The State of Eritrea is situated in the Horn of Africa, and shares borders with Sudan, Djibouti and Ethiopia. Asmara is the country’s capital and largest city.
Eritrea’s economy has grown rapidly in recent years. In 2011 the economy grew by nearly 9%, making it the fastest growing economy in the world, and the government has largely succeeded in maintaining strong growth rates.
Around 80% of Eritrea’s workforce are employed in agriculture. Important crops include barley, beans, lentils and wheat. Industry has grown steadily since independence, and today accounts for around 34% of GDP. Key industries include food and beverage processing, textiles, salt, cement, and ship repair.
Our HLB office based in Asmara offer a range of first-rate professional services to domestic and foreign investors.
Latest insights, case studies and news from across the network
HLB International Business webinar EPS 7. Investor opportunities: Navigating Africa's deals climate
Together with Orbitt, our HLB panellists will cover an outlook of Africa’s investment ecosystem, African trends in deal activity and M&A tax consideration for some of the key African jurisdictions.
US tax reform impacts inbound foreign companies
What are the implications of the US tax reform on inbound foreign companies?
The organisation of working hours: New labour regulations in Spain as of 12 May 2019
Spanish regulator issues new obligatory working time records law, which requires all employers to record the number of hours worked by each employee.
Get in touch
Whatever your question our global team will point you in the right directionStart the conversation