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Investment opportunities in Eritrean


Investment opportunities:




Eritrean industries in some simple, concentrated mostly in the capital «Asmara» and run by mostly Italians, the most important canning meats, fruits and fish, and the leather industry, fertilizer, sulfur, soap, textiles, cement and plastic.




Eritrean has the task of mineral wealth is invested, some erratic business investment loss for the political stability prior to independence and because of the national liberation revolution, which has for independence and the most exposed mineral oil, copper, gold, potash, lignite, iron, aluminum, silver and nickel.


The detection of oil in the island of Dahlak and south-eastern city of Massawa, and the companies are American and Dutch looking for it. The largest copper mines in the «Diaroa» near Asmara, and extracts of Japanese investments about 6000 tons of copper per month, and U.S. companies are expanding extraction of phosphate and marketing




Agriculture is the source of the economy important in the country, it is Eritrea's agricultural country, pastoral, exercise more than 90% of the total population of agriculture and pastoralism, combining grain about 87% of all crops, mainly maize, wheat, barley, Altaf (a type of cereal mixed with corn to bake bread national), with the remaining crops between coffee and tobacco, cotton and tropical fruits.


Corn is a staple food of the population in the western and eastern plains, while the widespread cultivation of wheat and Altaf on the plateau, has recently expanded cultivation of bananas in the Valley area, a pool of products intended for export.


The abundance of agricultural potential, is still far away from Eritrean agricultural development of the novelty of independence because of the negligence continued and successive administrations, and the loss of political stability since the annexation of the country to Ethiopia, and often caused great losses famines Eritreans.




Grazing-dominated profession as well as agriculture, large segments of the population, Eritrean has about 10 million head of cattle, camels and sheep.


Reproduction has been affected by the state of war since the country experienced in 1960, trying to foreign companies investing in the manufacture of animal production of meat for export to overseas, especially to the Zionist entity (in accordance with the Convention held by the Ethiopian authorities with the company «Oncude» Zionism).

 Eritrean as well as dairy products exported to Italy and some neighboring countries. Eritrean wealth has a large sea of fish and shellfish and increase the value of annual exports by 50 million dollars.




Forests are another source of wealth in the Eritrean and spread in the plains and in river valleys trees «Doom» used in the manufacture of buttons, clothing, and is dotted with pastures, trees and chewing gum, and help these trees generally protect the soil from erosion and Alantmar that may be caused by movement of the sand dunes.

While the trees grow «Alliorvobia» in the plateau and the highlands and utilized in the timber industry and matches.


Health and medicine:


Spread yellow fever, malaria, cholera and AIDS.

Must take the necessary vaccinations


There are no adequate medical services at all hospitals and medicine are limited and low-and high prices.


The security situation: very stable.


Monetary and Banking:


Is strictly forbidden to deal in the parallel exchange market and is the confiscation of any funds and controlled by exposing the client to prison.


There are no branches of Egyptian banks or Dolipo must be based citizen record the holdings of hard currency and provide the benefit transfer been legally discharged.


Do not use credit cards or checks Alsiahipaly all in Eritrea.


Sales tax 10% and can not be recovered in any way.


Capital: Asmara.                                            


Official language: Altejrinip and Arabic.


Currency: Alnagafp to nakfa erk.                               


Area: 121.320 km 2.


Census: about 5291370 people.


Major Cities: Asmara - Massawa - Assab - Karen.




Requires access to Eritrea to obtain a visa from the Eritrean embassy.


Survival after death visa: Exposure to many problems including imprisonment and transferred to the Court of urgent, as the strict laws of Eritrea, in that particular point.


Departure fee of non-resident: $ 15 U.S.