There are 3 Companies in Ethiopia
that provide Business Consulting Services!

Ethiopia is more known for its safari, national parks, and UNESCO heritage sites. Also, in Ethiopia people are coming more for observing wildlife and lions in their natural habitat - so far, nothing about the IT sector. But it’s no surprise, since the World Bank ranked Ethiopia 141/190 in the ease of doing business, and this may look somehow intimidating both for investors and for potentially interested clients of IT companies. Now, in 2020 when you have the whole of Europe, the Americas, and Asia, almost no one would choose an African country for digital services. 

With all these, Ethiopia made huge progress in the digital sector, and local companies are providing non-financial aid to interested investors in their IT sector. Consulting, co-working spaces with views to safari, and mentoring are only a few of the services you can benefit from in Ethiopia. Also, in the context of Covid-19, the country entered the Green Zone, with around 10 cases in the entire country. 

Why you should work with Ethiopian IT companies

So, obviously, you will not find in Ethiopia a well-developed IT infrastructure and the industry overall. However, you may find in Ethiopia a friendly ecosystem that will help you develop the industry, and this may be very rewarding. 

Not so many Ethiopians IT companies are present on the local market, and the ones that exist are doing BPO and working for foreign customers from their operational centers located across the country. It’s a strategic location and a friendly business environment can make the country for many a great place where you can combine business with a vacation. 

There are no specific restrictions and things that you should know about Ethiopia when visiting it, except that you can enjoy your time and do the work you planned to do. 

What to pay attention to when working with Ethiopian IT companies

On the other hand, there are specific risks one may be exposed to in Ethiopia. The undeveloped IT industry, language barriers, and inexperienced developers and project managers can be a headache if Ethiopian IT companies were chosen as partners in a digital project. These risk factors come in contrast with the benefits the country has to offer, so taking a decision in this direction is an important step. 

How reliable are Ethiopian IT companies

You can’t really tell if Ethiopian IT companies are reliable or not. Simply because the local digital agencies didn’t take a chance to make a name for themselves on the international market - the country has a chance now to attract investors, create businesses that provide decent service quality, and start developing the country IT sector to a certain level. 

How the Ethiopian IT sector relates to the neighboring countries

In the region, there are countries that perform better and lower than Ethiopia. Even though the development levels of the IT sector are not comparable between Ethiopia and its neighboring countries, Kenya and Congo have managed to become the hosts of some international IT companies, but that’s probably because of the location rather than because of development. On the other hand, Uganda, Rwanda, and Burundi – the other neighboring countries, are far from implementing digitalization at the level Ethiopia is today.  Another thing that worth mentioning is that the main investor in East Africa is China and its companies. Probably, this will help the countries to develop at least in some fields which are more essential than IT. 

Business Consulting is a professional service that helps businesses to improve their performance, solve problems and achieve their goals. It involves working with consultants that offer guidance, advice, and recommendations in various circumstances for a business's success.

A study by The Conference Board revealed that companies that use external consultants achieve higher profits and have better organizational performance compared to those that rely solely on internal resources.

The question that rise is why businesses without external support have a lower performance.

The answer is hidden in the following:

• Consultants assist in formulating business strategies and identifying target markets and growth opportunities, which is more difficult to do on your own.
• A problem is always easier to solve with someone's help. Consultants are problem solvers by nature. They excel in analyzing complex business issues and proposing effective solutions. 
• Consultants provide financial expertise, helping businesses optimize their financial performance, manage budgets, evaluate investments, and improve cash flow.
• At the same time, they can be your business marketers and branding persona. Consultants may support businesses in developing effective marketing strategies and improving their brand positioning. 

The next question to answer is how to choose the right Business Consulting Company. It is not easy, but possible by following the tips below:

1. Look for consultants with expertise and experience in your industry. Check their success stories to ensure they can deliver the results you seek.
2. Look for consultants that have good communication and collaboration skills, because they should listen to your requirements, understand them and collaborate with the team behind your business. 
3. Avoid offering one-size-fits-all solutions, given the fact that each business is unique and needs a unique approach. 
4. Consider the cost of the business consulting company services. Evaluate the potential return on investment and do not forget that quality consulting can have a positive impact on your business.

This being said we invite you to explore business companies' profiles on TechBehemoths platform and feel free to get in touch with them. There are more than 1803 service providers on our platform which offer a wide variety of business consulting solutions.