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Ethiopia Invites East African Investors to Invest in Ethiopia

Ethiopian Prime Minister Hailemariam Desalegn invited investors in East Africa to utilize suitable investment opportunities in Ethiopia. The premier extended the invitation during a discussion held in Nairobi with investor from East African countries.

Hailemariam invited investors to engage in priority sectors of of Ethiopia such as, manufacturing, textile, leather industry and horticulture. He said both the investors and the nation would benefit from investing in those sectors.

On the occasion, a company engaged in horticulture development in Kenya that has also invested in the same business in Ethiopia expressed interest to expand its business in Ethiopia.

Investors engaged in the financial, telecommunications, and agriculture sectors from Kenya and other countries commended the activities of Ethiopia to interconnect the region with infrastructure, particularly in the energy sector.

According to ERTA, the investors have shown interest to make use of the suitable investment situation in Ethiopia.

Source: Walta