focus africa
Focus : Africa
Helping Indian companies do business with Africa
INDIA
INDIA
Africa
AFRICA
INDIA : India’s Trade with the African Region notched US$ 38.96 Billion in the year 2009-10 (DGCI&S provisional figures) constituting 8.37% share in India’s total trade. Trade with the region has grown at a CAGR of 18.10% from US$ 4.48 Billion in 1996-97.
AFRICA : 54 Countries, 1 billion people, US$ 1.01 Billion of trade. Imports worth US$ 468 billion include Mineral Fuels, Oils, Machinery, Vehicles including Boats, Ships, Aircrafts, Electronics & Electricals, Iron & Steel & Articles thereof, Cereals, Plastics, Pharmaceuticals, etc.

Top 20 product groups imported by select African countries ............. [More].
Country at a Glance
Ethiopia

Region
Eastern Africa

Country
Ethiopia

Country Head
President Girma Wolde-Giorgis

Capital
ADDIS ABABA

Population
85,237,338(UN 2008)

GDP(PPP)
$70.23Bn (2008)

GDP Per Capita
$900 (2008 CIA est.)

Main Language
Amharic

 

Ethiopia

Ethiopia is located in Eastern part of Africa with total area 1,104,300 sq km.It is the second most populous nation in Africa and the tenth largest in area. The land boundaries 5328 km and the coastal lines do not exist as the country is locked by land. Ethiopia is surrounded by Djibouti, Eriteria, Kenya, Somalia and Sudan. Ethiopia is divided into nine regions are Addis Ababa, Afar, Amhara, Benishangul – Gumuz,Dire Dawa,Gambela,Harari,Oromia and Somali. Unique among other African countries, the ancient Ethiopian monarchy maintained its freedom from colonial rule with the exception of a short-lived Italian occupation from 1936-41.

Ethiopia is an economy based on agriculture which accounts for almost 50% of GDP, 60% of exports, and 80% of total employment. The agricultural sector in Ethiopia suffers from frequent drought, soil soil degradation caused by inappropriate agricultural practices and overgrazing, deforestation, high population density, undeveloped water resources, and poor transport infrastructure, making it difficult and expensive to get goods to market. Yet agriculture is the country's most promising resource. Potential exists for self-sufficiency in grains and for export development in livestock, flowers, grains, oilseeds, sugar, vegetables, and fruits. Coffee plantation is critical to the Ethiopian economy with exports of some $350 million in 2006.

Ethiopia in 2001, qualified for debt relief from the Highly Indebted Poor Countries (HIPC) initiative, and in December 2005 the IMF forgave Ethiopia's debt. Under constitution guidelines in Ethiopia, the state owns all land and provides long-term leases to the tenants. This system continues to hamper growth in the industrial sector as entrepreneurs are unable to use land as a collateral asset for loans.

Sector Profiles/Investment Opportunities Detail

SECTOR PROFILES

Ethiopia is a poverty stricken economy. The economy depends majorly on agriculture. Agriculture accounts for almost 50% of the GDP, 60% of the exports and 80% of the total employment. This sector suffers frequently from drought and poor cultivation practices. Coffee is critical to the Ethiopian economy with it providing exports of some $350 million in 2006.The normal weather patterns of Ethiopia helped it in agriculture and GDP growth recover during 2004-08.............Read More

 

INVESTMENT OPPORTUNITIES

 Excellent opportunities are available in Ethiopia for mineral prospecting and development. The Ministry of Mines and Energy records show that Ethiopia’s green stone belts offer one of the finest areas for gold mineralization as compared to anywhere in the world.. ..........Read More

 

 

 

 

Apex Bodies

Addis Ababa Chamber of Commerce

African Union

Dire Dawa Chamber of Commerce

Economic Commission for Africa

Ethiopian Chamber of Commerce

 

Read More....

Trade Fairs

Ethio Built

Ethiopia Trade Expo

Horticulture Agro Expo Ethiopia

FOODAGRO

Ethiopia Food & Beverage Expo

 

Read More.......

Useful Information

Export Promotion Council

Export Promotion Council: http://www.ethioexport.org/index.shtml

Trade Point

Ethiopian Trade Point: http://www.telecom.net.et/~etp/eth_trade_point.htm

Read More....

Mauritius Times

Ile Mauricie

Read More....