Ethiopia: Investment opportunities and challenges
This week we travel to to the horn of Africa for a closer look at the investment opportunities and challenges in the East African nation of Ethiopia. With a population of close to 82-million, Ethiopia is the second most populous country in sub-Saharan Africa and the most populous land-locked country in the world.
Its capital, Addis Ababa, serves as the headquarters for both the African Union and the United Nations Economic Commission for Africa. Ethiopia has faced numerous hardships throughout its history.
Fast growing economy
The country has experienced periodic droughts and famines that led to a long civil conflict with Eritrea. Ethiopia is one of Africa’s poorest states with almost two thirds of its people illiterate.
The country is, however, regarded as one of the fastest growing non-oil economies in Africa and is expected to be one of the world’s fastest growing economies by 2012.
Joining ABN’s Bronwyn Nielsen in-studio with their views on Ethiopia as an investment destination:
- Martyn Davies, CEO of Frontier Advisory
- John Gachora, Head of Corporate Banking at Barclays Africa
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