Embassy hosts webinar on Ethiopia’s Booming Horticulture Industry

9 Feb 2021

As part of the “Doing Business in Ethiopia” webinar series focusing on different sectors of investment in Ethiopia, the Embassy hosted its first webinar of 2021 on 4th February.

On the occasion, government officials and industry experts discussed the opportunities for trade and investment in Ethiopia’s booming horticulture industry.

Horticulture is among the top of Ethiopia’s priority agricultural sectors and the government has been giving the necessary support and incentives for investors. The sector is the fifth-largest foreign revenue earner for the country and has created employment opportunities for over 200,000 Ethiopians. The government also provides several incentives for investors in the sector including tax exemption and duty-free importation of machinery construction materials, spare parts, raw materials, and vehicles.

In his opening remarks, Ambassador Teferi highlighted the importance of Ethio-UK bilateral relations, saying that the UK, over the years, “has demonstrated to be a good friend of Ethiopia” and that this was evident in the UK government’s announcement in December that it will double the amount of export finance available to UK companies doing business in Ethiopia.

The development of Ethiopia’s horticultural sector has been one of Ethiopia’s major success stories in recent years. With vast land, favourable climate, and abundant resources, this sector has attracted huge investment flow and has been steadily penetrating international markets over the last two decades.
Ambassador Teferi Melesse

“With new reforms underway, my government is seeking to incessantly employ policies and strategies for positioning Ethiopia as an attractive haven for productive investors,” the Ambassador said. “Appropriate institutional frameworks and very generous incentives have been put in place to encourage foreign investment inflow to our country.”

…Ethiopia a key trading partner of the UK

The Rt. Hon. The Lord Bates, the British Prime Minister’s Trade Envoy to Ethiopia, said, “With almost 15 years of continuous double-digit or near double-digit growth, this strong economic performance, with rising incomes and rising potential showcases why Ethiopia is a primary trading partner of the United Kingdom.”

“Horticulture remains an important Ethiopian export to the UK, with cut flowers forming 12% of total exports, some $7.7million in value,” Lord Bates said, adding that “With Valentine’s Day around the corner, I expect our local shops to be stocked with Ethiopian flowers.”

“Ethiopia is rich with farmland and richer in the potential to explore greater investment in agriculture, agro-processing, and an ever-greater diversity of farming products to be produced and sold…Ethiopia can be a breadbasket not just for the UK, but for the world. I hope that we can continue to encourage and explore greater UK-Ethiopian investment in this sector.”

Among the distinguished speakers was Mr. Wondale Habtamu State Minister at the Ministry of Agriculture, who provided an overview of the horticulture sector and the incentives available for investors. Also from Ethiopia were Dr. Bayisa Bedada, Commissioner, Oromia Investment Commission, Dr. Getahun Mekonnen, Deputy Head, Amhara Industry and Investment Bureau, and Mr. Tewodros Zewdi, Executive Director, Ethiopian Horticulture Producer Exporters Association.

We also heard from companies that have ventured into Ethiopia’s horticulture sector, including AfriFlora, Perennial Foods, and Durabilis, as well as the people behind the logistics at Ethiopian Airlines and Flying Swans in the Netherlands. Mr. Jeremy Lefroy, the former British Trade Envoy for Ethiopia also took part.

 Watch the webinar in full via our YouTube page at https://bit.ly/InvestEthiopia-Horticulture

 

Latest News

Browse all
The Government of Ethiopia has been working tirelessly in collaboration with development partners to ensure continued supplies of food and medicine to those that are in desperate need of it. It will continue to work with its humanitarian partners to prevent breaks in humanitarian operations and for assistance to reach all affected communities.
22 Jul 2021
Tigray Region Humanitarian Assistance Update
The Ethiopian government has sacrificially made a political decision, recognizing the dangers to the people, and will not tolerate any attack that violates the government's decision and endangers Ethiopia. The Government calls upon all Ethiopians to think of Ethiopia beyond local issues and stand by the side of their government.
14 Jul 2021
Summary | Government Statement Issued by Ambassador Redwan Hussein
While reaffirming its commitment to the safety of refugees, the Government of Ethiopia calls upon the international community to unanimously condemn the torture and killing of Eritrean refugees by TPLF, and support investigations on the reported incidents of reprisal attacks, abductions, arrests, and violence by the same group.
14 Jul 2021
Statement on the situation of Eritrean Refugees in Ethiopia
The Government calls on the people of Ethiopia to protect itself from influences of unsubstantiated information and the propaganda machine of the Junta, whose remaining power is just fabricating falsified information. The people of Ethiopia should understand that our domestic and external enemies are working in unison to sow dissent and mistrust among us. The Government urges the people of…
14 Jul 2021
Message from Prime Minister Abiy Ahmed on the Current Situation in Tigray
It has recently come to our attention that one of our consular staff members has tested positive for COVID-19. As a result, there will be temporary disruption to our face-to-face services to prevent the spread of the virus and safeguard members of the public. The consular section will be closed to the public and will henceforth be processing the following…
14 Jul 2021
Notice of Temporary Disruption to Consular Services
To spur and support its growth and transformation agenda, the Government of Ethiopia is committed to expanding higher education, science, and TVET programs. This webinar will seek to explore key insights into the science and higher education sector in Ethiopia and Scotland, and share best practices and experiences on opportunities and areas of collaboration with similar institutions in both countries.
13 Jul 2021
WEBINAR | Ethiopia-Scotland Science and Higher Education Symposium: Opportunities for Partnership and Collaboration
Ethiopia is committed to bringing the AU-led trilateral process to a successful conclusion aiming to reach a mutually acceptable outcome. It is prepared and ready to work on the phased approach proposed by the Chairperson of the African Union, and, therefore, encourages both Egypt and Sudan to negotiate in good faith to bring the process to fruition.
13 Jul 2021
Press Statement on Resuming the Trilateral AU-led Negotiations on GERD
The Brief is a bi-weekly publication from the Ethiopian Embassy in London covering current affairs in Ethiopia. This week's issue covers the United Nations Security Council meeting on the Grand Ethiopian Renaissance Dam and the Situation in Tigray. Subscribe to our mailing list to receive The Brief in your inbox.
9 Jul 2021
The Brief – 09.07.21
The Tigray Provisional Administration has requested the Federal Government to enact a humanitarian ceasefire in the Tigray region. The provisional administration’s request came after due consideration of the needs on the ground and following the consultations with academics, the business community, and religious leaders and elders from the Region.
28 Jun 2021
Decision by the Federal Government of Ethiopia in Response to the Proposal of the Tigray Provisional Administration to Resolve the Challenges Facing the Tigray Region
The Government of Ethiopia appreciates the interest the country’s longstanding international partners have shown in the electoral process of the 6th national elections in Ethiopia. The government also took note of the importance of conducting honest reflection on the successes, challenges, and shortcomings of the 6th general elections to have improved future elections.
25 Jun 2021
Press statement on the concerns of partners and friends on the 6th General Elections in Ethiopia
The Brief is a bi-weekly publication from the Ethiopian Embassy in London covering current affairs in Ethiopia. This week's issue covers Ethiopia’s 2021 national elections and Col. Getnet's briefing on the Togogo airstrike. Subscribe to our mailing list to receive The Brief in your inbox.
25 Jun 2021
The Brief – 25.06.21
In a letter sent to the president of the United Nations Security Council (UNSC) on Wednesday (June 23), Ethiopia rejected the latest attempts made by Egypt and Sudan to seeking the involvement of the Security Council over the GERD issue outside of its mandate.
25 Jun 2021
Ethiopia calls on UN Security Council to encourage Sudan and Egypt to respect the AU-led process and negotiate in good faith over GERD