Ethiopia Is Committed to Supporting Private Business Sector Says MoFA State Minister

Addis Ababa, May 11, 2022 (Walta) – State Minister, Ambassador Redwan Hussein had a meeting today with the management of Unilever Manufacturing P.L.C.

The discussion between the two sides included the company’s activities in Ethiopia and the support they need from the Ethiopian government. The company produces food, home, and personal care products in Ethiopia and employs more than 7,000 Ethiopians.

Unilever Africa President Jaime Aguilera said his company chose Ethiopia to be one of its priority destinations for investment.

He said the company exports goods it produces in Ethiopia and mainly utilizes domestic raw materials in the manufacturing process.

Ambassador Redwan called on the company to strengthen its investment in Ethiopia and not to be discouraged by temporary setbacks caused by Covid-19 and security issues.

He said the government is committed to supporting the private business sector as per the direction of the economic reforms in the country.

He said the government is ready to host a consultative forum for manufacturers and high-level government officials to deliberate challenges and prospects in doing business in Ethiopia.

The leaders of Unilever Manufacturing appreciated the encouraging efforts of the government to make the investment sector more attractive. They also said the company has a long-term investment plan in Ethiopia.