On March 29th, 2017, the European Union Business Forum in Ethiopia (EUBFE) celebrated its official launching, following its formal registration as ‘Foreign Investors Association’ under Ethiopian law. The registration shall facilitate the work towards achieving EUBFE’s main mission: to improve the business environment in Ethiopia in order to enhance commercial and economic ties between the EU and Ethiopia.
The EUBFE was initially established in 2012, with the support of the EU Delegation to Ethiopia, in response to the need for (i) a sustained dialogue between the EU business community and the Ethiopian authorities; and (ii) a platform for networking and information-sharing between EU businesses. Over the past five years, the EUBFE has become a respected unified platform of EU investors in Ethiopia, an excellent source of information for existing and potential EU investors, and has become increasingly engaged in an open and constructive dialogue with the Ethiopian government on systemic issues affecting the business climate in the country.
In order to celebrate this new chapter in the relationship between the EU business community and Ethiopia, representatives from the Ethiopian administration, EU embassies and EU companies participated to the launching ceremony organised at the Sheraton Addis.
