The Ethiopian capital, Addis Ababa booming city is one of Africa’s fastest growing economy.
The country which is sub-Saharan Africa’s fifth biggest economy is at the focal point of emerging economies’ interest with various delegations of foreign investors seeking investment opportunities in the largest landlocked country in the continent.
“If you look at it [Ethiopia] from an economic stand point, I think Ethiopia is one of the countries that has become the quint essential embodiment of the Africa rising narrative,” Julians Amboko, research analyst at Stratlink Africa from CNBC Africa.
The country’s economic growth is principally attributed to intense government projects aimed at achieving its Millennium Development Goals (MDGs) as the country aims at becoming a middle income status by 2025.

 

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