Investing in Ethiopia

How the embassy’s Economic and Business Section can help, and where to find investment information.

How the embassy can help

The embassy’s Economic and Business Section answers questions from people who want to do business in Ethiopia.

Business and investment enquiries.
For people of Ethiopian origin: opening an Ethiopian bank account, duty-free rules for investors, and the Origin ID (Yellow Card).

The embassy’s pages give two different phone numbers for this section.

Economic stability and a stable exchange rate.
A large, young workforce.
Low-cost renewable electricity.
A strategic location in the Horn of Africa.
Foreign investors can own 100% of a business and send profits home, and lease land for up to 99 years.

These points come from pages dated 2020 and earlier. Check current rules with the Ethiopian Investment Commission.

The embassy’s page lists more sector presentations from 2020 and 2021; they are kept on web.archive.org, not on the embassy’s own site.