Monday, May 21, 2012

Doing Business in Ethiopia

The World Bank ranks countries globally on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 10 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.

Click here to read the 2012 report for Ethiopia. This is a useful guide for anyone thinking of opening a business in Ethiopia. On the ease of doing business, the World Bank ranked Ethiopia at number 111. This was well behind Rwanda (45) but just behind Kenya (109) and Egypt (110). Ethiopia ranked ahead of Uganda (123), the regional average for Sub-Saharan Africa (137) and well ahead of Eritrea (180).

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