![]() ![]() ![]() Many former colonies have a legacy, mentality, administrative structure or set of ownership structures from their colonial eras, but Ethiopia has no such traditions, according to Melissa Cook, managing director of African Sunrise Partners and a member of president Obama’s Advisory Council on Doing Business in Africa. In 1999, Ethiopia attracted a mere $12 million.Undertaking a project in Ethiopia means recognizing its differences from other African nations. July 22, 2016Author:For more information on Ethiopia, check out our.Although dwarfed as a destination for foreign direct investment by its African neighbors South Africa, Egypt and Nigeria, has attracted increasing levels of FDI, according to data from the United Nations Conference on Trade and Development (UNCTAD): $2.2 billion in 2015 from $279 million in 2012.
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