(Photo: awrambatimes.com)Turkish companies have created over 10,000 jobs in Ethiopia, making them one of the leading foreign investors in the troubled horn of Africa country on the back of deepening financial and political relations between the two nations. The horn of Africa nation is the biggest recipient of Turkish Foreign Direct Investment (FDI) on the continent, attracting $2.5 billion of the total $6 billion by May. “Currently, many Turkish companies have started their production and created more than 10,000 permanent jobs for Ethiopian citizens and their total capital reaches to $3 million,” Ayalew Gobezie, Ethiopia’s ambassador to the European nation told Anadolu Agency in Ankara, Turkey. It provided $350, 000 worth in food aid to the state of Afar, Ethiopian News Agency reported. They agreed to set up the embassies in Addis Ababa and Ankara respectively, after sealing land deals for their construction.

Source: Ethiopian News November 24, 2016 12:45 UTC