Ethiopia invites global investors at UK-Africa Forum amid economic reform

Addis Ababa, April 10, 2025 (FMC) – The Embassy of Ethiopia in London took part in the UK-Africa Business Forum 2025, held on April 9, under the theme “Strengthening UK-Africa Trade, Investment, and Partnerships to Promote Sustainable Economic Growth.”

Ambassador Lelisa Birhanu, Deputy Head of Mission at the Ethiopian Embassy in London, delivered a keynote speech highlighting Ethiopia’s recent economic reform agenda, which prioritizes private sector-led growth as a strategic shift in the country’s development model.

He emphasized Ethiopia’s commitment to economic liberalization, including the opening of the banking sector to foreign investors and the establishment of the Ethiopian Securities Exchange (ESX)—the first stock exchange in over five decades.

Addressing challenges in the financial sector, the Ambassador underlined the government’s bold macroeconomic reform to ease foreign exchange shortages. These reforms aim to improve the balance of payments, attract foreign direct investment, and boost exports.

He noted that the reforms are focused on addressing longstanding economic constraints, enhancing productivity, and creating a more conducive environment for investment and private sector engagement.

Ambassador Lelisa also extended an invitation to all stakeholders to attend the upcoming “Invest in Ethiopia – High-Level Business Forum (HLBF),” scheduled for May 12–13, 2025, at Skylight Hotel in Addis Ababa.