Private-Sector Confidence Grows as Foreign Investment Climbs

Aug 23 , 2025


[ssba-buttons]

Ethiopia attracted four billion dollars in foreign direct investment during the 2024/25 fiscal year, up 2.2 percent from the previous year. The investment authority credited policy reforms, digitised services, and broader access to strategic sectors for the growth. Authorities issued 544 new and expansion permits, with foreign investors taking the largest share. The import-export trade sector, recently opened to foreign participation, secured 61 licenses. Fourteen industrial parks were upgraded to Special Economic Zones, generating 123 million dollars in export earnings. Local industries substituted imports worth one billion dollars. The "Invest in the Country" forum drew 1.6 billion dollars in commitments from 700 investors. Officials said legal reforms and public-private dialogues are boosting confidence in private-sector-led growth.


Radar

State-Owned Enterprises Deliver, But Fund Seeks More from Underperformers

Ethiopian Investment Holdings (EIH), the country's sovereign wealth fund, closed its annual performance review with a mix of strong gains and lingering concerns across its portfolio of state-owned enterprises. Ethiopian Shipping & Logistics led the year with 4.5 million tons of cargo, driving revenues up 90pc and doubling pre-tax profit. Sugar production from Wonji Shoa, Metehara, and Fincha climbed 34.8pc to 163,290 tons, nearly doubling revenues to 15.6 billion Br, though EIH flagged ch...


Radar

MIDROC Cocoa Drive, Local Production Focus on Value Addition

MIDROC Investment Group is placing a bold wager on cocoa in the lowlands of Sheka. Building on extensive trials at the Bebeka Coffee State Farm, the company has introduced globally prized Forastero, Trinitario, and Criollo varieties alongside coffee. "The results are astonishing," said General Manager Beshada Worku, pointing to international prices that range from 8,200 to 14,000 dollars a ton. The project's first phase covers 50 hectares, with 44,000 seedlings already planted. Expansion to ...


Radar

Bureau Maps Out 1,700 Land Rights in a Month

The Rights Registration & Holding Service Directorate under the Bureau of Land Development & Administration prepared over 1,700 landholding certification maps in a single month. The update came during the bureau's July performance review, which measured progress against the upcoming fiscal year's targets. Director Tesfamichael Endale said efforts are being scaled up to give farmers secure land rights and quicker certification. Deputy Head WendwossenBanjaw added that the priority ahead...