AGM and thematic networking held

The EUBFE ratified several motions and elected new board members on the occasion of its annual general assembly of 2022. The AGM was hosted by Heineken breweries in their new headquarters. The executive director of EUBFE presented annual activity and audit report for FY 2021 as well as plans for 2022. 

Two motions were also presented for ratification were- the amendment of membership rules and a motion to change EUBFE's name to European Chamber in Ethiopia. The executive director and the board chairman explained to the general assembly on the background of the need for such motions. Both also responded to queries from members. After a brief deliberation, the two motions were unanimously endorsed by the general assembly. The third agenda was the election of new board members that would replace the one who served for the previous two years. Representatives of BASF Vegetable Seeds, TotalEnergies, Unilever, Heineken, Neumann Kaffe Gruppe, Krones-Ethiopia, Varnero Construction, Ethiopia-Netherlands Business Association and French Business Club came forward to take up the responsibility at the board of EUBFE. All were unanimously elected to the board.

The last session of the afternoon was a presentation by a member law firm-BonellieErede- on the new investment incentive regulation vis-a-vis the old one. Following Q&A the day was concluded with a cocktail reception. The full content of the legal review that was presented at the thematic networking can be accessed below.

New Investment Incentives Regulation Summary by BonelliErede