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Turkish investment in Ethiopia exceeds $ 3bln

Addis Ababa, 25 September 2014

Addis Ababa, 25 September 2014 (WIC) - Turkish investors with over 3 billion USD capital are engaged in various sectors in Ethiopia, Turkey’s Ambassador to Ethiopia disclosed.   

This makes Turkish businesspersons the leading foreign investors in Ethiopia in terms of capital volume, it was learned.    

In an exclusive interview he gave to ENA, Ambassador Osman Riza Yavuzalp said most of the investors are engaged in textile and construction sectors.
 

Dr. Tedros holds talks with Philip Hammond, UK Foreign Secretary

Addis Ababa, 24 September 2014

 Foreign Affairs Minister, Dr. Tedros Adhanom met with Philip Hammond, UK Secretary of State for Foreign and Commonwealth Affairs on the margins of the General Assembly in New York on Monday,(September 22), to exchange views on issues of common interest in bilateral, regional and global matters.

Dr. Tedros, who welcomed the UK's support for Ethiopia's development activities and for peace and security of the region, briefed Hammond on the progress in Somalia describing the political process including the establishment of local administrations to deliver services and undertake development activities, to develop trust and confidence.

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