Investment Commission Inaugurates FDI Tracking Tool

Ethiopian Investment Commission has inaugurated a web-based platform called Foreign Direct Investment (FDI) tracking tool that would provide all-round information including FDI inflows in the country.

The commission developed the platform in collaboration with the Partnership for Investment and Growth in Africa (PIGA) project, Part of Manufacturing Africa (MA), a flagship program of UK foreign, commonwealth, and development office.

The tracking tool will enable the commission to mitigate poor access to quality investment data challenges and step closer to becoming a modern and digital-driven institution among other functionalities.

The tool will further help track investment performance along with key indicators, store information on actual investment inflows, and enable analysis and reporting of investment data in any desired format, according to the commission.

Ethiopian Investment Commission Officials, collaborative partners including the international trade Center, UK aid, PIGA, and other invited guests attended the webinar held to inaugurate the tracking tool.