EthiopiaĀisài Ébǐyà埃塞俄比亚investmenttóuzī投资forumlùntán论坛to sign agreementsqiān yuē签约$13 billionyī bǎi sān shí yì一百三十亿US dollarsměiyuán美元,to breakshuāxīn刷新historicallìshǐ历史recordjìlù纪录。
March 27, 2026 at 6:00 PM
New Words
News in English
BusinessInvest in Ethiopia 2026 Forum Concludes With Over 13 Billion Dollars in Investment Deals, a New Record
Ethiopia annual investment forum in Addis Ababa drew over $13.1 billion in commitments from more than 800 investors from over 50 countries, spanning manufacturing, energy and agriculture.
On March 26, Ethiopia hosted a large-scale international investment forum in the capital Addis Ababa. Over 800 international investors from more than 50 countries attended this forum. During the forum, Ethiopia signed investment agreements totaling over $13.1 billion. This figure not only far exceeded the initial target but was nearly eight times the results of the previous forum. China's Ming Yang Smart Energy Group was the largest committed investor, planning to invest over $10 billion in renewable energy and green hydrogen energy projects. This forum covered multiple sectors including manufacturing, agriculture, energy, and construction. The Ethiopian government has recently implemented multiple economic reforms, including opening up financial services and telecommunications sectors. Officials stated that these investments will help create employment opportunities and accelerate technology transfer.
More in Business
MomentaMóméng tǎ摩蒙塔Hong KongXiānggǎng香港listedshàngshì上市fundraisingróngjī融资$752 million7.52 yì měiyuán7.52亿美元
Chinese Autonomous Driving Firm Momenta Debuts on Hong Kong Stock Exchange with 752 Million Fundraise
Samsung (South Korean electronics company)Sānxīng三星、SK Hynix (South Korean memory chipmaker)SK HǎilìshìSK海力士and / together withyǔ与Micron (US semiconductor company)Měiguāng美光to race to / to vie injìngxiāng竞相to expand / to increasekuòdà扩大AI / artificial intelligenceAIAImemory (computing)nèicún内存chip / semiconductor chipxīnpiàn芯片production capacitychǎnnéng产能。
Samsung, SK Hynix and Micron Race to Expand AI Memory Chip Capacity
ChinaZhōngguó中国artificial intelligenceréngōng zhìnéng人工智能companygōngsī公司MiniMax (Chinese AI company)MiniMaxMiniMaxto completewánchéng完成$2 billionèrshí yì měiyuán二十亿美元fundraising / financingróngzī融资。
Chinese AI Firm MiniMax Raises 2 Billion Dollars in Hong Kong Share Sale
PepsiCoBǎishì Gōngsī百事公司earnings / performanceyèjī业绩lower than / belowdīyú低于expectation / forecastyùqī预期,the United StatesMěiguó美国stock marketgǔshì股市slightly / marginallyxiǎofú小幅to rise / to increaseshàngzhǎng上涨。
PepsiCo Earnings Disappoint as US Stocks Edge Higher