Investment Commission, Ethiopian News Agency Ink Memorandum of Understanding

Addis Ababa, March 27, 2025 (ENA)—The Ethiopian Investment Commission and the Ethiopian News Agency have signed a Memorandum of Understanding (MoU) that enhances the country's foreign investment potentials.

Ethiopian Investment Commissioner Zeleke Temesgen and Ethiopian News Agency CEO Seife Derbie signed the MoU today.

The commissioner said on the occasion that the commission has been playing a significant role in leading Ethiopia's economic transformation and promoting investment.

 

The government has undertaken numerous actions to create a favorable environment for investment, he elaborated, adding that efforts are underway to support and monitor investment projects that have started operations in various sectors.

All these efforts require media partnership and promotion to tap the immense investment potential of the country, he added.

Accordingly, Zeleke noted that the partnering of the commission with ENA, the oldest news agency that distributes reliable and accurate news stories, is important in promoting Ethiopia’s immense investment opportunities. 

On his part, Ethiopian News Agency CEO Seife Derbie stressed that the partnership signed with the commission comes at a moment when the agency is expanding its reach and partnership in Ethiopia, Africa, and beyond.

 

With 40 branches across Ethiopia, the Ethiopian News Agency distributes news and news related contents in 8 local and international languages, he noted.

The CEO added that the agreement is a great opportunity for the news agency to promote investment opportunities in the country and to work together with the commission in realizing the ambition to make Ethiopia an investment hub.

ENA will also use its BRICS media membership presidium to promote national issues to broader outreach.