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Ambassador Seleshi Bekele sheds light on flourishing investment opportunities in Ethiopia

Addis Ababa, December 1, 2022 (FBC) – Ambassador Extraordinary and Plenipotentiary of Ethiopia to the U.S. Seleshi Bekele has shed light on benefits of doing business in Ethiopia in a promotion event held in Los Angeles.

According to the Ambassador, multiple opportunities exist for investors seeking to establish commercial relationships in Ethiopia, and the Ambassador vowed to assist financiers in making those critical connections.

Outlining investment prospects, the ambassador cited “the telecom sector, the energy sector and the agriculture sector are flourishing areas.” He also noted the potential in “the media sector and tourism sector” for African Americans desiring a presence in Ethiopia.

Ambassador Seleshi explained about the myriad of possibilities for doing business in Ethiopia and he urged Black Americans to play their part in strengthening the bond between the U.S. and Ethiopia.

“I would like to see African Americans reap the benefits of investment in Ethiopia,” said the Ambassador, adding that under the administration, banks can establish branches in his country as well as manufacturing companies. In addition, he described Ethiopia as the chosen vacation destination.

“Ethiopia offers a lot for tourists. We have a lot of historical places to visit, many churches and historical monuments, and many endemic animals,” the ambassador said.

“Our Science Museum shows Africa’s contributions in the modern world in astrology and astronomy. In terms of humanity and the origin of mankind, we have the famous Lucy,” shared Ambassador Seleshi referring to the 3.2 million-years-old skeleton considered to be the oldest human fossil.

Most importantly, the Ambassador said, “We’d like to enhance investment in Ethiopia and establish a stronger relationship between the United States and our country.”


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