WHY INVEST IN
TOURISM
GROWING DOUBLE DIGIT ECONOMY
The International Monetary Fund (IMF) ranks Ethiopia as among the five fastest growing economies in the world. New buildings are rising in the cities daily and sectors like tourism, trade, agriculture, infrastructure, education, health, sport and many others are developing at a fast pace. Ethiopia is a country in motion and presents a positive energy for investors.
STABILITY AND SECURITY
Ethiopia is stable and safe for travelling, and the locals are welcoming and hospitable. Ethiopia is ranked positively in the Global Competitiveness Report in terms of ‘Business costs of crime and violence’ (44 out of 144 countries).
GROWING TREND OF INTERNATIONAL TOURISM ARRIVALS
Inbound Tourist Arrivals in Ethiopia have grown from 115,000 in 1999 to almost 849,000 in 2019.
INTERNATIONAL AIR CONNECTIONS
Thanks to its strategic location in the crossroads between Africa, the Middle East, and Asia and to the national carrier Ethiopian Airlines (a member of Star Alliance), Addis Ababa is an air transportation hub of Africa. Ethiopian Airlines is a dynamic company constantly expanding its network of flights, currently serving 90 destinations worldwide.
ETHIOPIA - A NEW HORIZON OF HOPE
With the changing political, economic and social landscapes, Ethiopia is a #NewHorizonOfHope
