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Ethiopia is Open for Business and Locals are Taking Advantage

Hundreds of Ethiopians who have been living abroad are returning to the country, following reforms brought in by Prime Minister Abiy Ahmed. Ethiopia has one of the fastest growing economies in the world, but it also has a vast number of unemployed young people. According to the National Bank of Ethiopia, remittances to Ethiopia have risen dramatically in recent years and now total over $3bn (£2.3bn), as Ethiopians living abroad send money home to support family and invest in local businesses. Among those who are already reaping the benefits of that change is celebrity chef Yohannis Gebreyesus. After more than eight years studying and working in the US and France, he returned to Ethiopia and is now making his name in the food industry. “As we know, tourism is becoming big, so the hospitality industry is becoming crucial. Not only shaping what we eat, but the service as well, is an important part of my work,” he says.