Ethiopia attracts $1.2B foreign investment with COMESA membership and reforms.

Ethiopia's investment appeal is boosted by its membership in COMESA, a 21-nation economic community with a combined GDP of $1 trillion and access to 640 million people. Recent reforms, including liberalizing business sectors and joining the AfCFTA, have attracted nearly $1.2 billion in FDI. The reforms aim to streamline business processes and open new investment areas, positioning Ethiopia as a strategic African hub.

5 weeks ago
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