Ethiopia: Govt Appoints New Director General for Investment Agency

Fitsum Arega, the former head of the Addis Abeba Investment Agency has been appointed director general of the Ethiopian Investment Agency (EIA), a post, which has been vacant for a year and half since the departure of Abi Woldemeskel.

The Agency, which is tasked with the promotion of private direct investment, has been led by Acting Director, Mohammad Seid, since the departure of Abiy, who assumed the position in 1991 for more than 20 years. Abiy was deputy director of the Agency while Tadesse Haile, the current state minister for Industry, was the director general.

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