UK commends Ethiopia’s ambitious vision to position itself as a prime destination for int’l investmentUK commends Ethiopia’s ambitious vision to position itself as a prime destination for int’l investmentAddis Ababa, October 9, 2024 (FBC) – Eyob Tekalgn, Ethiopia’s State Minister of Finance, Brook Taye CEO of Ethiopian Investment Holdings and Hana Teklu, Director General, Ethiopian Capital Market Authority; held bilateral discussions with Nick Dyer, Permanent Under-secretary at the UK’s Foreign, Commonwealth & Development Office (FCDO) and British International Investment (BII) in London. During the meeting, Eyob updated Mr. Dyer on Ethiopia’s recent foreign exchange and economic reforms aimed at creating a more conducive environment for foreign investment. Mr. Dyer commended Ethiopia’s ambitious vision to position itself as a prime destination for international investment and acknowledged the Ethiopian government’s “necessary, yet not easy decision” in pursuing these essential reforms. State Minister Eyob also met with British International Investment (BII) officials, discussing new investment opportunities emerging from the recent reforms and soliciting insights on the challenges BII has faced in Ethiopia. BII expressed appreciation for the critical reforms undertaken and highlighted areas where they need further support, according to the Embassy of Ethiopia in London.

Source: Ethiopian News October 09, 2024 18:32 UTC