Panel discussion on the impact of the recent Ethiopian Birr devaluation

Posted in Events

On December 8th, 2017, the EUBFE, together with the American Chamber of Commerce in Ethiopia, organised an event to discuss the impact of the recent Birr devaluation.
 
Dr. Yohannes Ayalew, Vice Governor and Chief Economist at the National Bank of Ethiopia, Nora Dihel, Senior Economist at the World bank and Prof. Alemayehu Geda, Lecturer at Addis Ababa University presented their respective views and findings. A lively Q&A followed with members of the business associations.
 
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Investment Policy Dialogue

Posted in Events

On November 29th, 2017, took place the first Investment Policy Dialogue between the Ethiopian administration and foreign business communities. Representatives from the Ethiopian Investment Commission, the National Bank of Ethiopia and from the Main Department for Immigration and Nationality Affairs were present as well as members of the American, Chinese, Dutch, EU, French and Indian business communities.


The two topics at the agenda were (i) improving the allocation of forex and (ii) better immigration procedures. Following initial recommendations made by the business communities in June 2017, both Immigration and NBE came prepared to the meeting offering concrete solutions and commitments. EIC and the business communities also agreed on the steps forward in order to keep this Public-Private Dialogue productive and sustainable.

Intellectual Property rights protection in Ethiopia

Posted in Events

On September 6th, 2017, the EUBFE together with Mehrteab Leul & Associates Law Office, held a session on the protection of Intellectual Property rights under Ethiopian law. Discussions centered on trademarks registration and protection.

European Business Organisation Worldwide Network (EBOWWN)'s Annual General Assembly

Posted in Events

The EUBFE participated from June 19 to June 21 to EBOWWN's AGM where its application to become a member of the organisation was accepted. By joining EBOWWN, the EUBFE will benefit from best practices sharing, will establish itself as the official representative of the EU business community in Ethiopia and will be able to raise important issues faced by EU businesses in developing countries. More information on EBOWWN can be found on its website (wwww.ebowwn.eu)
 
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EUBFE 1st Thematic Breakfast

Posted in Events

On June 14th, 2017, the EUBFE held its first Thematic Breakfast, at the Ramada Addis. The Guest Speaker, H.E Dr. Yohannes Ayalew - Chief Economist and Vice Governor of Monetary Stability at the National Bank of Ethiopia (NBE) presented the view of the NBE on FOREX, notably regarding: (i) current conditions; (ii) considered solutions by the NBE to improve the situation; and (iii) forecast for the short to medium-term. A lively Q&A session followed.
 
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EUBFE Official Launching

Posted in Events

On March 29th, 2017, the European Union Business Forum in Ethiopia (EUBFE) celebrated its official launching, following its formal registration as 'Foreign Investors Association' under Ethiopian law. The registration shall facilitate the work towards achieving EUBFE's main mission: to improve the business environment in Ethiopia in order to enhance commercial and economic ties between the EU and Ethiopia.
 
The EUBFE was initially established in 2012, with the support of the EU Delegation to Ethiopia, in response to the need for (i) a sustained dialogue between the EU business community and the Ethiopian authorities; and (ii) a platform for networking and information-sharing between EU businesses. Over the past five years, the EUBFE has become a respected unified platform of EU investors in Ethiopia, an excellent source of information for existing and potential EU investors, and has become increasingly engaged in an open and constructive dialogue with the Ethiopian government on systemic issues affecting the business climate in the country.
 
In order to celebrate this new chapter in the relationship between the EU business community and Ethiopia, representatives from the Ethiopian administration, EU embassies and EU companies participated to the launching ceremony organised at the Sheraton Addis.
 
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New Memorandum of Understanding with ERCA

Posted in Events

In December 2016, the EUBFE signed a new Memorandum of Understanding (MoU) with ERCA in order to facilitate information-sharing and to provide a channel for the EU business community to raise its issues and to express its remarks and questions. The new MoU notably set-up a Steering Committee in charge of ensuring the effectiveness of the MoU and to facilitate discussions. 
 
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EUBFE 4th Year Anniversary

Posted in Events

On June 28th, 2016, the EUBFE celebrated its 4th Year Anniversary. This event was also the the opportunity for the EUBFE to sign a Cooperation Agreement with the Ethiopian Investment Commission, represented by H.E Commissioner Fitsum Arega, a first step towards full recognition by the Government of Ethiopia.

3rd Thematic Cocktail

Posted in Events

On March 10th, 2016, the EUBFE organised its 3rd thematic cocktail. Ato Nebiyou Samuel, Head of the Director General's Office at the Ethiopian Revenue and Customs Authority (ERCA) presented the Authorized Economic Operators program and the Electronic Single Window System. The presentation was followed by a lively Q&A and a networking cocktail.

The Economist - Ethiopia Summit

Posted in Events

The EU Business Forum in Ethiopia supports the Ethiopia Summit, organised by The Economist. With the general elections firmly behind us and the incumbent pressing on with Ethiopia's economic advances, the Economist Ethiopia Summit will take place at an optimum time. By bringing together the country's leading policy makers and business leaders with multinational executives active or interested in expanding in Ethiopia, opportunities will be explored and challenges tackled.

Awex - Belgium Delegation in Addis Ababa

Posted in Events

Mid-January, a delegation of Belgian companies from Wallonia, came to Ethiopia for a series of B2B events  and meetings with high-ranking officials to discover the business opportunities offered by the Ethiopian market.
 
EUBFE representatives were present at the Embassy of Belgium during a cocktail to welcome the delegation and then for a roundtable meeting to provide its view of the Country, development and challenges, alongside the EU Delegation, the IMF and local businessmen. 

Joint EU investment mission to Ethiopia

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The East Africa Association – in close collaboration with the EU Delegation to Ethiopia and the EU Business Forum to Ethiopia – organised on 13 and 14 March the first ever EU Joint Investment Mission to Ethiopia. Over 40 companies in a wide range of sectors visited Addis Ababa over the course of two days toexplore business opportunities in the country. 
 
Presentations were made to the mission by – amongst others – the State Minister of Industry, the Director General of the Ethiopian Investment Agency, the resident representative of the IMF as well as the economists from the World Bank and the EU. 
 
The mission also visited the Bole Lemin Industrial Zone, accompanied by EU Ambassador Chantal Hebberecht and enjoyed a lunch with around 10 EUBFE members to exchange on doing business in Ethiopia. With several companies planning a follow-up visit in the coming weeks and days, it seems quite ikely that EUBFE can soon welcome some new members.

Welcoming the Finnish Prime Minister's Delegation

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A delegation of 21 Finnish companies, headed by the Finnish Prime Minister, H.E. Jyrki Katainen and supported by FinPro (the foreign trade support of Finland) came to Ethiopia late January 2014 to follow-up or assess investment and trade opportunities in the Country. 
 
The companies operated in various sector, with a focus on energy and infrastructure (ELTEL, EMPOER OY, ENSTO FINLAND OY) and agriculture and land management (ARBONAUT OY, GEOLOGICAL SURVEY OF FINLAND, JPT-INDUSTRIA OY).
 
12 EUBFE members participated in the lunch held on January 27, 2014 at the Radisson Blu Hotel, in order  to exchange with their Finnish counterparts. Following an introductory speech by Mr Chris de Muynck, EUBFE Chairman and Mrs Barbara Plinkert, EU Delegation Chargé d’Affaires, the Finnish Prime Minister discussed opportunities and challenges facing EU companies doing business in Ethiopia.
 
The visit of the Finnish delegation continued the following day with a large workshop at the Sheraton Hotel, with the participation of H.E. Hailemariam Desalegn, Ethiopia Prime Minister, and various high ranking officials from the Ethiopian public and private sectors.

Launch of the Business Climate Improvement facility

Posted in Events

Since the start of 2014 the EUBFE is the beneficiary of an EU support program entitled the BizClim Facility (see for more info: www.acpbusinessclimate.org). The objectives of BizClim are to promote improvements of the business climate in the African Caribbean Pacific (ACP) countries. In the case of EUBFE, the financing is coming in the form of two teams combining foreign and local experts who will support the EUBFE in carrying out analytical work and the organisation of several events.
 
The first team of experts is working currently on an EU investment Survey, under which you may have been contacted already. The project subsequently aims to develop an EU investors' profile, by performing a review of the EU investments in Ethiopia, collect issues and feedback on doing business in Ethiopia and assess the key regulatory issues that are impeding businesses locally. Results of the Survey and the Assessments will be discussed in Round Tables and presented at the EUBFE Conference on the 10 June.
 
The EUBFE's Second Year Anniversary Conference and EXHIBITION will be organised on 2 october 2014.
PLEASE NOTE THE DATE IN YOUR DIARY! (see more details on the schedule of events on the last page
of this Newsletter)
 
HAVE YOUR VOICE HEARD, JOIN THE EUBFE: a membership application form is attached to this Newsletter. 
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