What business can I do in Ethiopia?

What is the most profitable business in Ethiopia?

Top profitable business ideas in Ethiopia

  • Recreational centers. …
  • HCB factory. …
  • Production of Salt and Soap. …
  • Computer maintenance. …
  • Music industry. …
  • Driving Schools. …
  • Building management. …
  • Real Estate. This has to be one of the most profitable businesses.

22.11.2019

What business is best in Ethiopia?

20 Best Small and Big Business Opportunities in Ethiopia for 2021

  • Building Management. Building Management is a business that is also sometimes called facility management. …
  • Brick Making. …
  • Cleaning Services. …
  • Consultancy Services. …
  • Advertising Agency. …
  • Vending Machines. …
  • Real Estate. …
  • Bakery/Pastry Shop.

What type of business is profitable in Ethiopia?

The Ethiopian economy today provides excellent opportunities in the manufacturing industry, especially in the clothing and textile sector. Other top rising manufacturing sectors to invest in include food and beverages, leather, metallurgy, electronics and so on.

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Can foreigners do business in Ethiopia?

Generally, foreigners are not allowed in participating in trading activities. They can import raw materials if they have a manufacturing setup in Ethiopia or export their products. Please check our Import and Export, Investment ,and Investment Incentives pages.

What should I invest in Ethiopia?

Six Sectors of Investment Opportunities in Ethiopia

  • Transport Infrastructure. Many national and regional projects are currently being undertaken to improve the transportation system for land, air or sea travel.
  • Industrial Sector. …
  • Agriculture. …
  • Energy. …
  • Mining. …
  • ICT.

What are the most successful small businesses?

Most Profitable Small Businesses

  • Personal Wellness. …
  • Courses in Other Hobbies. …
  • Bookkeeping and Accounting. …
  • Consulting. …
  • Graphic Design. …
  • Social Media Management. …
  • Marketing Copywriter. …
  • Virtual Assistant Services. Finally, last on our list of the most profitable small businesses: virtual assistant services.

7.01.2021

What is the highest paying job in Ethiopia?

  1. Surgeons / Doctors. Salary Range: from 16,200 ETB to 51,600 ETB. …
  2. Judges. Salary Range: from 13,600 ETB to 43,400 ETB. …
  3. Lawyers. Salary Range: from 11,000 ETB to 35,100 ETB. …
  4. Bank Managers. Salary Range: from 10,400 ETB to 33,000 ETB. …
  5. Chief Executive Officers. …
  6. Chief Financial Officers. …
  7. Orthodontists. …
  8. College Professors.

What is the best business for beginners?

Here is a list of 51 of the best small business ideas for beginners with the right skill sets.

  1. Home Contractor. …
  2. Landscaping Business. …
  3. Freelance Writer. …
  4. Blogger. …
  5. Virtual Assistant. …
  6. Home Cleaning Service. …
  7. Child Care Service. …
  8. Courier.
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18.10.2016

How can I make money in Ethiopia?

There are many ways to make money online in Ethiopia.

  1. Build and monetize your blog.
  2. Start a YouTube channel.
  3. Start working on freelance sites – translator, website designer, graphic designer.
  4. Make money using your social media – Advertizing, Affiliate marketing, selling channel.
  5. Betting sites.
  6. Resell Webhosting.

28.11.2020

What is the problem in Ethiopia small business?

Some of the challenges and problems include high level of unemployment, high poverty incidence, lack managerial skills and low industrialization capacity, lack of finance, inconsistent government policies and inadequate infrastructure and insecurity of the business climate among others.

How much do I need to start a business in Ethiopia?

The minimum capital requirement to establish a Private limited company is ETB 15,000. The Liability of a Private Limited Company is limited to the company’s assets. The cost of incorporation for private limited company is not less than SOUSD.

What is new business in Ethiopia?

New Business Ethiopia is one of the pioneering online publications producing and disseminating news stories from Addis Ababa, Ethiopia. It is launched in November 2009. It has been providing the latest news and business research service from Ethiopia and in other African countries.

How can I start a PLC in Ethiopia?

How to Start a PLC (Private Limited Company) in Ethiopia (particularly in Addis Ababa)

  1. STEP 1: Preparing memorandum of association and articles of Association. …
  2. STEP 2: Checking the proposed name of the PLC. …
  3. STEP 3: Process at the Documents Authentication and Registration Office.

22.06.2010

Can foreigners buy apartment in Ethiopia?

Ethiopian citizens may own land in freehold. However, most of the land is only available on leases. … Foreigners can acquire an interest in Improved Property with a lease with terms of between 33 and 99 years.

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How do I get a business license in Ethiopia?

Issuance of business license

  1. Commercial registration and trade name registration;
  2. The business activity shouldn’t be prohibited by any law;
  3. Apply to the relevant authority in accordance to the law applicable;
  4. Payment of appropriate service fee; and.
  5. Other requirements provided by the applicable law.
Across the Sahara