BIBLIOTECA HORTICULTURA

BIBLIOTECA HORTICULTURA

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Addis AGRIFOOD

Addis AGRIFOOD

Addis Abeba (Etiopía)

5th ADDIS AGROFOOD Agriculture, Agricultural Machineries, Food, Food Technologies, and Packaging Exhibition offers important global investment opportunies for sectoral professionals.This will be the perfect platform to expand your business into rising Africa market, and meet with the decision makers.

Ethiopia is the second most populated country in Africa, located in the region of the Horn of Africa. Ethiopia has one of the fastest growing economies in the world, according to the Economist. According to a new IMF review, it has also recorded an “impressive growth” during the past few years, depends mainly on agriculture. Howeever, Ethiopia's production capacity is poor and its' economy almost depends on importation.Therefore, it offers attactive opportunities for investors. Ethiopian government reduced customs tariff significantly in the framework of creating economic liberalization. The maximum tariff came down from 230% to 35% and the minimum is 5%. The average tariff is reduced from 41.6% to 17.5%. Ethiopia has also several agreements that grant duty free access to many countries, including European countries and the USA. Business friendly climate, duty free access and competitive labour costs have successfully created new investments and employment opportunities. Ethiopia is also a member of Common Market for Eastern and Southern Africa (COMESA) Union which has an access to 20 African countries with providing benefit of Free Trade Area (FTA).