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๐Ÿ‡ฎ๐Ÿ‡ฑ Israel /Economy & Trade

Start-Up Ethiopia: Addis Ababa takes a page from Israel's innovation playbook

From Jerusalem Post · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Ethiopia and Israel are deepening their bilateral relationship, focusing on technology, investment, tourism, and innovation.
  • Israeli companies are actively involved in Ethiopia's agriculture, technology, and infrastructure sectors, with a particular interest in cybersecurity and digital aspects of new projects.
  • The ambassador highlighted recent high-level visits and investment forums aimed at strengthening economic ties and showcasing opportunities for Israeli investors.

Ethiopia and Israel are forging a modern partnership, building on ancient ties with a focus on technological and economic collaboration. Ethiopian Ambassador Tesfaye Yitayeh emphasized the strong bilateral relationship, noting its deepening through technology, investment, tourism, and innovation.

The bilateral relationship between our two countries is very good. Iโ€™m very much happy to be part of this process, and we work hard again to further strengthen this very good bilateral relationship for the benefit of our two peoples.

โ€” Tesfaye YitayehEthiopian Ambassador to Israel Tesfaye Yitayeh describing the strong ties between the two nations.

"The bilateral relationship between our two countries is very good," Yitayeh told The Jerusalem Post. "Iโ€™m very much happy to be part of this process, and we work hard again to further strengthen this very good bilateral relationship for the benefit of our two peoples." He highlighted recent developments, including visits by President Isaac Herzog and Foreign Minister Gideon Saโ€™ar, which included an investment forum in Addis Ababa.

Along with [Saโ€™ar], there were businesspeople, and the investment opportunities were presented to them by different Ethiopian government officials. They also had visits to show the opportunities on the ground for Israeli companies and investors.

โ€” Tesfaye YitayehAmbassador Yitayeh detailing the outcomes of the Foreign Minister's visit.

Israeli companies are significantly involved in Ethiopia's agricultural sector, particularly in horticulture, irrigation, and coffee production, disseminating advanced technologies like drip irrigation. Beyond agriculture, there is growing Israeli interest in Ethiopia's digital economy, logistics, and infrastructure development. This includes a keen focus on cybersecurity and digital aspects of a new major airport under construction southeast of Addis Ababa.

Israelis are engaged in agriculture, especially high-value crops. Their best technologies, drip irrigation technologies, are being disseminated.

โ€” Tesfaye YitayehAmbassador Yitayeh discussing Israeli expertise in Ethiopia's agricultural sector.

The ambassador stressed that Israelis are adept at utilizing scarce resources, a skill vital for Ethiopia's development. The partnership, formalized in 1956, has evolved from early collaborations in military training to a diverse economic and technological exchange, positioning Ethiopia as a key emerging investment destination in Africa.

The Israelis are very much interested in the cybersecurity and digital aspect of this ultramodern and big airport.

โ€” Tesfaye YitayehAmbassador Yitayeh on Israeli interest in Ethiopia's infrastructure projects.
DistantNews Editorial

Originally published by Jerusalem Post. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.