Addis Ababa, June 30, 2025 (FMC) — Ethiopia’s newly drafted Investment Promotion Strategy (2025–2030) seeks to reposition the country’s investment framework by identifying and prioritizing high-potential sectors to strengthen economic competitiveness, according to the Ethiopian Investment Commissioner.
A validation workshop on the strategy was held today in Addis Ababa, bringing together stakeholders from public institutions, development partners, and the private sector.
Speaking at the event, Ethiopian Investment Commission (EIC) Commissioner Zeleke Temesgen said Ethiopia has undertaken significant reforms in recent years to improve the investment climate and attract quality investment. To ensure the success of these reforms, he noted, revising the country’s investment promotion strategy has become essential.
“The new strategy is designed to reinforce institutional capacity, rebuild investor confidence, and promote sustainable, targeted investment,” the Commissioner stated.
Zeleke emphasized that Ethiopia is shifting from a broad, generalist investment promotion approach to a more focused model, zeroing in on sectors and sub-sectors with the greatest potential impact.
“The draft strategy is expected to play a key role in shaping foreign direct investment flows over the next five years,” he said. “Its timing is crucial as Ethiopia deepens economic liberalization and opens up key sectors. It reflects a collective commitment to aligning institutions, policies, and operational mechanisms in order to attract and retain investment that generates jobs, fosters innovation, and supports inclusive growth.”
He also underlined the importance of coordinated action across government bodies, calling on implementing institutions to ensure coherence, inter-agency collaboration, and readiness for execution.
The validation session aims to ensure that institutional mandates, policies, and coordination mechanisms are fully aligned with the strategy’s goals, while also identifying urgent legal and procedural reforms needed for implementation.
Moreover, Zeleke noted that the workshop offers a platform to build synergies between government, development partners, and the private sector, and to explore avenues for technical, financial, and policy support.
According to the Commissioner, the Investment Promotion Strategy (2025–2030) will be finalized and operationalized following the integration of stakeholder feedback collected during the validation process.