Dear esteemed investors,
The coronavirus (COVID-19) pandemic is posing an unprecedented risk for the health of Ethiopian citizens. As Ethiopia prepares and adapts to defend its people’s health, economy, and society against the effects of this global pandemic, I am acutely aware that for you, our investors and key stakeholders such as brands, the global shocks from COVID-19 are already being felt. There are many day to day challenges still being faced and we as a government are working tirelessly to react and resolve them quickly. Measures are under investigation and will be communicated as the situation evolves.
COVID-19 has also significantly impacted the operations of investors in the country: demand is tightening at a global and local level; supply chains are disrupted, and the constraints on operations are increasing. The role of the Ethiopian Investment Commission is to support investors navigate this difficult period and pave the way for recovery. We have already kick-started support operations by engaging all relevant parties and investigating initiatives to support investors operationally and financially.
In the coming weeks, we want to strengthen our engagement with you to provide clarity on the status of the pandemic in Ethiopia and on the actions being taken by the Government of Ethiopia as well as to help us better understand how the pandemic is impacting your operations. To this end, we have created this dedicated and interactive COVID-19 page to provide information on the status of COVID-19 in Ethiopia, information on support provided by the government, answers to the most frequently asked questions, and any other information that is beneficial for your operations.
Our role is also to centralize and communicate with you any useful information during the time of the epidemic. As of this week, we will send a weekly newsletter to all survey respondents to communicate the latest initiatives implemented, provide frequently asked information, and testimonies of experts on how to respond to COVID-19.
I wish to assure you that you can count on the EIC as your steadfast partner. My full team stands ready every day to work in partnership with you to realize our common vision.
Ato Abebe Abebayehu
Commissioner, Ethiopian Investment Commission