About EIC
The Investment Promotion Agency of Ethiopia
It takes a village to raise an investor
We bring the entire government behind our investors—to help them start, grow and succeed.
The main services provided by EIC include
Promoting the country’s investment opportunities and conditions to foreign and domestic investors
Promoting the country’s investment opportunities and conditions to foreign and domestic investors
Issuing investment permits, business licenses and construction permits
Issuing investment permits, business licenses and construction permits
Notarizing memorandum and articles of association and amendments
Issuing commercial registration certificates as well as renewals, amendments, replacements or cancellations
Issuing commercial registration certificates as well as renewals, amendments, replacements or cancellations
Effecting registration of trade or firm name and amendment, as well as replacements or cancellations
Effecting registration of trade or firm name and amendment, as well as replacements or cancellations
Issuing work permits, including renewals, replacements, suspensions or cancellations
Issuing work permits, including renewals, replacements, suspensions or cancellations
Grading first grade construction contractors
Grading first grade construction contractors
Registering technology transfer agreements and export-oriented non-equity-based foreign enterprise collaborations with domestic investors
Registering technology transfer agreements and export-oriented non-equity-based foreign enterprise collaborations with domestic investors
Negotiating and, upon government approval, signing bilateral investment promotion and protection treaties with other countries
Negotiating and, upon government approval, signing bilateral investment promotion and protection treaties with other countries
Advising the government on policy measures needed to create an attractive investment climate for investors.
Advising the government on policy measures needed to create an attractive investment climate for investors.
Facilitating FDI and domestic business industry linkages
Facilitating FDI and domestic business industry linkages
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 have been structured to creatively promote strategic investment opportunities in Ethiopia and respond quickly to the needs of new and existing investors. Working under the Ethiopian Investment Board, chaired by the Prime Minister of Ethiopia, the EIC has been at the forefront of creating conducive investment environment for FDIs.
Due to the continuous investment reforms and support we are providing, Ethiopia has become the one of the top five investment destinations in Africa, and the top in East Africa. In 2021, we have been 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’s Advocacy Services’ Global Competition for its relentless endeavor to reform the investment regime in the country. The EIC has been the recipient of 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.
How We Help Investors
We Call, You Come, We Help
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.
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