources, arable land, and natural resources (gold, platinum, marble, tantalite, copper, potash, soda ash, zinc, nickel, iron, and natural gas;
much of it yet to be exploited)
- Ethiopia is a fast growing market with a yearly increase in purchasing
power of consumers -GDP growth: 9.7% (2012/13)-, which made Ethiopia as one of the leading African economies.
- Ethiopian economy remains firmly dependent on agriculture (50% of the gross domestic product).
- Coffee exports account for 65% of foreign exchange earnings (processed hides and skins are the second).
- The main economic activities in Addis Ababa: steel products; leather products, textiles, cement, tires, blankets, food, and beverages.
Foreign direct investment.
- The Federal Democratic Republic of Ethiopia has untapped resources and a
friendly foreign direct investment code.
- The main opportunities for investment: cut flower, garment, and meat processing
- The Ethiopian Investment Agency is the governmental body
responsible for promoting
foreign direct investment (FDI) in Ethiopia.
Ethiopia's Preferential Access and Trade Agreements:
- Ethiopia is a member of the Common Market for Eastern and Southern Africa (COMESA) and the Intergovernmental Authority on Development (IGAD)
- Under the African Growth and Opportunity Act (AGOA), Ethiopia
has preferential access to the United States market.
- Ethiopia is a beneficiary of the Generalised System of Preferences (European Union)/Cotonou Agreement
- COMESA-EAC-SADC Tripartite Agreement
African Highways Networks:
- Cairo-Gaborone Corridor
- N’Djamena-Djibouti Corridor
The nearest ports:
- Port of Djibouti:
the main foreign trade port of Ethiopia. Rail and road links.
- Port of Mombasa
- Port Sudan
Ethiopia is a member of:
- African Union and the United Nations Economic Commission for Africa are in
- Nile Basin Initiative
- African Development Bank
- New Partnership for Africa's Development (NEPAD)
- Forum Africa (Ethiopia) China
- Forum Africa (Ethiopia) India
- Africa (Ethiopia) - South America Summit
The Ethiopian Telecommunications corporation provides world-class telecommunications services including basic telephony, mobile and the Internet. The company is the sole telecommunication service provider in the Federal Democratic Republic of Ethiopia.