Investment Climate in Ethiopia
Nowadays we hear the words “Investment”, “Investor”, and “Foreign direct investment (FDI)” more often than ever before, and rightly so as it is the backbone of any country’s economy, especially a developing one like ours. So, then what is an investment? How does it impact the economy? What are the challenges investors experience? How can we alleviate these challenges?
Economic growth within a country or nation is linked to investments. Therefore, it goes without saying that Investment is critical to a country’s economic development as it is the primary source of job creation and the primary driver of economic growth. Increased investment leads to an increase in Gross Domestic Product (GDP) and National Revenue. Investment promotes economic prosperity and overall well-being.
However, for investment to boom in a country, it needs a suitable and conducive environment. One of the most important preconditions to attract investment is peace. For investors, both local and foreign, to believe they will have a profitable investment they need to trust and depend on the peace & security status of the country.
Other challenges include government office bureaucracy, and the lack of proper utilities such as roads, water, and electricity. Access to finance (foreign exchange), however, seems to be the biggest struggle for investors, especially the local ones.
- What are the current investment opportunities in Ethiopia?
- What kind of incentives are being provided to investors to increase investment?
- How does the newly implemented Franco-Valuta affect the investment climate? What are the implications?
- What types of tax incentives are available for local and foreign investors?
- With the current deteriorating peace and security status of the country, what measures are been taken by the ministry to protect the investment sector?
- How does the high inflation rate of our country affect investment?
- What aree some of the incentives for indigenous business to encourage business expansion?
- What areas are viable for investing in times of uncertainty?
AWiB will be inviting Experts from Ministry of Trade, Ministry of Revenue and Investment Commission to discuss the latest development, trends and preparation to ease the current investment climate both imagined and real.
- Operational leadership roles including general management and strategic planning for family
- founded corporation with managed assets of $30 million
- Guided initiatives involving process improvement, staff development and manufacturing and
- operational efficiency
- Championed system design and implementation for market reducing costs, improving
- efficiencies, and enhancing competitive strength
- Successfully involved, managed acquisition transition and integration phases
Date:Thu., June 2, 2022
Venue:The Hilton Hotel
Time:5:30 PM-8:30 PM program (No seats available after 6:00 PM)
RSVP:at email@example.com; text at 0947-350259
Investment:400 Birr members; 600 Birr non-members; Complimentary to executive & FCBC members
Note:This program is in Amharic.
Members’ benefits: free table to exhibit products and/or services to up to 120 guests with discriminating tastes.
- Daniel Dendir Abshir
- Ewnetu Hailu Tamene, (PhD)
- Nebiyou Samuel Daka
- Salahadin Khalifa