Ethiopia launches electronic investment guide

Ethiopia launches electronic investment guide

Addis Ababa, (FBC) –An electronic investment guide (iGuide) to Ethiopia was officially launched today at a ceremony held in Addis Ababa at the United Nations Conference Centre (UNCC).

The web-based investment promotion tool covers a wide range of topics deemed relevant to investment consideration and will serve as the first point of contact for domestic and international companies and businesspeople interested in investing in Ethiopia.

The platform highlights the various investment opportunities in the country and provides information on the costs, laws and regulations related to various aspects of investment, such as business set-up, labour, taxation, and access to land.

Investors may also be interested in contact details of relevant public institutions, official texts of laws and directives, as well as in feedback collected among investors who are already active in Ethiopia.

The iGuide for Ethiopia was developed by the Ethiopian Investment Commission (EIC) in collaboration with the ECA and UNCTAD.

As part of the project, the two UN organizations have provided capacity-building and technical assistance to the EIC staff who will own, manage and update the platform regularly.

Since the beginning of the year, ECA and UNCTAD have jointly launched iGuides in six other African countries, namely the Republic of the Congo, Malawi, Zambia, Nigeria, Madagascar and, most recently, Mauritania.

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