Massive Economic Reform Initiatives Make Business in Ethiopia Attractive: State Minister - ENA English
Massive Economic Reform Initiatives Make Business in Ethiopia Attractive: State Minister

Addis Ababa, October 21, 2025 (ENA) - Ethiopia is becoming an increasingly attractive investment destination, especially in agriculture, manufacturing, infrastructure and mining, Trade and Regional Integration State Minister Endalew Mekonnen said.
The Ethiopia-China (Shaanxi) Economic and Trade Cooperation Exchange Conference was held in Addis Ababa today.
Addressing the conference, State Minister Endalew noted that the country is becoming an attractive investment destination, further revealing that the African Continental Free Trade Area (AfCFTA) is also instrumental in strengthening regional integration and market access.
“We are also proud to have commenced exports under the AfCFTA framework as of October 9, 2025, strengthening regional integration and market access.”
According to the State Minister, China and Ethiopia share deep-rooted and strong relationships, adding that the government sees China as a valuable partner in building sustainable growth across Africa.
For him, the conference is more than a meeting. It is a platform to deepen economic ties, expand the business opportunities, and address shared challenges.
On his part, Investment Commissioner Zeleke Temesgen said Ethiopia has been carrying out endeavors in attracting quality foreign direct investment that meets the nation's core investment objectives.
For the commissioner, the Ethiopian government has opened various economic sectors to broaden the participation of foreign investors in the economy.
Ethiopia is also offering highly competitive incentives to foreigners and domestic investors, the commissioner noted.
Highlighting that the country's business climate has been thriving following the transformative economic reform, he urged Chinese investors to invest in Ethiopia's manufacturing, ICT, mining, and renewable energy sectors.
During the occasion, Chargé d'Affaires of the Chinese Embassy in Ethiopia, Sun Mingxi, reaffirmed that China is ready to further elevate the partnership of two countries into a new level.
Similarly, Middle East, Asia and Pacific Countries Director-General at the Ministry of Foreign Affairs, Dewano Kedir, said Ethiopia and China are enjoying all-weather partnership, emphasizing that China remains the largest trading partner of Ethiopia.
Ethiopia and China are enjoying an "all-weather strategic cooperation partnership" which has elevated their relationship marked by deep collaboration in infrastructure, trade, and development, among others.