Your opportunities in Africa’s second-largest market

With a population over 125 million people, Ethiopia is Africa’s second most populous country, boasting a significant domestic market. The nation has witnessed remarkable socio-economic development in recent years. Since the start of the millennium, Ethiopia has made substantial strides toward industrialization, reflected in some of the world's highest economic growth figures. Several factors like the COVID-19 pandemic, political conflicts and the war in Ukraine have led to economic difficulties. In order to address these, the Ethiopian government is making intense efforts to transform Ethiopia into a market-based economy.

One of the Ethiopian government’s key objectives is the structural transformation of the economy from agriculture to industry. In order to realize this, it is actively promoting the growth of SMEs and industrial parks. Additionally, foreign investment is expected to rise alongside increasing exports of goods and services.

Regardless of which sector you operate in, we can help you identify and overcome investment obstacles and harness the promising investment opportunities that exist in Ethiopia. We offer a tailor-made package of advice, contacts and financial support. More information about our broad range of offerings is available here.

In cooperation with our Ethiopian partners, we are developing attractive business locations, including industrial and business parks, and taking targeted measures to promote growth sectors. In Ethiopia, these are the agriculture and food sector. Agriculture accounts for more than 30 per cent of Ethiopia’s gross domestic product (GDP) and continues to be one of the country’s most attractive investment sectors. However, our activities are not limited to these sectors. Are you a small or medium-sized Ethiopian enterprise? We can help you enhance your competitiveness or tap into new markets.

You can find further detailed information about Ethiopia and the country’s current economic data here:

per cent
economic growth (2023) *estimated value

per cent
of gross domestic product derives from export of goods and services (2024)

per cent
of parliament seats held by women (2021)

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Harness the great investment opportunities that Ethiopia offers. Our experts will be happy to advise you.

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This is how Invest for Jobs supported companies in Ethiopia during the Covid-19 pandemic

Since the beginning of the coronavirus pandemic, Invest for Jobs has supported local businesses with economic stabilisation measures. The aim was to preserve jobs and secure investment for the time being. To achieve this, Invest for Jobs engaged in close dialogue with local partners. These measures contributed to maintaining the positive trends in the economic development in Ethiopia throughout the pandemic.