The Ethiopian Investment Commission highlighted the country’s promising investment prospects to German and African investors during the 5th German African Business Summit (GABS) held in Nairobi, Kenya from December 2-4, 2024.
Senior Advisors from the Commission presented various investment avenues and discussed the government’s recent economic reforms to over 900 attendees from 36 countries.
They emphasized Ethiopia’s abundant resources, market potential, and strategic location, making it an attractive destination for investments in sectors such as agriculture, agro-processing, textiles, automotive, energy, ICT, and healthcare.
The summit, attended by senior policymakers and business leaders from Sub-Saharan Africa, facilitated networking and sought to bolster trade and investment ties between Ethiopia, Germany, and other African nations. Numerous companies expressed strong interest in establishing B2B and B2G partnerships in Ethiopia.
Source: FBC
