The EU-Ethiopia Business Forum opened on Thursday (October 2) in Addis Ababa with the aim of identifying ways to improve the business landscape in Ethiopia. The conference, under the theme of “Enhancing the Investment and Business climate in Ethiopia,” is organized by the EU Business Forum-Ethiopia (EUBFE) in association with the EU Delegation to Ethiopia and the ACP Business Climate Facility.
It brings together Ethiopian Government representatives, European Union Delegation and Member States officials as well as members of the business community in Ethiopia it. The organizers noted that the EU was one of key partners of Ethiopia in business and investment with some 300 European companies investing in Ethiopia.
They said aid the conference would showcase “best practices in the fields of FDI promotion and challenges of licensing procedures as well as the changes that the Government of Ethiopia has made and plan to make in the future, in order to attract more FDI to Ethiopia.” Chris de Muynck, Chairman of the EUBFE, said there was a lot of foreign investment coming into Ethiopia but Europe was still one of the bigger investors in the country. The EU Business Forum in Ethiopia aims to make it easier for existing EU companies to do business in Ethiopia.