The American Chamber of Commerce in Ethiopia Report on U.S.-Ethio Business

The American Chamber of Commerce in Ethiopia launched its inaugural report on U.S. investment in Ethiopia during an event held at the Sheraton hotel in Addis Ababa on Thursday, July 11, 2019. (Photo: @AmchamET/Twitter)

Tadias Magazine

By Tadias Staff

Published: July 12th, 2019

New York (TADIAS) — The American Chamber of Commerce in Ethiopia has released a report featuring how U.S. investments in Ethiopia are having an impact on the ground. The report showcases “the contribution our members are making towards advancing inclusive economic growth in Ethiopia,” the non-profit organization announced in a Twitter post on Friday. “Case studies in the report cover education, skills development, health, and environment.”

It was announced previously that the American Chamber of Commerce in Ethiopia was founded in 2016 “to strengthen the century‐old partnership economic ties that have existed between the United States and Ethiopia,” and counts former Director General of the Ethiopian Investment Commission, Fitsum Arega, among its Board members. Mr. Arega is now Ethiopia’s Ambassador to the U.S.

“The AmCham can play an important role in building a conducive environment for private sector growth, share experiences, and facilitate business capacity building in Ethiopia,” the press release adds.

The Twitter announcement notes that the current report was released during a forum held at the Sheraton hotel in Addis Ababa on Thursday, July 11th where “a delegation from US Chamber met with Ethiopian President SahleWork Zewde to discuss linking the private sectors of the two countries & also underscored its long-term commitment to Ethiopia, focusing on deep & sustainable engagement.”

In addition to the forum the American Chamber of Commerce in Ethiopia also hosted a panel discussion focusing on youth employment and featuring the head of Ethiopia’s Jobs Creation Commission Ephrem T. Lemango as well as a representative from Coca Cola Africa, which recently had announced its intention to create 2700 new jobs through a construction of a new factory in Sebeta as their biggest plant in Ethiopia.


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