We are the investment promotion agency of Ethiopia.

We are responsible for promoting Ethiopia in the global market as a top destination for foreign direct investment. We provide specialized services to companies looking to invest in Ethiopia and investors located in the country and looking to expand their operations.

The Investment Promotion Agency of Ethiopia

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Invest In Ethiopia

Gateway to attractive FDI opportunities

For nearly 30 years, the Ethiopian Investment Commission (EIC), an autonomous government institution with the mandate of investment promotion and regulation, has serviced over 5,000 foreign direct investments in the country.

Since its establishment in 1994, the EIC has been an active, dedicated and specialized promoter of Ethiopia and its strategic investment opportunities in Ethiopia. As such, it has responded quickly to the needs of both new and existing investors. Working under the Ethiopian Investment Board (which is chaired by the Prime Minister of Ethiopia), the EIC has been at the forefront of creating a conducive investment environment for FDIs.

Our active support for the improvement of the country’s business environment and our commitment to an ambitious reform agenda have helped make Ethiopia one of the top five investment destinations in Africa, and the top in East Africa. In 2021, we were able to attract over $4.1 billion in FDI in various priority sectors including agriculture, manufacturing, mining, tourism and hospitality.

In 2021, the EIC was awarded the Gold Award of the WAIPA-World Bank’s ‘Strengthening IPA Advocacy Services’ global competition for its relentless endeavor to reform the investment regime in the country. The EIC had previously received the 2018 AIM Investment Award, the 2017 United Nations Award, and the Global ‘Star Reformer’ Award from the World Bank Group in 2017 for its continued outstanding performance in investment promotion, FDI attraction and advocacy work.

Forward-looking and Service-driven

VISION

Making Ethiopia the top preferred investment destination in Africa by improving the investment climate and attracting, retaining, and growing productive investments.

MISSION

Providing quality services to investors and ensuring their growth, increasing FDI's economic contribution in the forms of jobs, export earnings, and income.

We are driven by our 10-year development plan. Our focuses is on four key success factors of investments in our economy.

FDI Inflow
Increasing Annual FDI inflow to
USD 21 billion by 2030

Doing Business
Improving ease of doing business in Ethiopia and increasing our competitiveness

IP Exports
Achieving 25% year-on-year growth of export earnings and generating USD 2.8 billion by 2030

Job Creation
Creating over 520,000 jobs through foreign investment

FDI Inflow

Increasing annual FDI inflow to
USD 21 billion by 2030

IP Exports

Achieving 25% year-on-year
growth of export earnings and
generate USD 2.8 billion by 2030

Vision

Making Ethiopia one of the
top preferred investment destination
globally by improving the investment
climate and attracting, retaining and
growing productive investments

How We Help Investors

We know investing. We know the investment journeys our investors take. So, we help companies through their full investment life cycle. We ensure nothing less than 110% investors’ satisfaction.

Investment Linkages
& Spillover
We work to increase the economic contribution and integration of FDIs, creation of forward and backward linkages and building/ increasing access to local and international markets.

Investment Aftercare,
Retention & Expansion
We support investors with their operations, identif and resolve investors' challenges and proactively engage with FDIs to explore expansion opportunities and realize their investment goals.

Investment Promotion & Attraction
We develop value proposition, identify potential investor bases and support investors to understand the investment potential Ethiopia holds by organizing and facilitating missions and site visits.

Investment Facilitation
We hand-hold investors through their investment validation phase (e.g. feasibility) by facilitating key meetings and supporting identification and negotiation of key resources and removing barriers to entry.

FDI Inflow

Increasing annual FDI inflow to
USD 21 billion by 2030

IP Exports

Achieving 25% year-on-year
growth of export earnings and
generate USD 2.8 billion by 2030

Vision

Making Ethiopia one of the
top preferred investment destination
globally by improving the investment
climate and attracting, retaining and
growing productive investments

Investment Registration & Licensing
We provide the required registration including commercial registrations, investment permits, business licenses and work permits, and facilitate incentives.

How We Help Investors

We know investing. We know the investment journeys our investors take. So, we help companies through their full investment life cycle. We ensure nothing less than 110% investors’ satisfaction.

Meet Our Team

It takes a village to raise an investor

We bring the entire government behind our investors—to help them start, grow and succeed. We ensure investors have everything they need in their investment journey by working with:

enabling institutions in the country providing critical infrastructure and other services
supporting organizations providing training, research and development, and innovation; and
the private sector.

Ethiopian Investment Board

Composed of high-ranking government officials and ministers, the Ethiopian Investment Board (EIB), chaired by the Prime Minister of FDRE, is the highest authority that governs investments in Ethiopia. The EIB sets the investment policy of the country, provides organizational direction to EIC and serve as

an investment dispute resolution body.