Ethiopia: French Companies Considering Investment in Ethiopia

Four French companies, working on the areas of chemical, water technology, construction, and food processing industries, are looking at investment alternatives in Ethiopia.

As indicated in an investment forum hosted in Addis, French companies, which often prefer to invest in French Speaking Africa, are now turning their eyes to the fast growing economy in East Africa - Ethiopia, to make it one of their investment destinations in the continent.

Ethiopian Investment Agency briefed the companies' delegates that manufacturing, leather and leather industry, mining, agriculture and tourism are the most promising areas of investment here.

The French delegates head, Mark Schneider said that they will invest in various areas once they identify their areas of preference.

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