Africa’s richest businessman, Aliko Dangote, has hailed Ethiopia’s sweeping economic reforms as a game-changer that is positioning the country as one of the continent’s most attractive destinations for global investment.
Speaking during a session on Ethiopia’s economic transformation, Dangote praised the government’s bold liberalisation agenda, which has opened up key sectors to private participation.
He noted that the reforms have created a favourable environment for healthy competition across various industries, stimulating innovation, efficiency, and job creation.
According to Dangote, these far-reaching policy changes are not only strengthening Ethiopia’s economy but also establishing the nation as a dynamic and progressive hub for international business.
He emphasised that the reforms are already drawing significant investor interest and will continue to unlock opportunities that rival those found in other leading African markets.
The program of liberalisation, combined with macroeconomic stability, is reshaping Ethiopia’s investment landscape by expanding private sector involvement in sectors previously dominated by the state.
As a result, the country is gaining recognition as a model of economic transformation that aligns with global investment trends.
Dangote’s remarks underscore Ethiopia’s growing appeal to international investors and reinforce the view that the country’s reform agenda is central to building a resilient, competitive, and inclusive economy in Africa.