Investing and Setting up a Business in Ethiopia
Where is Ethiopia located?
Ethiopia is strategically located in the Horn of Africa. Its proximity to the Middle East and Europe, together with its easy access to the major ports of the region, enhances its international trade. It is bordered by the Sudan in the west, Somalia and Djibouti in the east, Eritrea in the north and Kenya in the south.
- Capital
- Addis Ababa
- Currency
- The Ethiopian Birr (ETB)
- Area
- 1,112,000 km²
Features:
Ethiopia is one of the fastest growing economy and the second-most populous nation in Africa.
Ethiopia’s economy is diversified and in transition, with a large public sector. The Ethiopian government is transitioning to a market economy by privatization numerous state-owned enterprises. The country is home to more than 80 different ethnic groups and to many languages.
For more information about Doing Business in Ethiopia, please visit
https://www.kreston.com/doing-business-in/ethiopia/