Africa Has Potential to Emerge as the USA’s Preferred Investment Hub: President Taye

Africa has the potential to become the USA’s preferred investment hub, particularly in the agricultural sector. I appreciate the U.S. government’s growing commitment to investing in Africa. African nations must create conducive conditions—such as ensuring access to arable land, a dynamic labor force, and sound policies—to attract and sustain U.S. investments.

Establishing resilient food systems, enhancing trade connectivity, and promoting value-added investments across the continent are crucial. Ethiopia is becoming a promising investment destination due to its abundant agricultural resources and successful outcomes, with progress in wheat production cited as a key example. I encourage U.S. companies to invest in Ethiopia’s agriculture, particularly in cotton, wheat, and avocados, promoting long-term strategic partnerships rather than short-term gains.

Ethiopian President Taye Atske Selassie spoke at the U.S.-Africa Business Summit in Luanda, Angola.

Ethiopia’s Agricultural Potential: An Opportunity for U.S. Investors: President Taye

Ethiopia boasts rich agricultural land, favorable weather, and a conducive investment climate. I urge American companies to invest in Ethiopia’s agricultural sector. The country’s vast arable land, growing capacity, and human resources are significant advantages for investors.

Ethiopia is well-positioned to become a top investment destination for the U.S., particularly in key areas like cotton, wheat, and avocados. The country encourages long-term investment strategies to ensure mutual benefits.

President Taye Atske Selassie said this during the U.S.-Africa Business Summit in Angola.

Ethiopia’s Tourism Sector Achieves 40% Growth in Two Years: PM Abiy

Ethiopia’s tourism sector has demonstrated outstanding performance, achieving a remarkable 40% growth over the past two years. Tourism has become one of Ethiopia’s top-performing industries in recent years.

This success is the result of enhanced infrastructure development and strategic expansion efforts. Key attractions, such as Unity Park, the National Palace, and Entoto Park, were developed with a strong emphasis on preserving their historical significance.

Prime Minister Abiy Ahmed (PhD) mentioned this during a discussion with media professionals.

Construction Sector Contributes 20% to Ethiopia’s GDP: MoUI

Ethiopia’s construction sector has become a key pillar of the country’s development, accounting for 20% of the gross domestic product (GDP). However, the sector continues to face challenges related to competitiveness, institutional efficiency, and skilled labor availability.

To enhance productivity and long-term contributions to Ethiopia’s 10-Year Development Plan, the sector needs policy reforms, capacity building, and stronger public-private partnerships. The construction industry is not only a driver of infrastructure growth but also a major source of employment and innovation.

International platforms like Big 5 Construct Ethiopia play a vital role in facilitating knowledge exchange, technology transfer, and investment dialogue in the sector.

Chaltu Sani, Minister of the Ministry of Urban and Infrastructure (MoUI), spoke at the opening of the Big 5 Construct Ethiopia 2025 exhibition.

Religious Leaders and Elders Play an Indispensable Role in Reconciliation and Peace-Building: ENDC Chief

Religious leaders and elders are crucial in strengthening Ethiopia’s reconciliation and peace-building efforts. Given their influence in fostering positive change, these leaders must intensify their efforts in national reconciliation and peace-building.

Throughout Ethiopia’s history, religious leaders and elders have played an irreplaceable role in maintaining peace, reconciliation, and harmony. Ethiopia has a rich cultural heritage and a long history of peaceful coexistence.

Professor Mesfin Araya, Chief Commissioner of the Ethiopian National Dialogue Commission (ENDC), emphasized this role.

THE ETHIOPIAN HERALD SATURDAY 28 JUNE 2025

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