Around 160 business-to-business meetings (B2Bs) were organized between Ethiopian and foreign companies on the sidelines of the forum.
The B2B segment linked up potential investors with domestic companies operating in food processing, textiles and garments, and leather and leather products. 58 Ethiopian companies were profiled for joint venture opportunities and featured in an Investment Opportunities Directory .
Over the course of this forum, around 20 business-to-government (B2G) meetings occurred between foreign companies and the Ministry of Industry, the European Investment Commission and other government representatives. These B2G meetings allowed government representatives to answer specific investor queries and promote various investment incentives, frameworks and support services for domestic and foreign direct investment. Guide to doing Business in Ethiopia .
Over 200 participants took part in a field visit to the privately-owned Eastern Industrial Zone in Dukem, Ethiopia. The industrial park covers an area of 5 square kilometers and houses shoe and textile factories, among others.
Partner Working Lunch 1
The UNIDO working lunch with development finance institutions offered an opportunity for a focused discussion with representatives from several financial institutions and development aid agencies. Partners discussed ongoing and potential investment plans within the framework of the Programme for Country Partnership for Ethiopia.
The meeting highlighted the “win-win” aspects of the partnership approach in Ethiopia, and identified criteria needed for facilitating investment in the agro-industrial and manufacturing sectors.
Partner Working Lunch 2
At a working lunch hosted by the UNIDO Director General, Mr. LI Yong, and the Director of the Italian Agency for Development Cooperation, Ms. Laura Frigenti, partners discussed collaboration for the establishment of integrated agro-industrial parks. The meeting brought together representatives of European Union and African Union delegations to Ethiopia, the African Development Bank, the European Investment Bank and the Food and Agriculture Organization, among others.
A new UNIDO project on youth and women entrepreneurship promotion officially launched on the sidelines of the Forum. Funded by the Italian Agency for Development Cooperation and the Austrian Development Cooperation, the three-year project will be implemented within the framework of UNIDO’s Programme for Country Partnership for Ethiopia.
The project aims to increase job opportunities for women and youth by promoting entrepreneurship, in particular in the agro-processing, leather and textile sectors. Click here to read the full press release.