Addis Ababa: The desires of several companies across the globe to invest in Ethiopia have been growing due to the existing favorable investment opportunities in the country, Ethiopian ambassadors disclosed.

The ambassadors told ENA that that a growing number of companies located in various countries are desirous to invest in Ethiopia due to the country’s current favorable investment climate.

The diplomats went on to say that Ethiopia’s development initiatives are instrumental to establish international market linkages.

Ethiopian Ambassador to Pakistan Jemal Beker said Ethiopian ambassadors and head of missions across the globe are engaged in a variety of activities to attracting Foreign Direct Investment and business interactions with foreign companies as economic diplomacy is one of the main tenets of Ethiopia’s foreign policy.

The main objective of the economic diplomacy is to draw investments that are essential to bolstering product and productivities, ambassador Beker said pointing out Ethiopia’s enor
mous potential in manufacturing, agriculture, chemical industries, manufacturing and pharmaceuticals, among other sectors.

The envoy also spoke of Pakistan’s eagerness to further elevate its economic cooperation with Ethiopia, citing the visit made by an 80-person Pakistani investment delegation to Ethiopia last year.

Similar promotion activities have also been underway to bring a large number of Pakistani investors to visit Ethiopia with a view to help them explore the huge potential in the country.

Belarus Countries Deputy Mission Head, Ambassador Shamebo Fitamo for his part said investors of several European countries are very much desirous to engage in Ethiopia in various economic sectors.

According to ambassador Shamebo, beginning this month, several investors from European countries who wish to engage in various sectors in Ethiopia are expected to visit the country.

‘There are companies that have already been granted investment licenses to engage in horticulture and pharmaceuticals in Ethiopia. The
re are also other companies in process and requesting to invest. Additionally, we have been contacting several large corporations in Europe to persuade them to work in Ethiopia. The feedback we’ve been getting is quite positive. There are scheduled visits to Ethiopia by other companies too.’

Ethiopia’s ambassador to Japan, Daba Debele stated that initiatives are in place to entice Japanese investors to work in Ethiopia’s mining, energy, and agriculture sectors.

He also indicated about efforts being exerted to strengthen technology and knowledge transfer from Japan to Ethiopia.

The ambassador mentioned that three Japanese investment delegations had recently visited Ethiopia to look into potential investments and had discussions with relevant officials. Other delegations consisting of influential Japanese corporations are also anticipated to make similar visits in March.

Source: Ethiopian News Agency

The ECOWAS Court of Justice has held its New Year Get-Together and Award Ceremony in Nigeria’s capital city, Abuja.

The two-fold event enabled team bonding in a relaxed atmosphere and celebration of outstanding members of staff.

According to Justice Edward Amoako Asante, President of the Court, the award system recognises and rewards the exemplary contributions of staff during the previous year and will inspire other staff to higher productivity while also stimulating a positive work environment.

Awards were presented to outstanding staff in five categories. There were prizes for Best Staff in different departments and Judges’ Special Awards to

Overall Best Staff.

On the criteria for selection in the best staff categories, Dr William Towah, Director of Administration and Finance, said that work performance, professionalism and work ethics, interpersonal communication skills, self-development and proactiveness were considered in the selection.

Mr Abiodun Omidiran and Mr Uche Daniel Nwoko won Best Staff
Awards for Administration and Finance, and Registry Departments respectively, while Overall Best Staff went to Mr Aminu Abdullahi from the Research and Documentation Department.

An award for excellence in leadership and teamwork was presented to Mr Apraku Nketiah, Head of Legal Services, winner in the managerial positions’ category which was open to directors and heads of divisions.

In addition, the Court inaugurated the ‘Olivier Ahogny Award’ for the most popular staff in honour of a late diligent staff known for his conviviality among

staff and the judges. The winner in this category was Mr Yusuf Usman in the Administration and Finance Department.

Earlier, in a New Year message, Justice Asante thanked members of staff for their contribution to the success attained in 2023, which was marked by a remarkable increase in the number of judgments delivered from 41 recorded in 2021 and 2022 consecutively, to 59 in 2023.

The New Year and Awards ceremony created an atmosphere that left the staff feeling inspire
d, connected and rejuvenated for judicial and extrajudicial activities in 2024.

Present at the event were Justices Gbèri-Be Ouattara (Vice President), Dupe Atoki, Sengu M. Mohammed and Ricardo Claúdio Monteiro Gonçalves.

Also present were the Chief Registrar, Directors, heads of divisions and units, and members of staff.

Some invited guests from the ECOWAS Community

also attended the event.

Source: Ghana News Agency