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A German business delegation that consisted of over 10 companies from the state of Baden Wurttemberg visited Ethiopia and Kenya this week. The delegation included companies that functioned in sectors such as consulting, manufacturing of electronics, chemicals, architectural and interior design and construction companies, among others.
“Ethiopia and Germany have more than a century long relationship. They are strong partners in peace and security, migration, climate change as well as sustainable development. Despite the already strong relationship, Ethiopia believes more can be done in the area of business to business relations,” stated State Minister of Foreign Affairs Aklilu Hailemichael during the opening session of the meeting.
The State Minister further said that the delegation’s visit would be one of the biggest steps towards bringing the business communities in the two countries together to form new partnerships.
Ethiopia has been working intensively in expanding the infrastructure to promote regional economic integration. The role of infrastructure such as railway, telecom, electricity that have connected us with our neighbors not only has made the relationship between countries stronger, but also boosted trade and investment and economic ties and created better understanding about the business environment.
He assured the delegation that Ethiopia continues to provide a conducive environment for investment. He underlined that Ethiopia offers a strong internal market with having the second largest population on the continent.
“This advantage is even more attractive with the several national projects that are in place. The country is attractive due to its growing manufacturing sector that is supported by a reliable power sector,” he also said.
Schmidt-Eisenlohr, CEO of Baden-Wurttemberg International, an institution that supports state enterprises Kai said that the delegation was looking forward to possible areas where the two business communities could work together on. “We support in all ways possible when our members want to go abroad and look at new opportunities and find new partners to unlock new markets,” he stated.