Ethiopi An Attractive Investment Opportunity For Business Looking Into A New Market Essay

Tanzania is a developing nation located in East Africa in the African Great Lakes region. Despite its low per capita income, Tanzania has established a significant growth rate in the last several years. There are several reasons Dr. Bronner’s Magic Soap should invest in the country due to projected economic development, future urbanization, intriguing cities to invest, and a serious need for the product.

Kvint (2008) indicates that some statistics of reports on emerging market are contradictory, and this inconsistent situation even can be seen from IMF’s reports. For instance, some emerging countries like China and India are classified as emerging markets and are included in the category of developing countries. On the other hand, many of the sub-Saharan countries as emerging markets are definitely still undeveloped. Kvint (2008) suggests that the main and most important characteristic of all emerging market countries is that they are at some stage during the processes of economic maturation and development of free markets. An attractive environment for foreign investors and global trading has been created based on this characteristic. He suggests the main characteristics in his study:

Togo acts as a religion commercial and trade center for the west Africa region and economic reform measure have helped to attract more foreign investment as well as expats planning a life in Togo.

To begin with, the Ethiopian economy has different between 2012 and now. When I was in Addis Ababa, Ethiopia, in 2012, there were a large number of unemployed young men: more than 50% men did not have a job. Also, they used to sit on street rocks and mocked at the people who had a job. Moreover, in the past, Ethiopia had a low literacy rate. If there were 6 people in a family, only two might be students. However,

Did you ever visit Ethiopia and observed peoples’ life there? Life in Ethiopia is completely different from life in the USA. There are many difficulties in Ethiopia and some of them are poverty, education and health are some of the problems. Even though there are some problems in America they are not like the problems in Ethiopia.

Cameroon, a relatively economically stable country in central Africa, has often been often discounted when searching to invest in Africa. Despite the rich opportunity for manufacturing and new markets, Cameroon lacks infrastructure and is often overlooked in favor of its neighbor Nigeria. Cameroon exists as a promising enterprise for foreign investment with a bit of time and assistance. Cameroon sits on the border of Nigeria, Central African Republic, Chad, Congo, Gabon, and Guinea while still having access to the Gulf of Guinea. According to the CIA’s World Factbook, Cameroon’ terrain is very diverse which is favorable for agriculture, and has some volcanic activity. The CIA also states that Cameroon has a large variety of ethnic groups; the largest being Cameroon Highlands, followed by Bantu, Kirdi, Fulani, Nigritic and others. This ethnic diversity

Sub-Saharan Africa has been a laggard with regards to economic growth rates when juxtaposed with many emerging developing countries. Analysts believe this could be due to high import volumes along with population boom dogged by disproportionate income growth. Structural deficiencies have hampered domestic production from propelling as swiftly as upsurges in demand. Many of the North African countries face agro-climatic limitations to increased production so imports are believed to play a pivotal role in satiating consumption

He argues that African countries need to develop complex and distinctive products. Which he believes shouldn't be made by their natural resources. His argument for this is that all economic policy does this; African countries should not follow this policy but come up with unfamiliar ideas which would produce complex manufactured goods. Which are less likely to be found in other countries, but is a necessity that is largely needed by everyone but is only produced by them. This allows for other countries to become dependent on them and it brings wealth to the country (Moghalu, 2014, pg., 92).

The fundamental opportunity that Adesemi and Celtel saw prior to entry in to Sub Saharan African (SSA) markets was namely to serve a market with astronomical and pent up demand. In 1995 there were 12 mobile phone subscriptions for every 100 people in the U.S but only one per 1000 people and one fixed telephone line for every 100 people in SSA. (Exhibit 1) These markets prevented a massive opportunity for companies looking to access more than 600 million people by bringing affordable telecommunications, while at the same enriching the lives of the poor.

First and foremost I would like to see a sense of togetherness amongst our community. I feel like in order to move forward and make an impact, we must first be close and grow together as a family. It seems as though sometimes we are divided in the Ethiopian community, whether it is because of how we identify ourselves

The members of the upper house are elected by the state parliamentarians, whereas the lower house representatives, also known as “the people’s representatives”, are elected by private citizens allowed to vote at age 18. The United States of America has worked very close with the Government of Ethiopia providing many items over the years such as food, military training, funded education, and millions of dollars attempting to assist with the widespread famine, poverty, and illiteracy that infests Ethiopia. Media outlets are controlled and operated by the parliamentary style government which limits the amount and type of information that citizens can access as the existing powers have been extremely firm in completely controlling all free

The superimposing factor that gives South Africa such an advantage over other prospective African business environments is that it possesses of a very powerful and sophisticated vantage-point geographically. South Africa is strategically located for manufacturing and exportation into several regions globally and can be an unmitigated platform for MNC’s who may be interested in a venture within this region. The important advantages include regional competitiveness, combined with reduced operational costs and a significantly prominent market access (Safrica.info, 2011).

The film shows the WTO convocation where ministers of trade for countries like Ethiopia share their struggles of being outright ignored and left out of negotiations and they decline the agreements that were forced upon them. At this point in the film, there is a move to look broadly at the WTO, where it goes back to showing Ethiopia’s poor coffee farmers who have to turn to farming chat instead of coffee. Chat is a narcotic plant that people can chew and it is ten times more profitable than coffee. Since it sells for a higher price, farmers have turned to cultivating this instead. The final statistic of the film is that if Africa’s share of world trade increased by only one percentage point, it would generate $70 billion a year, five times what the continent receives in aid.

The country is a key investor within the East African commmunity, while the largest chunk of intraregional trade is due to Kenya. However, economic

Despite the strong contribution of MSE in the Ethiopian economy, MSEs have been performing below capacity and their growth has been severely constrained by a number of factors (FDRE 2011 and Assefa, Zerfu and Tekle, 2014):