The Ethiopian Investment Commission (EIC) signed investment agreements worth over USD 1.6 billion with various foreign companies during the International Investment Forum – Invest Ethiopia 2023 – which was held for three days under the theme “Invest and Grow in Ethiopia”.
The Ethiopian Investment Commission (EIC) signed a memorandum of understanding (MoU) with First Consult for BRIDGES Program to implement the digitization of labor supply and matching database across seven industrial parks. The program, EIC Commissioner Lelise Neme said in a tweet, is funded by Mastercard Foundation.
On October 17, 2023, Ethiopian Investment Commission (EIC) made significant strides in bolstering investment ties with Chinese companies at the Ethiopia-China Investment Forum Series–Beijing Episode II, held in Beijing, China.
The Ethiopian Investment Commission (EIC) signed memoranda of understanding (MoUs) with four Chinese companies on the margins of the Belt and Road Forum (BRF) in Beijing, China.
Ethiopian Investment Commission (EIC) sets plans to undertake a feasibility study to join Ethiopian Investment Holdings (EIH) as a budgetary public enterprise. The Commission is currently an autonomous government institution which is accountable to Ethiopia’s Investment Board. If it decides to join EIH when it completes its feasibility study, it will be the 28th public enterprise under the investment holdings.
EIH was founded in January 2022 as a holding company to become the strategic investment arm of the Government of Ethiopia responsible for providing professional oversight and optimizing commercial assets to unlock value.
