Worku Girma spent nearly two years looking, unsuccessfully, for work after graduating in Law from Wollega University, one of the recently established higher institutions in the country. Back then, he would probably never have imagined that he would be a designer at a shoe factory for a Chinese company. Yet, that was what happened after he completed three weeks of training the company gives for new employees. He currently works for Huajian International Shoe City, which is one of the companies nested in the Eastern Industrial Zone.


Almost 100 years before Columbus discovered America, a Chinese explorer named Zheng He (also known as Cheng Ho) led seven expeditions from China all the way to the Cape of Good Hope in South Africa. His ships are said to dwarf anything sailed by later European explorers and continue to amaze today. In all, it is estimated that he had between 48 to 317 ships with a crew of over 28,000 men. During each of Zheng’s voyages, he brought back diplomats from other countries or encouraged ambassadors to go to the capital Nanjing on their own, according to historical records.

The foreign direct investment  (FDI) in Ethiopia, in 2011/12, was hugely dominated by two countries. Perhaps, contrary to what many people might think, Turkey and India took 58.75 per cent of the total FDI capital registered in the last fiscal year. If we see the data of only the top 10 total capital, the two countries’ contribution increases to more than 81 per cent. In terms of job opportunities, 62 Indian projects which created employment opportunities for 46,131 people (over 28 per cent of the total jobs FDI brought in the year) leads the group, while Turkish investors with 22 projects created 12,004 people is the  second. Investment from neighbouring Sudan which created 11,645 jobs was the third.

Last September showed the coming of series of business delegations to Addis Ababa from East. One of the delegates was from small but industrialized country, Singapore. The Singapore’s delegation, which consisted of 20 bossiness people, focused to get dealers from Ethiopia for construction machineries, caterpillars, and agro-processing materials. They also wanted to identify suppliers of spice products. The mission also planned to engage in shipping and logistic sectors to ease trade activities they want to undertake in Ethiopia.

Ethiopian Business Review | EBR is a first-class and high-quality monthly business magazine offering enlightenment to readers and a platform for partners.

2Q69+2MM, Jomo Kenyatta St, Addis Ababa

Tsehay Messay Building

Contact Us

+251 961 41 41 41