South African companies keen to invest in Ethiopia

South African investors and representatives of companies have expressed their readiness to invest in Ethiopia and do business with.

A South African business delegation comprising 22 investors and representatives of companies are currently in Ethiopia to explore investment potentials and opportunities in the country, particularly in manufacturing, agro-processing, energy and construction sectors.

State Minister for Foreign Affairs, Dr. Aklilu Hailemichael met with the South African Business Delegation on Monday (March 6, 2017) and briefed them on investment prospects in Ethiopia. 

Dr. Aklilu  underscored that the delegation's current move will promote Ethiopia's aspiration to boost the intra Africa trade and enhance south-south cooperation.

He said, "Ethiopia attracts investors from China and Turkey as well as the US and Europe; nevertheless we would like to also promote south-south economic cooperation between African countries."

Touching upon the huge investment potentials in Ethiopia, the State Minister said, "Ethiopia's geographic location, its active membership in regional and bilateral trade agreements, including various other platforms with the U.S, EU and COMESA region, and the favorable investment policies make it an attractive investment destination."

Ethiopia's young and productive work force which accounts for 60 percent of the population also offers significant comparative advantages to investors, he added.

Prime Minister Abiy Ahmed met with his Italian counterpart, Giuseppe Conte, in Rome on January 21/2019

Premier Abiy also made a courtesy visit with President of the Italian Republic, Sergio Mattarella at Quirinal Palace.

Recounting the historical relationship between the two countries, the leaders discussed to enhance the existing cooperation in key social and economic areas of development.

President Mattarella praised the changes that are taking place in Ethiopia and its role in the process of integrating the Horn of Africa.

He was paid an official visit to Ethiopia on 15 March, 2016 while Prime Minister Conte made his visit on October 11, 2018.

Ethiopia and Italy has a long standing diplomatic relation, it was learned.

With its distinctive religious ritual festivity, Ethiopia’s Timket (Epiphany) is most fascinating cultural celebration where “everyone must see”, foreign visitors said.

On January 20/2019, hundreds of foreign visitors blended with millions of Ethiopian Orthodox Christians colorfully celebrated the annual Ethiopian Timket (Epiphany) throughout country.

The visitors, who were participating on the Timket festivity at Jan meda in Addis Ababa, said the feast of Timket (Epiphany) is among the largest and unique festival of the year in Ethiopia, which draws a lot of tourists to the country every year.

An Israeli young man, David Sudai, praised the Epiphany festivity in Ethiopia as “impressive in which people need to come and see it.”

“Very impressive, different, never see it in my life, people should come to get the correct impression. The number of people, the way they all dressed is an attracting one. I am not a Christian, am Jewish but I am very impressed by the overall Epiphany celebrations here,” David Sudai described it.

A Swedish Ulrika Hurden, who came to Ethiopia with her husband Klasse Sahlen for the first time, said the Timket festivity is “incredibly remarkable.”

“I am very impressed with everything I have seen here a lot of kind people and the traditional religious ceremony is interesting to see and all people doing the same thing,” she said, adding that “I dressed this (traditional Ethiopian dress) to be part of the celebration and it seems bright to wear.”

Large number of people with colorful cultural attires, songs and dances on the top of the religious rituals attract her attention, she said, adding that “come and experience such ceremonies and historical sites in Ethiopia,” signifying her friends to take part in the upcoming festivity of Timket.

Doris Johnson, a Swiss by national, has lived in Ethiopia for the last five years and celebrates the Timket festivity in Addis Ababa every year with her family.

“This is my favorite celebration in Ethiopia; people here are so kind, friendly and sociable. We gather in my husband’s house with family chat and even walk together to churches,” she added.

A German, Christoph Ruoppy, said on his part the ceremony is unique, impressive and called up on friends and others to see it next year.

“I enjoyed it as you can see it around the dressings; singings and the baptism are impressive. It is really unique, we do not have such a celebration in our country by far and the amount of people who come for this religious celebration is impressive. I recommend for everybody to come and at least see it once in Ethiopia,” he said.

He has also celebrated Timket in other part of Ethiopia ‘Merabete’ three years ago but he said “the number of people in Addis is enormous”.

More than15, 000 tourists, from different countries, have arrived in Ethiopia to celebrate this year’s Timket (Epiphany) festivities, it was learned.

Prime Minister Abiy Ahmed has condemned the attack on innocent civilians in Nairobi, Kenya.

Suspected terrorists have attacked a luxury hotel complex in Nairobi and killed at least 15 people on 15th January 2019.

The premier strongly condemned the senseless violent attacks committed on innocent civilians.

He expressed his condolences to the families of the bereaved and to all Kenyans in this time of mourning.

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Prime Minister Abiy Ahmed discussed on Ethiopian foreign policy with diplomats today (January 14), in which he urged diplomats to take note of regional and global trends to ensure there is alignment of thought and practice among themselves grounded in clarity of Ethiopia’s foreign policy.

The Premier also highlighted the role of diplomats to act in service to Government policy, understand policies of countries of posting and maintenance of the rights of Ethiopians in mission countries.

The discussions also aim to review the reforms that have been taking place within the Ministry and in Ethiopia’s foreign policy.

Prime Minister Dr Abiy Ahmed will confer with more than 60 Ethiopian ambassadors and diplomats who are called for briefing on January 11/2019.

The week long discussion will focus on the diplomatic achievements over the past 10 months, the newly appointed Spokesperson of the Ministry of Foreign Affairs (MoFA), Nebiat Getachew said.

Protecting dignity of Ethiopians in Diaspora, thriving economic diplomacy and the ongoing reform are on the top of the agenda during the meeting with Prime Minister Abiy, he stated.

Meanwhile, Ministry of Foreign Affairs will organize ‘Ethiopian Culture Day’ tomorrow to let African diplomats know more about Addis Ababa as it is the capital of Africa.




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