On her final stop for Standard Bank's Africa Connected in Ethiopia, Pan-African broadcaster Lee Kasumba talks to the Ethiopian Ambassador to South Africa, Dr Shiferaw Teklemariam to find how the country is attracting potential investment.
The political system is encouraging and, calling for potential investment.— Dr. Shiferaw Teklemariam, The Ethiopian Ambassador to South Africa
Ethiopia is the land of economic opportunities – but, what's the winning formula behind the country's rapid economic development and, how did it become the fastest growing economy in the world? Its constitution.
Driven by the Ethiopian constitution, the country's Investment Security Framework protects local and foreign investors from any kind of expropriation.
We have the Investment Law that translates the constitution into action.— Dr. Shiferaw Teklemariam, The Ethiopian Ambassador to South Africa
The government's key areas of focus – fast development, sustainable development and, addressing the equality issue.
Read more: Ethiopia: The Cradle of Culture invites you!
In its efforts to accelerate the country's economy and attract investment, the government has rolled out various extension programmes in the fields of agriculture, education, and health – to ensure that the population is productive and investment-ready.
The policy environment is wonderful for investment.— Dr. Shiferaw Teklemariam, The Ethiopian Ambassador to South Africa
In addition, the government has also placed emphasis on infrastructure investments in the country – such as road sector, railway sector and, air transport.
Click here to access the Africa Connected portal or click below to watch Lee's interview with Dr Shiferaw Teklemariam...