Jordan's Ambassador to Ethiopia, Amjad Mumin, praised Ethiopia's efforts to improve the business environment, particularly in the investment sector. According to relevant data, the Ethiopian government is committed to optimizing the business environment and actively attracting foreign investment. In 2024, Ethiopia's FDI inflow is expected to rise from $3.26 billion in 2023 to $3.59 billion. In 2019, Ethiopia ranked first among East African countries and fifth among African nations in FDI inflows. Currently, over 10,000 Chinese enterprises have invested in Ethiopia, making China its largest trading partner. Today, Jordan's Ambassador to Ethiopia, Amjad Mumin, held talks with Zelake Temesgen, Chairman of the Ethiopian Investment Commission. According to the Investment Commission, the ambassador also expressed Jordan's desire to elevate economic relations with Ethiopia to a higher level and emphasized the importance of strengthening ties between the private sectors of both countries. Zelake, a commissioner of the Ethiopian Investment Commission, detailed the country's ongoing economic reform measures and initiatives to create a more attractive and competitive investment environment to attract global investors. In this regard, he highlighted extensive investment opportunities in key sectors such as industry, agriculture and agro-processing, renewable energy, tourism, and services. The commissioner also noted Ethiopia's major steps to further improve the investment climate, including streamlining service processes and enhancing the development of electronic systems to provide investors with efficient and timely services.
