Synopsis "INVEST IN ETHIOPIA - Visit Ethiopia - Celso Salles: Invest in Africa Collection"
Ethiopia is an ancient country whose unique cultural heritage, rich history, and remarkable biodiversity are reflected in a tally of nine UNESCO World Heritage Sites - more than any other country in Africa. Within its borders, you'll find the world's fourth-holiest Islamic city, along with the oldest continuously occupied town south of the Sahara. Compelling antiquities include the medieval rock-hewn churches of Lalibela and Gheralta, ruined palaces and temples dating back 3,000 years, the magnificent 17th-century castles of Gondar, and the oldest human fossils unearthed anywhere on the planet. Add to this the beautiful Simien and the Bale Mountains, the spectacular volcanic landscapes of the Danakil Depression, and a wealth of mammals and birds found nowhere else in the world, and it's little wonder that Ethiopia has become the most attractive and popular emergent tourist destination in Africa. Why Invest in Ethiopia? 1. Political and Social Stability 2. Growing Economy 3. Excellent Climate and Fertile Soils 4. Strong Guarantees and Protections 5. Young and Trainable Labor Force 6. Regional Hub with Access to a Wide Market 7. Improved Economic Infrastructure 8. Competitive Incentive Packages 9. Government Commitment STRATEGIC SECTORS: - Agriculture -Textile and Apparel - Leather and Leather Products - Pharmaceuticals - Agro-Processing - ICT - Tourism and Hospitality - Mining - Power Industry - Industrial Parks Official Name: Federal Democratic Republic of Ethiopia (FDRE) Political system: Federal State with multi-party system Capital City: Addis Ababa, seat of the African Union (AU) and United Nations Economic Commission for Africa (ECA) Area: 1.104 million square kilometers Population: Appx. 105 million (2018) Language: Multiethnic state with more than 80 languages and 200 dialects. Amharic is the working language of the federal government, while Oromiffa and Tigrigna are widely spoken. English is taught in schools and is the main business language. Location: Strategically located as a jumping off point in the Horn of Africa, close to the Middle East and Europe markets. Arable land: 513,000 square kilometers (45%) Irrigated land: 34,200 square kilometers (3%) Population density: Appx. 90.5 per square kilometer (2017) Climate: Temperate in the highlands, ranging from 20 C to 30 C (68 F to 86 F) and hot in the lowlands, often reaching 45 C (113 F). Rainfall ranges from 200 mm to 2000 mm. GDP per capita: US$ 846 (2017).
