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UK Envoy discuses investment opportunities with Ethiopian officials

Addis Ababa, December 18, 2019 (FBC) – The UK Envoy for the UK-Africa Investment Summit, Philip Parham held talks with Ethiopian officials here today.

He met with Dr Aklilu Hailemichael State Minister of Foreign Affairs, Dr.Seleshi Bekele, Minister of Water, Irrigation and Energy, and Abebe Abebayehu Ethiopian Investment Commissioner to discuss investment opportunities and increasing trade between Ethiopia and the UK.

During his meeting with Dr Aklilu, the two exchanged views on the UK-Africa Investment Summit, scheduled to take place in London on 20 January 2020.

Parham said the Summit will bring together political leaders, business representatives and investors from the UK and African countries.

He further said the event will create partnerships that will deliver more exports, jobs and economic growth, of benefit to both the Ethiopian and British economies.

The Envoy invited Ethiopia to participate at the summit.

Dr Aklilu for his part said such kinds of summit would play a key role to tackle investment barriers and increase investments.

The State Minister briefed the UK Envoy about the conducive investment opportunities and invited more UK investors to invest in Ethiopia.

The UK Envoy also held discussion with Dr. Seleshi Bekele, on opportunities to invest in renewable energy in Ethiopia.

The discussion with Abebe Abebayehu, Commissioner of the Ethiopian Investment Commissioner focused on potential investment opportunities between Ethiopia and the UK.

“Ethiopia is one of the fastest growing economies in the region presenting an exciting opportunity for investment,” he said.

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