S. Africans keen to investment in Ethiopia

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Addis Ababa, 7 June 2014 (WIC) - The reliable peace and fast economic growth in Ethiopia is conducive for investment, said South African business people and investors.

The investors discussing with the Ethiopian Premier, Hailemariam Desalegn in Addis Ababa said that because of this conducive environment, they want to invest in Ethiopia.

They expressed their interest particularly to invest in agriculture which has untapped potential, in addition to contributing to technology transfer in this sector.

Prime Minister Hailemariam Dasalegn briefing them on investment opportunities in Ethiopia said that what these business people interested in were the country’s priority areas.

Ethiopian ambassador to Pretoria, Mulugeta Kelil said that because of the work done promoting the Country’s investment opportunities there; it has been possible to attract big South African companies to Addis Ababa. (ERTA)