Addis Ababa is the capital city of Ethiopia. The country has experienced fast economic growth in the last decade, averaging about 10 percent a year. Economists cite the country’s manufacturing industry as a key element in the country’s success. Though with her high-rising population increase, she is forecast to be the fastest growing economy in Sub-Saharan Africa this year.

Ethiopia’s economy is predicted to grow by 8.5% this year. The figures signal continued economic expansion following a long period of impressive growth. To boost the economy, the country is pursuing a number of large scale infrastructure projects including The Grand Renaissance Dam and a railway network.
Vijaya Ramachandran, an economist at the American think tank Center for Global Development (CGD) said that “Ethiopia has had a very high growth rate and I think that’s a result in large part of a very concentrated effort by the government to boost industrial production and manufacturing.”
Ethiopia can follow in China’s footsteps, and become a destination for low-wage manufacturing jobs.
Push Your Dreams Confidently!
Want to push your dreams in today’s technology-driven, constantly-changing world? You must read Olatorera Oniru’s bestselling digital e-book titled Push Your Dreams available now on Olatorera.com and on Amazon.com.
The Olatorera Consultancy brand has grown from an ambitious solo-preneur to a team of highly assertive “Africanists” focused on providing the seal and stamp of “Africa’s Best” to great businesses in Africa and beyond. Olatorera Consultancy has an annual outline of businesses we work with. We currently do not accept unsolicited applications. To network with the team at Olatorera Consultancy Limited, please add your company to the reviews page here. An Olatorera Consultancy company representative may be in touch with you shortly after reviewing your company’s readiness for business consultation services.