European Union Business Forum Ethiopia

The EU Business Forum in Ethiopia aims to facilitate operations for EU companies doing business in Ethiopia.

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  On April 11 and 12, 2023, the European chamber in...
On February 23, 2023, the European Union Business Forum in...
EU Business Forum in Ethiopia launched two policy briefs on the same...
As part of the semi-annual meeting of Eurpean chambers in third...
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EUBFE Held Meeting with Ministry of Finance

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EUBFE delegation held meeting with the Minister of Finance- HE Ahmed Shide. Led by the head of cooperation at the EU Delegation Mr. Erik Habers, EUBFE representatives, composed of board chair, executive director and presidents of bilateral member associations presented a summary of the major achievements of EUBFE in its advocacy engagement with a number of ministires. Moreover, the EUBFE delegation outlined keen interest to establish a sustained and structured platform with the Ministry Finance, where the concerns and challenges of member companies can be addressed. Stressing EUBFE's mission of improving the doing business climate in the country, it is currenlty engaged in producing empirical studies that aid policy interventions to this end.
HE Mr. Ahmed Shide on his part appreciated the initiative of EUBFE and outlined key econnomic reforms that led to the opening of the country's economy to FDI. He pledged to assist in resolving any bottlenecks member companies face. The meeting concluded by establishing a team from both sides that would overlook the formalisation of relationship between MoF and EUBFE that would get regular consultation gain traction.  

Ethiopian Finance Minister, Ahmed Shide held talks today with EUBFE delegation led by the Cooperation Head for EU Delegation to Ethiopia, Erik Habers, on ways of strengthening financial and economic cooperation between the two sides.

During the meeting, the two sides are ready to work for a favorable investment climate in Ethiopia through the joint forum.

EUBFE representatives have also pledged to help Ethiopia to become an ideal investment destination and regular talks will be held with the Ministry of Finance to achieve this goal.

Finance Minister Ahmed Shide said on his part Ethiopia attaches great importance to its cooperation with the European Union and other European countries.

He further stated that Ethiopia is committed to working closely with the EUBFE and having a consultative meeting at least twice a year for the benefit of both parties. 

Speaking on the ongoing economic reform that Ethiopia has embarked on, Ahmed noted that the reforms are being intensified and the government is committed to increasing the participation of the private sector in the reform process.

He stated the recent involvement of private sectors as well as foreign companies with strong experience and potential in the telecom sector of the country as a showcase of the government’s commitment in this regard.

The Minister told the delegates that essential efforts will be made by the Ministry of Finance to ease all forms of bottlenecks that faced EUBFE member companies in their day-to-day activities in Ethiopia.

Annual Joint Workshop with Customs Commission Held

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On February 23, 2023, the European Union Business Forum in Ethiopia (EUBFE) held a joint workshop with the Ethiopian Customs Commission (ECC), together with its member associations, ENLBA and CAFÉ to address the concerns and issues raised by its members companies.

The workshop addressed key 
issues raised by member companies in the areas of valuation, classification, Franco Valuta, and the Ethiopian Single Window system. The various directors representing different directorates of the ECC addressed these issues and highlighted their ongoing efforts to improve their services. Participants were encouraged to provide feedback and opinions, ensuring an effective and collaborative consultation.The Q&A session at the end allowed participants to gain further clarity on the topics discussed. This joint workshop is an extension of EUBFE’s effort to support dialogue and engagement between key players in the investment climate and member companies with the aim of creating a thriving business climate Ethiopia.


EUBFE Launched Two Policy Briefs on the Occasion of Signing of MoU

EU Business Forum in Ethiopia launched two policy briefs on the same occasion that saw it sign a memorandum of understanding with Ministry of Industry in the presence of HE Hassen Moalin-State Minister on January 30, 2023. Also in attendance were HE Semereta Sewasew State Minister of Finance, HE Lelise Neme- Commissioner, Ethiopian Investment Commission, HE Roland Kobia, Ambassador of EU to Ethiopia and HE Temesgen Tilahun-EIC Deputy Commissioner. The event attracted more than one hundered twenty guests from member state embassies, various ministries, development partners, sister associations as well as all members of EUBFE and its member associations. 
The two policy brief entitled: " Sourcing from the Source-Utilizing FDI to Tackle Ethiopia's FDI Challenge" analyzes the potential for local sourcing as a solution to the foreign exchange conundrum. The second policy brief "Accelerating Ethiopia's Transformation-Rethinking the Strategic Role of mid-to-small Scale FDI" advocates for strategy for positioning mid-to-small scale FDI within the development strategy of Ethiopia and enact investment promotion and facilitation accordingly. The recommendations made in the policy briefs will be the basis for engagement between EUBFE and the various government agencies in the coming months. Full content of the policy briefs can be downloaded via links below.
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