China-Ethiopia Trade, Investment, and Opportunities
Discover how China and Ethiopia are deepening their economic ties through strategic infrastructure, manufacturing, and energy
In October 2023, the two countries elevated their ties to an “all-weather strategic partnership,” underscoring the depth and resilience of their collaboration. Economic and technical cooperation between China and Ethiopia began as early as 1971, supported by a series of bilateral agreements on trade and development.
Over the decades, China has financed and built a number of key infrastructure projects across Ethiopia, including highways, power stations, veterinary clinics, and water supply systems. This cooperation continues to deepen, providing a strong foundation for trade and investment.
In September 2018, China and Ethiopia signed a Memorandum of Understanding on Joint Promotion of the Silk Road Economic Belt and the 21st Century Maritime Silk Road, followed by a Cooperation Plan in April 2019. These agreements have paved the way for large-scale cooperation in infrastructure, trade facilitation, and industrial development.
Energy cooperation is another priority. Chinese investment is helping to develop Ethiopia's hydropower potential—most notably the Grand Ethiopian Renaissance Dam—alongside new ventures in solar, wind, and other renewables, contributing to Ethiopia's green energy transition.
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