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USAID Ethiopia works to advance an environment that supports increased private sector investment and growth. In the past five years, Ethiopia has experienced substantial growth in all three major economic sectors (agriculture, industry and services). However, investments by the private sector lag far behind those of government and the country continues to rank lowest in the region for the World Bank’s “Ease of Doing Business” index. USAID endorses private sector development within core Feed the Future activities and plans to develop stand-alone activities to create the necessary environment for private sector growth.
Development Credit Authority: Increase access to short-term marketing credit and medium-term investment capital for local business owners, diaspora, women-owned businesses, and the agriculture sector.
Multi Donor Fund for Private Sector Development: Build the capacity of the private sector in Ethiopia and raise its level, competitiveness and importance. This, in turn, triggers economic dynamism, enhances productivity, and contributes to poverty reduction.
Ethiopia Sustainable Agribusiness Incubator: Incubate and strengthen private enterprises whose profit will be derived from the farm to market chains, which incubatees will develop, extend and grow.
African Alliance for Improved Food Processing in Ethiopia (AAIFP): Increase the competitiveness of the Ethiopian wheat-processing sector and expand availability of affordable and nutritious foods in Ethiopia. A public-private partnership between USAID, TechnoServe and Partners in Food Solutions (PFS).
Advanced Maize Seed Adoption Program (AMSAP): Help farmers transition from open-pollinated varieties of maize seed to higher yielding hybrid maize. DuPont Pioneer is investing more than $2.3 million to provide improved varieties of maize seed and technical assistance. A public-private partnership with USAID, the Ethiopian Ministry of Agriculture, Agricultural Transformation Agency, and DuPont Pioneer
Last updated: April 22, 2014