Over forty Ethiopian companies have expressed interest in partnering with Zambian firms in the areas of manufacturing and trade.
This development emerged during a Trade and Investment Promotion Forum organized by the Zambian Embassy in Addis Ababa, which attracted over 100 Zambian and Ethiopian companies.
In her address to the Forum, Zambia’s Ambassador to Ethiopia, Rose Sakala, commended the excellent relations between Zambia and Ethiopia.
Mrs. Sakala reaffirmed the Zambian Government’s commitment to strengthening cooperation between the two nations.
She said this collaboration would significantly contribute to the development of both countries in line with their shared vision of economic transformation.
Mrs. Sakala highlighted the partnership between Ethiopian Airlines and Zambia Airways as a model that could encourage further Ethiopian investment in Zambia.
The Forum’s main objective was to facilitate an increase in trade and investment that would be mutually beneficial for both countries.
Participating companies showed particular interest in sectors such as manufacturing, processing, and production of truck parts, textiles, and other goods.
Other sectors where interest was expressed were in producing renewable energy, mining, tourism, real estate, and Agriculture.
Additionally, there was significant interest in trading various products such as coffee, leather goods, cassava flour, minerals, precious stones, honey, and tea.
This is contained in a statement issued to RCV News in Lusaka today by First Secretary – Press & Tourism, Zambia Embassy, Addis Ababa, Inutu Mwanza.
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