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Ethiopia - Planting the Seeds of Investment | Industry Insights

- A competent and cheap labour force by African standards The country boasts a religious harmony between Christian and Muslim groups, which has been a long historical and cultural tradition of the country. Ethiopia is a venue for numerous conferences and seminars, for the United Nations and other international organisations. It is a home for thriving commercial communities. Growth and Transformation Plan (GTP) With a projected average growth rate of 11.2 per cent, the Ethiopian Government has formulated a five year GTP to maintain this fast growing economy in all sectors. By the end of 2014, the country s installed electricity generating capacity is expected to reach 10,000 MW, rising from the current level of 2000 MW and coverage across up to 75 per cent of the country.

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