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Ethiopia's Bold Reform Agenda Pays Off: Over $1.6 Bln Secured in Landmark Investment Forum

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Ethiopia's Bold Reform Agenda Pays Off: Over $1 - Sputnik Africa, 1920, 14.05.2025
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Ethiopia's Bold Reform Agenda Pays Off: Over $1.6 Bln Secured in Landmark Investment Forum

The Invest in Ethiopia 2025 High-Level Business Forum, held in Addis Ababa, highlighted the country's economic reforms.

"There has never been a more opportune moment to invest in our nation," Finance Minister Ahmed Shide stated.

Five major investment deals signed:

⦁ Sesar Energy Advancing Solutions: $250M for local solar energy;

⦁ Hanergy New Energy & Jandu: $360M for solar cell manufacturing;

⦁ Huawei Mining Processing: ~$500M for mineral exploration, processing, and a minerals-focused SEZ;

⦁ Sequa Mining & Processing (Ethio-China JV): $600M for coal mining;

⦁ Toyo Solar Manufacturing: $14M to expand solar cell capacity.
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