WHY ETHIOPIA? Ethiopia’s economy is among the ten fastest growing economies in the world. With the second largest population in sub - Saharan Africa, Ethiopia’s 86 million people offer both a growing consumer market and a rapidly emerging labor force. More than 80% of the population is currently employed in the agricultural sector. Ethiopia is a growing destination for commercial agribusiness and the Ethiopian government’s agricultural development policy is heavily focused on encouraging private investment in larger - scale commercial farms across the country. Ethiopia’s current major exports include coffee, oil seeds, gold, flowers, pulses, and live animals. Opportunities for foreign investment abound at every stage of the value chain for these and other agricultural products. Ethiopia is a growing market for United States exports, and U.S. products and investments are in high demand. In 2012, the value of U.S. exports to Ethiopia totaled more than $1.2 billion. Thousands of Ethiopian export product lines are eligible for duty - free access to the U.S. market under the Africa Growth and Opportunity Act, providing market opportunities for U.S. companies interested in partnering with Ethiopia firms or developing new investment projects with the goal of exporting products back to the U.S
Posted on: Mon, 29 Jul 2013 17:52:32 +0000
Trending Topics
Recently Viewed Topics
© 2015