Embassy of The Federal Democratic Republic of Ethiopa
in the Republic of South Africa






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Growing economy Abundant & competitive labour force, proximity &access to global markets

 

  • Fastest Growing Economy:

 

ü  Annual GDP growth rate of 11% for the past 12 years

 

  • Africa’s 2nd most populous country:

 

ü  Close to 100 million, & growing at 2.3 million annually

 

ü  Active labour force of more than 45 million

 

  • Geographic and market access advantages:

 

ü  Proximity to Middle East & Asia

 

ü  Duty-free market access to USA& EU through AGOA & EBA

 

ü  Preferential duty treatment to markets such as China ,India<Japan, Canada,& Australia

 

  • Competitive infrastructure& skills development:

 

ü  New electric- driven railway 4-12 hours from industrial parks to Djibouti port

 

ü  Africa’s aviation hub: Ethiopian Airlines serving 93 international destinations

 

ü  Current electricity rate is 3USD cents /kwh: one of the lowest in the world

 

ü  Trainable workforce with competitive wage

 

  • More than 50 Universities with ½ million student population and >1300 technical & vocational schools with annual intake of 1 million