The Ethiopian government is dedicated to providing Kenyans with further chances to invest in Ethiopia, according to Ethiopia’s ambassador to Kenya, Bacha Debele.
Ethiopia and Kenya have reaffirmed their intention to strategically use Lamu Port and develop cooperative projects related to green energy and technology. The declaration was made in Nairobi during Ethiopia’s New Year’s 2017 celebrations, where both countries demanded more economic relations.
Ambassador Bacha Debele of Ethiopia said, “We are committed to ensuring that Ethiopia remains an attractive destination for investors, with a stable and predictable economic landscape.” Mr bacha debele speaking to Kenyan media, emphasized the potential for investment in industries like manufacturing, ICT, mining, tourism, and agriculture.
The goal of Kenya is to improve relations with Ethiopia, as stated by Nasser Okoth, Deputy Director of African Affairs for Kenya: “We are committed to strengthening the bond between both countries both at the bilateral level and in the broader context of the African Union.”
The two nations are concentrating on expanding their use of Lamu Port in order to boost trade and collaboration. Additionally, they have inked a number of agreements to strengthen cooperation in a number of fields, such as green energy and technology.
