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Ethiopia’s multifaceted cooperation with UAE continues to be strengthened: PM Abiy

Addis Ababa, January 16, 2022 (FBC) – In his remark at the Abu Dhabi Sustainability Week, Prime Minister Abiy Ahmed stated that Ethiopia’s multifaceted cooperation with the United Arab Emirates continues to be strengthened in many sectors.

“The Governments of Ethiopia and UAE have a strategic partnership that aims to bolster trade and investment between the two countries.”

“As Ethiopia looks to unlock its vast resources and assets through investment, we are inspired by UAE’s success in building institutions that bring the best of global good practices for rigor and accountability.”

The strategic investment arm of the Government of Ethiopia, the Ethiopian Investment Holdings, is working closely with multiple Institutional investors of the UAE to explore opportunities in Ethiopia across renewable energy, real estate and agriculture, according to the Prime Minister.

“This bilateral engagement has the potential to serve as a model for catalytic partnerships between developing and developed countries for mutual betterment. Our partnership rooted in trust, respect and a mutual growth aspiration, is bearing many fruits. I have no doubt that it will continue and expand.”

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