Former President Mulatu Teshome Launches Investment Think Tank

ADDIS ABABA – Former President Mulatu Teshome on Thursday launched a non-profit investment think tank that will support Ethiopian investors create partnerships with foreign investors.  

The think tank, named Center for Investment Networking in Ethiopia (CINE), has already signed strategic partnership agreements with the Ethiopian Investment Commission, and the Ethiopian Chamber of Commerce and Sectoral Association.

Dr. Mulatu, who is also president of the think tank, said the center plans to contribute to sustainable economic growth and overall poverty reduction which requires significant progress in job creation by attracting Foreign Direct Investment (FDI).

The center plans to a reliable investment bridge that would bring key investment stakeholders together in order to catalyze viable and sustainable investment partnerships between Ethiopia and the rest of the world.

The current president of Ethiopia, Sahlework Zewde, appreciated the effort of the former president to continue serving his country with the rich experience he has developed over the years.

Such centers play a crucial role in strengthening and sustaining existing investments in the country, she added.

During the launching event of the center, a book, entitled “Dr. Mulatu Teshome Wirtu and Ethiopia’s International Diplomacy”, was inaugurated.

The book discusses the role of the former president in diplomacy and his efforts in attracting FDI to Ethiopia.

The inauguration ceremony was attended by high government officials, diplomats, and many more.

Dr. Mulatu was the president of Ethiopia between 2013 and 2018.  Prior to his presidency, he also served as the Speaker of the House of Federation between October 2002 and October 2005, Minister of Agriculture (2001-2002), and vice Minister at the Ministry of Economic Development and Cooperation, also known as, MEDAC between 1995 and 2001. 

He also served his country as ambassador to Turkey, the People’s Republic of China (1994-1995), and Japan (1992-1994), among others.

Featured Image: Former president Mulatu presented the new book that he signed on to the current president Sahlew work on Saturday. [Photo President Office]