Why Ethiopia?

arrow-down

-Salaries and skills: Graduates here are inexpensive to hire with the Ethiopian Government and Investment Commission advising on wages and monthly rates. There is also an abundance of Universities (50 in total) and over 1,300 Technical / Vocational Institutes. Quality vs cost is excellent.

-Languages: English is the most widely spoken foreign language and the medium of communication in secondary schools as well as universities. French, German, Spanish and Italian are taught / spoken across a number of international schools and both popular degrees at Addis Ababa University (AAU).

-Growing economy: Ethiopia has been the fastest growing economy in Africa for a number of years (including 2020). Averaging at 10% per annum, it’s a result of the Government’s effort to boost production within manufacturing and services. Companies operating here include Ericsson, Volkswagen, Huawei, Heineken and Pizza Hut.

-Ease of doing business: Government continues to modify policies in favor of foreign investors. Ethiopia is a signatory of Bilateral Investment Promotion & Protection Treaties with 30 countries (including the UK) and has a strong support network of Government-owned and private consultancies. New online company registration platform now in place.

-Location: Addis Ababa is a regional hub and home to key international organisations such as the African Union and UN. Ethiopian Airlines is the largest on the continent and consistently voted best service provider. They currently fly to 16 destinations in Europe and 7 in America.

-Infrastructure: Huge investments over the last decade including roads (33,297 km), railways (5,000 km), airports, energy (solar, hydro) and Industrial Parks (such as the Ethio ICT Vilage in Bole Lemi – 5 work zones over 200 hectares of land with reliable power supply and internet).

-Politics: Government has embraced the privatisation of state-owned businesses such as Ethio Telecom, Ethiopian Electric Power, the Shipping/Logistics Enterprise, Ethiopian Airlines and Sugar Corporation. Prime Minister Abiy Ahmed openly describes his economic / political agenda as “capitalism” and the country fully supports FDI.

-Tax: Registering and filing returns have been made consistently easier to do and can now be completed electronically. Government organisations such as the Ethiopian Investment Commission and private advisory firms like Grant Thornton or Healy Consultants are on hand to ensure payments are minimized and made timely.

-Culture: As the only African country to stay independent from colonial rule there is a sense of pride and ambition here like nowhere else on the continent. Ethiopia has a rich and vibrant culture spanning thousands of years – they were advanced traders / merchants while other nations remained reliant on subsistence farming and had tribal communities.