INVEST Africa, the UK-based leading business and investment platform, will be leading a high-level delegation of investors and businesses to Ethiopia from December 3-5. This comes on the back of the significant interest from international investors in Ethiopia as a result of Prime Minister Abiy Ahmed’s reform agenda.
The delegation will include investors from a range of strategic sectors including agriculture, telecoms, logistics, tourism, mining and power.
Delegates will meet with key government ministers to discuss new avenues for investment and partnership. The bilateral and multilateral meetings facilitated by the trip will aim to drive investment and play an important role as the Ethiopian government moves forward with its economic reform agenda, including the ongoing telecoms licensing process.
The trip has the support of the British government and Jeremy Lefroy, the former UK Trade Envoy to Ethiopia will be in attendance alongside Alastair Long, UK’s Deputy Trade Commissioner for Africa. The delegation will be led by Karen Taylor, CEO of Invest Africa.
‘This Investor Mission, our second to Ethiopia, will be an important opportunity to build on our close relationship with the Ethiopian Government and learn how its ambitious liberalisation and privatisation agenda has progressed. Interest in the Ethiopian market amongst our members has only grown over the last twelve months and I am confident that the trip will provide useful opportunities for new partnerships, deals and acquisitions between delegates and local stakeholders,’ said Taylor.
Lefroy added, ‘Ethiopia is full of opportunity, I am delighted to be joining Invest Africa’s Investor Mission to Addis Ababa as we continue to deepen the trade and investment links between the UK and Ethiopia.’
Invest Africa promotes trade and investment in Africa. The company has a global footprint of more than 400 member companies, comprising multinationals, private equity firms, institutional investors, development finance institutions, professional service organisations, government bodies and entrepreneurs.