Message from the Ambassador
I am very pleased you are considering Ethiopia as a destination for your business. With annual economic growth rates between 7-11 percent over the past several years, Ethiopia is poised to become the world's third fastest growing economy by 2015. Coupled with Ethiopia's rank as the second most populous nation - and second largest potential consumer market - in sub-Saharan Africa, Ethiopia presents increasing opportunities for mutually beneficial economic engagement.
Why do business in Ethiopia?
- High GDP growth rates
- Projected to become one of the fastest growing economies worldwide
- Long-term land leases
- Low labor and raw material costs
- Ethiopia's Growth and Transformation Plan offers unique business opportunities
As Ambassador, a key component of my job is to work with the American business community to support President Obama's job-creating efforts by helping to increase bilateral investment between the United States and Ethiopia and by helping to double American exports by 2015. My Economic/Commercial team and I are working actively to promote deeper bilateral business, investment, and trade linkages with Ethiopia, and we would be more than happy to assist you with any questions you may have.
Donald E. Booth