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Why Ethiopia

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WHY ETHIOPIA

Fast-Growing end Dynamic Economy

With a GDP rate of growth of 6.3% in FY2020/21 we are the fastest growing economy in Africa and for the past 15 years our economy has been among the fastest growing in the world with an average annual growth rate of 15% (*).

We are one of the top five host economies of foreign direct investment in Africa

One of the pillars of our remarkable economic growth is the stable and conducive macroeconomic environment.

We have an ambitious plan to become a middle-income country by 2025, and the government led by Prime Minister Abiy Ahmed announced its Homegrown Economic Reform Plan in 2019, backed by a $3bn three-year programmeapproved by the International Monetary Fund.

Source: World Bank

Source://data.worldbank.org/country/ethiopia

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