The Ethiopian Investment Commission (EIC) announced that it had revoked licenses of foreign investors for failing to implement projects after receiving land, Fana Broadcasting Corporate reported.
A team from Ethiopian Investment Commission (EIC) paid a visit to Africure Ethiopia Pharmaceutical Manufacturing and Prime Point Pharmaceuticals Packaging, companies situated in Kilinto Industrial Park. The team, led by EIC’s Deputy Commissioner Daniel Teressa, saw the status of the companies today and held discussions with their representatives on next steps. EIC stated that it was committed to providing continued support to the companies.
The Ethiopian Investment Commission (EIC) reported a successful first quarter for the current fiscal year.
The World Association of Investment Promotion Agencies (WAIPA) welcomed the Ethiopian Investment Commission (EIC) as its official member. EIC stated that it would proactively engage with WAIPA and its member states in investment promotion, facilitation, aftercare, and advocacy works.
With a view to supplying information for investors who are coming into the country, Ethiopian Investment Commission announced that an online database system (iGuide) is started. The commission made a three months preparation before launching the system.
