Norwegian Investors Eye Ethiopia’s E-Mobility, Green Investment Opportunities

Addis Ababa, June 3, 2026 - Norwegian investors have expressed strong interest in Ethiopia’s growing e-mobility and green investment sectors, according to the Ethiopian Investment Commission (EIC).

EIC Commissioner Zeleke Temesgen met yesterday with a Norwegian delegation led by Norwegian Ambassador Stine Christensen to discuss ways of strengthening investment cooperation between the two countries.

 

According to the commission, the discussions focused on green investment, renewable energy, electric mobility, and broader efforts to promote sustainable economic development.

During the meeting, Zeleke highlighted the Ethiopian government's ongoing efforts to improve the national investment climate.

 

 

He noted that reforms include opening additional sectors to private investment, establishing institutions that support investment activities, and introducing investor-friendly laws and regulations aimed at creating a transparent and predictable business environment.

The commissioner also emphasized that Ethiopia has adopted favorable policies to accelerate the development of e-mobility and is investing in the infrastructure required to support electric transportation.

He encouraged Norwegian investors to explore opportunities in the sector and take advantage of the country's evolving investment landscape.

Ambassador Christensen said Norwegian investors are eager to invest in Ethiopia, citing Norway’s extensive experience in green economy policies, renewable energy development, and electric mobility.

 

 

The two sides also reviewed preparations for the upcoming Nordic-Africa EV Summit, which is scheduled to take place in Addis Ababa in September.

The summit is expected to bring together government officials, investors, industry leaders, and development partners from Africa and the Nordic countries to discuss electric vehicles, clean transportation systems, and sustainable mobility solutions.

The discussions underscored growing opportunities for collaboration between Ethiopia and Norway in renewable energy, green investment, and sustainable transport, leveraging Norway’s expertise in green technologies and e-mobility alongside Ethiopia’s ongoing economic reforms and sustainability ambitions.