2022 Investment Climate Statements: Ethiopia Executive Summary Ethiopia is the second most populous country in Africa after Nigeria, with a growing population of over 110 million, approximately two-thirds of whom are under age 30. A reform-minded government, low-cost labor, a national airline with over 100 passenger connections, and growing consumer markets are key elements …
Read More» November 02, 2021 WASHINGTON –Ambassador Katherine Tai today released the following statement on the African Growth and Opportunity Act (AGOA): “Today, President Biden announced three countries will be terminated from the AGOA trade preference program as of January 1, 2022, absent urgent action to meet statutory eligibility criteria. Our Administration is deeply concerned by the …
Read More» Press Release U.S. Embassy Addis Ababa, Ethiopia Senior U.S. Commerce Official Discusses Trade and Entrepreneurship with U.S. and Ethiopian Businesswomen, and Encourages Prosperity through Mutually Beneficial Commercial Engagement Addis Ababa, Ethiopia, March 11, 2021 – U.S. Deputy Assistant Secretary (DAS) of Commerce for Middle East and Africa Global Markets Camille Richardson participated in a Women’s Empowerment Through Trade Initiative Coffee Chat Series …
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Addis Ababa, Ethiopia, April 4, 2019: U.S. Embassy representatives attended the launch event for the Amhara Oxygen Center, which was constructed through a private-public-partnership under Ethiopia’s National Oxygen Roadmap. The National Oxygen Roadmap, which was developed with funding contributions from the U.S. Agency for International Development (USAID), laid the ground work for a national plan to …
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On June 26, 2018, Power Africa signed a Memorandum of Understanding (MOU) with the Government of Ethiopia, reaffirming commitment to increasing electricity access in Ethiopia through private sector-led projects. Power Africa is a U.S. Government-led partnership coordinated by the U.S. Agency for International Development (USAID). Launched in 2013, Power Africa aims to add at least …
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Michael Raynor U.S. Ambassador to Ethiopia at the Power Africa MOU Signing Sheraton Hotel, Addis Ababa June 21, 2018 (As prepared for delivery) Good Afternoon, Thank you to the Minister of Water, Irrigation, and Electricity, Dr. Engineer Seleshi Bekele for joining us and for the strong partnership we enjoy with your ministry on both power …
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Under Secretary of Commerce Gilbert Kaplan met with the newly-confirmed National Bank of Ethiopia Governor Yinager Dessie in Addis Ababa today. They engaged in a discussion of a range of issues relating to monetary policy and financial regulation. The Under Secretary expressed support for the May 21 announcement that foreign companies operating in Ethiopia will …
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The latest handbook in the Power Africa Understanding Series, Understanding Power Project Procurement, was launched in Ethiopia today at an event co-hosted by the U.S. Department of Commerce and the Ethiopian Ministry of Finance and Economic Cooperation. The handbook was developed by Commerce’s Commercial Law Development Program and the African Legal Support Facility of the …
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Under Secretary of Commerce Gilbert Kaplan met with Ethiopian Minister of Finance & Economic Cooperation Dr. Abraham Tekeste in Addis Ababa today, engaging in discussion on a range of economic topics. The Under Secretary raised the importance of a fair and transparent public procurement system and access to foreign exchange for U.S. companies seeking to …
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Under Secretary of Commerce Gilbert Kaplan and Ambassador Michael Raynor hosted a roundtable with high-level Ethiopian government officials and a large delegation of U.S. companies in Addis Ababa today. The Ethiopian Minister of Trade, along with State Ministers for the Ministry of Agriculture, the Ministry of Public Enterprises, the Ministry of Industry, and the Commissioner …
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Under Secretary of Commerce Gilbert Kaplan met with Ethiopian Foreign Minister Dr. Workneh Gebeyehu in Addis Ababa today, discussing a full spectrum of issues related to the Ethiopian economy and the bilateral commercial relationship. The Under Secretary expressed support for Prime Minister Abiy’s economic reform agenda. He also conveyed his optimism regarding the potential for …
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Michael Raynor U.S. Ambassador to Ethiopia at the Discussion on Responsible Business Practices Hilton Hotel, Addis Ababa June 21, 2018 (As prepared for delivery) Good afternoon everyone, and thank you for being a part of this very important discussion. There has been a lot of talk of change in Ethiopia recently. And I have to …
Read More» U.S. Ambassador Michael Raynor officially opened a half-day panel discussion titled “Responsible Business: American Companies in Ethiopia,” on Thursday, June 21, 2018, at the Hilton Hotel in Addis Ababa. The panel discussion focused on the role of American companies in promoting responsible business practices in Ethiopia, and what needs to be done to attract such …
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WASHINGTON – U.S. Secretary of Commerce Wilbur Ross announced today that he will lead a delegation from the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) on a fact-finding mission to Ghana later this month. Under Secretary of Commerce for International Trade Gilbert Kaplan will head the delegation on stops in Ethiopia, Kenya and …
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Ambassador Mike celebrated the arrival of the 100th aircraft at Ethiopian Airlines. During his speech he praised Ethiopian Airlines rapid, yet profitable expansion, “showing the world how to run an airline”.
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Michael Raynor U.S. Ambassador to Ethiopia at the Opening Ceremony of Pizza Hut U.S. Embassy, Addis Ababa April 10, 2018 (As prepared for delivery) It’s a great pleasure for me to be here today, to help celebrate this latest milestone in the ever-strengthening commercial ties between the United States and Ethiopia. I’d like to extend …
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Remarks by Michael Raynor U.S. Ambassador to Ethiopia at the BlueMoon-Draper University Network Breakfast Addis Ababa, Ethiopia November 16, 2017 (As prepared for delivery) Good morning. Thank you so much for allowing me to be a part of this wonderful initiative. Thank you, Dr. Eleni, for arranging this opportunity, and for your dedication to fostering …
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Remarks by Troy Fitrell Chargé d’Affaires of the U.S. Embassy At the contract signing ceremony Between Ethiopian Airlines and Sabre Sheraton Addis Hotel August 30, 2017 (As prepared for delivery) Dear Mr. Tewolde GebreMariam, CEO OF Ethiopian Airlines, Dear Mr. Dino Gelmetti, Sabre Vice President, Ladies and Gentlemen, It is an honor and a great …
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Deputy Assistant Secretary of Commerce for the Middle East and Africa Seward L. Jones visited Ethiopia from August 11-14, 2017. The visit provided an opportunity to explore the trade and investment opportunities, challenges, and strategies facing U.S. companies wishing to do business in Ethiopia. It was also an opportunity to engage with the new American …
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20 entrepreneurs and farmers’ cooperative unions to open new farm service centers in Ethiopia’s four main regions with financial support from the Feed the Future Ethiopia Commercial Farm Services Project Addis Ababa, Ethiopia, December 21, 2016 – The U.S. Agency for International Development joined the Ethiopia Agricultural Transformation Agency, and the Ministry of Agriculture and …
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