Ethiopia is more ready than ever to attract foreign investment – EIC

Addis Ababa, June 2, 2025 (FMC) – Ethiopia is more prepared than ever to welcome foreign investment, according to Mr. Zeleke Temesgen, Chief Commissioner of the Ethiopian Investment Commission (EIC).

Delivering opening remarks at the Ethiopia–Belgium–Luxembourg Business Forum in Addis Ababa, the Chief Commissioner highlighted that Ethiopia has undertaken over 80 legal and regulatory reforms as part of its homegrown economic reform agenda.

“These reforms have created a more favorable and accessible investment environment, enabling the smooth implementation of investment projects,” Zeleke said. He emphasized that the government is closely working with all stakeholders to further enhance Ethiopia’s competitiveness as an investment destination.

The Commissioner also reaffirmed that the EIC is working to ensure that investors receive streamlined and transparent services, helping them navigate the local business landscape with confidence.

The forum featured presentations on Ethiopia’s growing investment opportunities. Trade between Ethiopia and Belgium is increasing at a rate of 12 percent annually, with Belgian investors already active in sectors such as manufacturing, agro-processing, and infrastructure development.