ADDIS ABABA – Qatar Development Bank (QDB) has organized a matchmaking event for Ethiopian and Qatari investors in Addis Abeba in a bid to increase the business relationship between the two nations.
The two-day event – to be held Hyatt Regency Hotel on Monday and Tuesday – will offer both business representatives from the private sector exposure to potential opportunities aiming to increase their footprints in both countries.
The ‘Ethiopian Matchmaking event 2020] is expected to start with an open forum where Ethiopian Government officials, strategic Government agencies and key private sector leaders will meet their counterparts from Qatar.
“The event will then progress into pre-arranged appointments for B2B networking opportunities, led by key players from sectors of mutual interest from both countries,” the organizers said in a statement.
Representatives from the private sector from both countries to “meet and discuss potential cooperation”, it added.
The event will be led by Mr. Hamad Salem Mejegheer, Executive Director of Export Development & Promotion of Qatar Development Bank.
“Ethiopia is one of the continuously growing East African destinations of international exports and foreign investments thanks to its business climate and growing economy,” he said.
“It was one of the fastest-growing economies in the world with a GDP growth rate of 6.8% in 2018. We are honored at Qatar Development Bank to organize this initiative, and we are certain that it will be of great benefit for both Qatari and Ethiopian businesses alike.”
Mr. Mejegheer will head a business delegation from Qatari companies interested in meeting potential buyers, agents, distributors and establishing export/import partners from various sectors such as construction, pharmaceuticals, medical supplies, packaging and more.
Qatar established QDB in 1997 with a mandate to implement the long-term vision of the State of Qatar and contribute to the diversification of the Qatari economy by empowering the private sector.