Africa’s scale economy is entering a new investment chapter.

Ethiopia combines a vast domestic market with a major agricultural base, a continent-leading aviation network, extensive renewable-energy resources and growing industrial capacity. The opportunity is becoming more investable as the market architecture around those assets changes.

Since July 2024, reforms have altered foreign-exchange access, monetary policy and the role of private capital. A securities exchange launched in January 2025 and the 2025 banking law created entry routes for foreign banks. This is a high-potential market in transition—one where regulatory sequencing, partner diligence and local execution materially affect outcomes.