About Us

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.

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

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.

• Provision, through our website, various publications, or through direct response to investor’s inquiries, of information on sector-specific business opportunities, business incorporation procedures and related regulations, and employment regulations.
• Hand-holding and supporting the investor during the acquisition of land and utilities (water, electrical power, and telecom services); the processing of loans and residence permit applications; the approval of environmental impact assessments studies for investment projects; and the issuance of a tax identification number (TIN).