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Ethiopia becomes largest recipient of FDI in Africa

Published on November 23, 2017

President of the Federal Democratic Republic of Ethiopia Dr. Mulatu Teshome said Ethiopia has become the largest recipient of Foreign Direct Investment (FDI) in Africa.

The seventh International Conference on Pulses, Oilseeds and Spices was launched here yesterday with the theme ‘Africa the future pulse and oil seeds supply’. Speaking on the occasion, President Mulatu indicated that most recent The United Nation Conference on Trade and Development (UNCTAD) report showed that FDI flow to Ethiopia increased by 46 percent this year to reach 3.2 billion USD despite the decline in interest throughout the rest of Africa. Read more. Source | Ethiopian Herald