Germany signed a Euro 100 million agreement with Ethiopia yesterday to help the country’s training and job creation programs financially and technically. Dr. Abraham Tekeste, Minister of Finance and Economic Cooperation Minister, said, “The agreement is instrumental in generating job opportunities for the young generation since it supports training and job creation program in Ethiopia,” adding that it is significant to give the needed attention to the youth, who comprise 70% percent of Ethiopian population, in order to improve their capacity.

Germany’s Economic Cooperation and Development Minister, Dr. Gerd Muller, said they would organize German investors who would invest in Ethiopia. He also said Ethiopia is an ideal place to invest in automobile productions.

Source: Ethiopian News Agency