Embassy leverages India-Africa Business Conclave to promote investment opportunities in Ethiopia

Addis Ababa, July 24, 2024 (FBC) – Ambassador Bzunesh Meseret, Deputy Head of Mission at the Ethiopian Embassy in New Delhi, took part in India-Africa Business Conclave 2024 (2nd Edition) which was held in Ahmedabad City, Gujarat State, India, a few days ago.

Ambassador Bzunesh on the occasion delivered a presentation on the Ethiopian business and investment opportunities with special focus on priority sectors such as agriculture and agro-processing, manufacturing, ICT, mining and tourism.

She also elaborated market access, land, labour force, specialized economic zones, integrated infrastructure, fiscal and non-fiscal incentives, economic reforms including privatization and liberalization of financial and telecom sectors as favourable economic factors of the burgeoning investment in her country.

Ambassador Bzunesh also extended an invitation to Indian companies to explore the enticing investment opportunities in Ethiopia.

The Conclave was organized by Global India Business Forum (GIBF) to bolster bilateral trade and investment partnerships between African countries and India. The event gathered more than 400 Indian companies, and the Embassy interacted in one-to-one meetings with more than 80 companies.

It was stated that the Ethiopian Embassy and GIBF have agreed to further collaborate on promoting Ethiopian business and investment opportunities.