The 3rd UK-Ethiopia Trade & Investment Forum Kicks Off in London
Co-organized by the Ethiopian Embassy in London, WAFA Marketing and promotion and Digital Marketing Association (DMA), the third UK-Ethiopia Trade and Investment Forum Kicked off in London this morning (Nov 3, 2022).
The forum which was graced by H.E. Gebremeskel Challa, Minister of Trade and regional integration, aims to promote the lucrative investment opportunities in #Ethiopia and serve as a venue for UK investors to take business decisions.
The event has brought together more than one hundred investors. The Forum also served as an important platform for Business-to-business (B2B) and Government-to-Business (G2B) sessions.
The Minister of Trade and regional integration, in his keynote speech, recalled that the UK was among the first countries to open an embassy in Addis Ababa, while Ethiopia is the first African country to open an embassy in London.
While noting that yesterday’s peace accord signed in South Africa will open a new down for Ethiopians and lay a foundation for trade and investment, the Minister said, “Now is the right time to invest in Ethiopia.”
With the Home-grown economic reforms in Ethiopia, the Minister said the country is opening up huge space for the private sector.
The Minister further emphasized the fact that increasing the export volume and ensuring the diversity of products remains a priority.
In his welcoming remarks, Ambassador Teferi Melesse on his part underlined that Ethiopia, as the second most populous country in Africa with more than 115 million people, has the most promising commercial opportunities in agriculture and Agro-processing, infrastructure, energy, aviation, health care, and Tourism sectors.
The Ambassador said apart from privatizing the Telecom sector, #Ethiopia is opening up its financial sector to foreign investors.
In such score, he encouraged the #UK investors to seize the lucrative investment opportunities in Ethiopia.
The 3rd UK-Ethiopia Trade and Investment Forum included a handful of key presentations, including Investing in Renewable Energy & Mining, Growth-Sectors-ICT, Pharmaceuticals & Medical Supplies & Spotlight on Trade and Infrastructure.
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