The Government of Ethiopia has invited Kenyan companies to invest in Ethiopia’s energy and aviation sector. “…The opportunities are now wide open for Kenyan companies to invest in both energy and aviation in Ethiopia,” Prime Minister Abiy Ahmed of Ethiopia, said this morning opening Kenya – Ethiopia Trade and Investment Forum in Addis Ababa. Like banking and telecom, the aviation and transport sector of Ethiopia has not been open for foreign investors so far. In his remarks PM Abiy highlighted the opening up of the country and the economic reforms underway as a catalyst for strengthening Ethiopia -Kenya trade relations. “The LAPSSET project brings great promise to transform our countries and improving the living conditions of pour people,” he said.

Source: News Business Ethiopia March 01, 2019 14:26 UTC