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Tuesday, June 25, 2024

Ethiopia: Indian Corporations Invited to Seize Funding Alternatives in Ethiopia

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Addis Ababa — Ethiopian Ambassador to India, Demeke Atnafu referred to as on Indian firms to additional put money into Ethiopia and seize the untapped enterprise alternatives within the east African nation.

Ambassador Demeke addressed the CII Gujarat State Annual Session on Alternatives in Africa, by presenting enterprise and funding alternatives in Ethiopia, based on the Ethiopian Embassy in New Delhi.

The ambassador underscored that Ethiopia is a most well-liked vacation spot for funding.

Demeke additional elaborated the constructive elements comparable to conducive financial local weather, favorable market, plentiful younger and educated labor power, wealthy and various pure assets, least expensive electrical energy and water charge in addition to sheds at nominal charge at industrial parks.

Furthermore, he elucidated intimately ample alternatives present in agriculture and agro-processing, manufacturing, mining, ICT and tourism sectors and invited firms to put money into these and different rising sectors comparable to telecom, finance, transport and logistics, well being and housing improvement.

The session was attended by greater than 110 enterprise leaders drawn from various trade sectors, it was discovered.



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