Ease of Doing Business in Ethiopia Flourishing: Mohan Group Companies CEO

Addis Ababa, January 2, 2026 (ENA)— Mohan Group Companies Chief Executive Officer, Harsh Kothari, said the ease of doing business in Ethiopia has been flourishing, following the measures taken by the government.

The Mohan Group of Companies is a prominent Indian-Ethiopian family business in Ethiopia, leading the fourth generation of the family's legacy in the country's business landscape.

Its CEO, Harsh Kothari, told ENA that the ongoing economic reforms is positioning Ethiopia to be a strong competitor in the global trading networks and to show confidence and resilience.

The reforms have improved business environment and enhanced attractiveness to investors at the global level.

The reforms primarily focus on opening sectors to foreign investment, modernizing finance and trade with e-services, improving forex management, and boosting private sector participation, among others.

Kothari noted that Ethiopia’s economic reforms have had many stages, including the reform of the commercial code, the financial reform, the foreign exchange regime change.

As a result of the various reforms taken, the ease of doing business, which is crucial in attracting investment, has been flourishing in Ethiopia, he added.

Commenting on the recent visit of Prime Minister Narendra Modi to Ethiopia, the CEO said the visit of the Indian leadership to Ethiopia has been very pivotal in further strengthening the relationship between Ethiopia and India.

According to him, Prime Minister Abiy Ahmed has also taken strong efforts to ensure that these strong relationships continue and Indian investors feel welcome in Ethiopia.

Prime Minister Modi’s visit to Ethiopia is a strong and symbolic message, he said, adding that it gives a message to the business community and investors that have been working together a sense of belongingness.

Generally, the economic reform, the market positioning, the African Continental Free Trade Area, and all the endeavors that are taking place in Ethiopia create a very conducive investment environment.

The CEO also said that Ethiopia is going to be one of the most competitive and attractive places to do business.

Ethiopia's comprehensive Homegrown Economic Reform (HGER) Agenda, initiated in 2019, has led to several significant achievements, particularly in macroeconomic stability, foreign exchange management, and sectoral growth.

The reform achievements also include the increase of Foreign Direct Investment (FDI), substantial legal and regulatory reforms, and more conducive business climate.