Indian ICT companies express interest to invest in Ethiopia

Addis Ababa, August 16, 2022 (FBC) – The Ethiopian Investment Commission (EIC), in collaboration with the FDRE embassy in India and the Indian Economic Trade Organization, delivered a virtual conference aimed at attracting Indian companies that specialized in information technology enabling services. 

Ambassador Tizita highlighted government support and reform, existing collaboration, government readiness, and existing enablers of investment. Deputy Commissioner of EIC, Mr. Daniel, also reaffirmed the unwavering government commitment to encourage investors in the sector.

At the conference, existing investment support for the sector, opportunities of the ICT park, national infrastructure, and demand features are presented to investors. 

Companies with varying levels of ICT sector operations from the ICT hubs of Bangalore, Hyderabad, Mumbai, and Kashmir have presented respective interests and product specializations.