The Ethiopian Embassy in Canada had organized a Business Forum in Toronto on January 17, 2020. The aim was to promote investment opportunities in Ethiopia for Canadian businessmen, according to the Spokesperson Office of the Ministry of Foreign Affairs of Ethiopia.
The Ministry of Economic Dev’t, Job Creation & Trade of Ontario and the Canadian trade commissioner service have partnered with the Ethiopian embassy in organizing the forum.As many as 40 investors and business personnel have participated in the event, according to the Ministry’s spokesperson.
During the event, Ethiopian Ambassador to Canada, Nasise Challi, highlighted what she called “untapped investment and trade opportunities” in the areas of agro-processing, infrastructure development, manufacturing, Power generation, ICT & telecommunications, PPP in various sectors, Hotel & Tourism, Consultancy service, among others.
Ethiopia’s big domestic market, regional and continental trading blocs, easy connection to Ethiopia (via Ethiopian Airlines which directly fly to Addis Ababa from Toronto three times a week), and other comparative advantages are among the things that make the time right to invest in Ethiopia, as highlighted by the Ethiopian Ambassador.
