Ethiopia Desires More Investments from India than China: Negeri Lencho

Dr. Negeri Lencho, Ethiopia Minister of the Government Communication Affairs Office (PHOTO: Mukesh Aggarwal/The Tribune)

Dr. Negeri Lencho expressed great satisfaction at the current status of India-Ethiopia relationship but also emphasized that more Indian investors need to come to Ethiopia

By Simran Sodhi (The Tribune) |

Ethiopia is India’s gateway to Africa and Ethiopia wants India, more than China, to come and participate in its development. This sentiment was expressed today by Negeri Lencho, Ethiopia’s minister of government communications affairs, in an interview to India’s The Tribune.

Dr. Negeri Lencho expressed great satisfaction at the current status of India-Ethiopia relationship but also emphasized that more Indian investors need to come to Ethiopia despite the fact that India is already one of the top three investors there.

“India is in every Ethiopian’s heart,” he said. “I envy when others take advantage, I wish India, and I have discussed this with Indian authorities today, that India has to penetrate Ethiopia and reach out to Africa,” he said.

The minister earlier in the day met Minister of State for External Affairs VK Singh with whom he discussed this. “I want India to be second to no one,” he said.

“It is a matter of grabbing the opportunity faster,” he said in reference to China. The Chinese, he explained, come with money and ready projects. He also added that instead of lamenting about the past, “we need to stretch our hands into the future and that there are many Indian products I want to see in Ethiopia and many Ethiopian products we can export to India,” Dr. Negeri Lencho added.

Read the complete story at The Tribune
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