Ethiopia launches electronic investment guide

Addis Ababa, (FBC) –An electronic investment guide (iGuide) to Ethiopia was officially launched today at a ceremony held in Addis Ababa at the United Nations Conference Centre (UNCC).

The web-based investment promotion tool covers a wide range of topics
deemed relevant to investment consideration and will serve as the first
point of contact for domestic and international companies and
businesspeople interested in investing in Ethiopia.

The platform highlights the various investment opportunities in the
country and provides information on the costs, laws and regulations
related to various aspects of investment, such as business set-up,
labour, taxation, and access to land.

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Investors may also be interested in contact details of relevant
public institutions, official texts of laws and directives, as well as
in feedback collected among investors who are already active in
Ethiopia.

The iGuide for Ethiopia was developed by the Ethiopian Investment Commission (EIC) in collaboration with the ECA and UNCTAD.

As part of the project, the two UN organizations have provided
capacity-building and technical assistance to the EIC staff who will
own, manage and update the platform regularly.

Since the beginning of the year, ECA and UNCTAD have jointly launched
iGuides in six other African countries, namely the Republic of the
Congo, Malawi, Zambia, Nigeria, Madagascar and, most recently,
Mauritania.

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