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
Managing trading profiles in the construction industry
Meeting key requirements under the IFRS to manage trading profiles can be challenging for those in the construction industry.
HLB Cross-Border Business Talks Podcast Series
An HLB podcast series in which we share our insights and ideas, and welcome guest speakers to keep you informed on cross-border business topics. We provide bite-size analysis on today’s...
Organisational purpose, CSR and learnings from #HLBCommunities Day
In modern society, CEOs are recognising the impact an authentic organisational purpose can have on the success of their business.
Get in touch
Whatever your question our global team will point you in the right directionStart the conversation