Ethiopia Declares Itself "Ready for Business" at the 4th Invest in Ethiopia High-Level Business Forum 2026

Published: March 26, 2026

ADDIS ABABA, Ethiopia — March 26, 2026 — The 4th Invest in Ethiopia High-Level Business Forum 2026 officially opened today at the Skylight Hotel in Addis Ababa. The two-day event, themed “Ethiopia is Ready for Investment,” has convened over 800 international participants, including global investors, policymakers, and business leaders, to explore the nation’s rapidly expanding economic landscape.

The forum is co-organized by the Ethiopian Investment Commission (EIC) in collaboration with the Ministry of Finance and development partners. It serves as a strategic platform to showcase Ethiopia’s commitment to a private sector–led vision and its transition from policy dialogue to tangible delivery.

In his keynote address, H.E. Ahmed Shide, Minister of Finance, emphasized that Ethiopia is entering a transformative era driven by "bold and far-reaching reforms". Central to this is the Home-Grown Economic Reform Program, which has introduced a market-based exchange rate system, modernized tax administration, and digitized government services to reduce administrative barriers.

"The reform momentum is real, irreversible, and designed with the investor in mind," stated Minister Ahmed Shide. He further noted that the government is actively opening critical sectors—including telecom, banking, and wholesale and retail trade—to foreign competition to foster a more resilient and open economy.

Representing the international community, H.E. Maria Tripodi, Italy’s Vice Minister of Foreign Affairs and International Cooperation, lauded Ethiopia’s progress toward WTO accession and regulatory modernization, which she noted is creating a more stable and attractive climate for global partners. Similarly, H.E. Ambassador Berhanu Tsegaye invoked the principle of “Medemer”—synergy through unity—calling for collective efforts to achieve shared prosperity.

H.E. Zeleke Temesgen (PhD), Commissioner of the Ethiopian Investment Commission, urged attendees to move from "promise to performance". The government has pledged to facilitate this transition through improved foreign exchange access, targeted sector incentives, and the development of capital markets.

"Ethiopia is not only open for business but actively inviting investors to become part of a transformative growth journey built on trust and innovation," added Minister Ahmed Shide.

The forum showcased Ethiopia’s diverse opportunities and strategic advantages, emphasizing its standing as one of Africa’s top investment destinations. With a population exceeding 130 million, Ethiopia boasts a vibrant and youthful workforce that offers immense potential for growth. Its strategic location serves as a vital bridge connecting Africa with the Middle East, Europe, and Asia, making it an ideal hub for regional and global trade. 

 

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