Ethiopia Bad for Business: Report

The International Property Rights Index (IPRI), a global publication that measures the strength of property rights systems in different countries around the world, has ranked Ethiopia 119 out of 125 countries it measured, painting a concerning picture of Ethiopia’s business environment.

The annual index by the Property Rights Alliance, which highlights the role property rights play in creating a prosperous economy and just society, is entirely dedicated to the measurement of intellectual and physical property rights.

This year’s report, released at the end of September 2023, also examines the relationship between property rights and other economic and social indicators of well-being, including gender equality, energy, innovation, and competition.

“Robust legal and political frameworks for property rights not only protect the intangible and tangible assets of inventors but also incentivize creators to produce goods that are better and safer than before,” sta…

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Kefeta Project Launches Business Competition for Ethiopian Youth

Ethiopia’s Entrepreneurship Development Institute (EDI) and NICE Innovation Incubation Center, funded by USAID, are joining forces to launch a business competition in 17 cities across Ethiopia.

The Kefeta Project Business Incubation Program will be offered to 85 selected startups in the digital service, textile, leather, and agri-tech sectors. The program will provide end-to-end business development support, including selection, due diligence, and hands-on assistance in establishing fully functional enterprises that create employment opportunities.

The top five contestants, showcasing innovative businesses with promising viability and high-growth potential, will receive access to the...

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Ethiospur Business Plan Competition Returns with Prizes Up to Half a Million Birr

Aiming to support and award dynamic Ethiopian entrepreneurs looking to scale up their existing businesses, Ethiopia’s Entrepreneurship Development Institute (EDI) has announced the launch of the latest edition of the Ethiospur Business Plan Competition.

The competition, which is open to micro and small businesses operating in any industry sector, offers a range of benefits to the competition’s final winners, including up to 500,000 birr in funding, networking opportunities, media exposure, training, and expert advice.

To be eligible to participate in the competition, applicants must be Ethiopian citizens, be the majority owners of their businesses, operate with a formal business...

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