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Belgian investors invited to seize investment opportunities in Ethiopia

Addis Ababa, March 29, 2024 (FBC) – Belgian investors have been invited to explore investment opportunities in Ethiopia at the “ETHIOPIA TAMRIT EXPO 2024” promotion event held in Brussels in collaboration with the CBL-ACP

Ethiopian Ambassador to the Benelux countries and the European Union, Hirut zZemene Kassa, and Mr. Thomas De Belue, Secretary General of the Chamber of Commerce and Industry and Agriculture Belgium-Luxembourg, Africa, Caribbean, Pacific(CBL ACP) jointly led the business seminar held on 28th March. The CEO of the CBL- ACP Mr. Tanguy Briey has also graced the event by addressing the audience.

In her welcoming remarks, Ambassador Hirut Zemene urged participants to rededicate efforts in fostering the business links between Ethiopia and Belgium at the level that matches the 118 years diplomatic relations.

She also encouraged participants to partake in the upcoming ‘’ETHIOPIA TAMIRT EXPO 2024’’ to be held in Addis Ababa from 9th to 13th May 2024 and explore opportunities to do business in the manufacturing sector.

An in depth brief was also made by Mr. Terefe Dida, from the Business Diplomacy Department at the Embassy of Ethiopia in Brussels on why Belgian businesses should eye Ethiopia as an investment destination.

Dr. Fasika Mekete, representative of the Ministry of Health of Ethiopia, also gave an extensive brief on opportunities to invest in the pharmaceutical sector in Ethiopia.

Mr. Jonathan Seys, from Ebury, a financial institution in Belgium, shared his views on the overall economic situation in Ethiopia.

Highlights of “ETHIOPIA TAMIRT EXPO 2024’’ were also presented by Mr. Yonas Mekuria, the representative of the Ministry of Industry of Ethiopia.

The event brought together representatives of trade and investment bureaux, business representatives from the Healthcare, Agro-investment, Pharmaceutical Construction, Energy, and Oil & Gas as well as consultancy firms.

Secretary General Thomas De Belue, made a concluding remark at the event by encouraging participants to strengthen the business link between Ethiopia and Belgium and thanking partners and sponsors of the event.

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