UK-Africa investment summit to showcase UK as investment partner of choice for Ethiopia


On 20 January, UK Prime Minister Boris Johnson will host the inaugural UK-Africa Investment Summit in London. The Summit will bring together UK and African business representatives, African leaders and delegations from 21 countries, international institutions and young entrepreneurs. It aims to create new lasting partnerships that will deliver more investment, jobs and growth to benefit people and businesses across Africa and the UK. Ethiopia will be represented by a delegation headed by the Deputy Prime Minister Demeke Mekonnen.
In advance of the Summit, UK Government Ministers have been visiting major African economies to discuss how the UK’s unique blend of world-leading companies, financial institutions and development support can help boost growth across the continent and make the UK the largest G7 investor in Africa.
Ahead of the Summit, International Development Secretary Alok Sharma, who visited Ethiopia last August, said:
“Africa has eight of the 15 fastest growing economies in the world but currently receives less than 4% of foreign direct investment. There are fantastic opportunities for UK businesses to work alongside, invest in and partner with African nations. At the UK – Africa Investment Summit in London we will bring together UK and African businesses, African leaders, international institutions and young entrepreneurs to drive the investment Africa needs to flourish.”