Ethiopian Informer
ADDIS ABABA (EI) — The Ethiopian Investment Commission (EIC) has signed a number of investment agreements worth over 13 billion USD as the Invest in Ethiopia Business Forum concluded on Friday.
The fourth edition of the forum was held under the theme “Ethiopia: Ready for Business” in Addis Ababa, the country’s capital, attracting hundreds of investors, business leaders and advisors from across the globe, according to the organizers.
The annual Invest in Ethiopia high-level business forum, organized by the Ethiopian Investment Commission (EIC) and other government institutions in collaboration with development partners, aimed at positioning the country as a leading investment hub in Africa and beyond.
According to the EIC, serving as a key platform for forging partnerships and expanding investment opportunities, the two-day forum significantly reinforced the country’s growing reputation as a competitive and attractive investment destination.
It said the newly secured investments are expected to play a critical role in job creation, foreign exchange generation, and technology transfer, further strengthening Ethiopia’s economic transformation agenda.
Addressing the closing session, Ethiopia’s Minister of Finance Ahmed Shide said that the forum reflects Ethiopia’s shift toward targeted investment attraction, robust regulatory reforms, and a more integrated approach to facilitating investments that drive exports, create jobs, and economic transformation.
He said the signing of investment deals across mining, manufacturing, real estate, renewable energy and other sectors with investors from China, Kenya, India, Singapore, and Poland, showcases Ethiopia’s achievements as a new investment frontier of Africa.
