Addis Ababa: A two-day high-level business forum aimed at unlocking investment opportunities and facilitating economic growth kicked off today in Addis Ababa. The event was attended by President Taye Atske Selassie, head of the Democracy System Building Coordination Center with the rank of Deputy Prime Minister and Vice President of the Prosperity Party Adem Farah, other government officials, and stakeholders.
According to Ethiopian News Agency, the forum comes at a pivotal time as Ethiopia introduces a market-based foreign exchange system and opens up critical sectors, including finance, banking, logistics, and trade, to private and foreign investment. Organized by the Ethiopian Investment Commission, the Ministry of Finance, and key development partners, the forum has brought together leading international and local companies, business leaders, policymakers, consultants, and members of the diplomatic community.
The forum aims to showcase Ethiopia's untapped investment potential in sectors such as digital services, telecommunication, agriculture, and manufacturing. It will also explore opportunities arising from regional integration and global trade agreements, particularly the African Continental Free Trade Area (AfCFTA).
Now in its third edition, the Business Forum seeks to position Ethiopia as a premier investment destination in Africa while promoting sustainable and inclusive economic growth. In addition to attracting new investments, the forum will highlight the government's strong commitment to the investment sector and unveil upcoming policy reforms designed to enhance the business climate.