Ethiopia’s State Minister of Finance, Eyob Tekalgn, along with Brook Taye, CEO of Ethiopian Investment Holdings, and Hana Teklu, Director General of the Ethiopian Capital Market Authority, held bilateral talks with Nick Dyer, Permanent Under-Secretary at the UK’s Foreign, Commonwealth & Development Office (FCDO), and British International Investment (BII).
During the meeting, Eyob briefed Dyer on Ethiopia’s recent foreign exchange and economic reforms designed to create a more favorable environment for foreign investment. He emphasized the government’s commitment to overcoming key challenges in the investment climate and expressed gratitude for the UK’s valuable support during these reform efforts.
Dyer praised Ethiopia’s bold ambition to become a leading destination for global investment, acknowledging the government’s “necessary but difficult” decisions in pursuing these reforms.
Both parties agreed that, despite significant progress, continued cooperation between Ethiopia and the UK is crucial for achieving the reform’s objectives.
Additionally, Eyob met with British International Investment (BII) to discuss new investment opportunities arising from the reforms and to hear BII’s perspective on the challenges they have faced in Ethiopia. BII expressed appreciation for the key reforms and pointed out areas where additional support is needed, according to the Ministry of Foreign Affairs.