At the fourth "Invest in Ethiopia 2026" forum, Ethiopia solidified its position as a premier investment destination by signing historic agreements totaling $13.1 billion with seven international and domestic companies.
Leading the surge, Mingyang Smart Energy committed to a massive project exceeding $10 billion focused on renewable energy, hydrogen, and green ammonia production.
In the manufacturing sector, Global Future Investment allocated $2 billion to develop a Special Economic Zone, while Liaoning Fangda Group agreed to invest $500 million in steel and pharmaceutical manufacturing plants.
The mining sector saw a $235 million commitment from Rashmi Group for the exploration and extraction of gold, lithium, and rare minerals.
Expanding the country's energy and commercial footprint, Sun King and Gobez Electric Manufacturing each pledged $150 million to advance solar power accessibility and solar cell production, while Quantum-Everest committed $100 million to facilitate Polish investments in real estate and trade.
These landmark agreements are expected to fundamentally transform the national economic structure, create thousands of jobs, and ensure vital technology transfer.