US Investments Reach USD 4 Billion in Ethiopia
The United States investment in Ethiopia reached USD 4 billion. Mr. Girma Biru, Ethiopian Ambassador to the US, stated that several US companies and Ethiopians abroad contributed to this growth, Walta Information Center Reported.
The United States Department of State said it will host the Ethiopia Partnerships Forum (EPF) from May 15 – 16, 2019 in the US. EPF is a an economic engagement platform between Ethiopia and the US, aiming to raise awareness of Ethiopia’s bold new efforts to transform its economy and create attractive business opportunities.
The United States Tour Operators Association (USTOA) conducted its 2019 “out of country” meeting in Addis Ababa, Ethiopia. The decision to hold the meeting in Ethiopia “came after realizing that Ethiopia was among the top ten emerging tourist destinations, and tourism has been increasing significantly,” said Terry Dale, CEO of the Association.