The EUBFE was established in 2012 in response to the need for (i) a sustained dialogue with the Ethiopian authorities; and (ii) a platform for networking and information-sharing between EU businesses. In February 2017, the EUBFE formally registered as a 'Foreign Investors Association' and can now operate as an independent legal entity to fulfil its mission.
The EUBFE is managed by a Board of 10 members representing the EU business community in Ethiopia and is headed by a Bureau made of a Chairman, a Vice-Chairman, a Treasurer and a Executive Director.
Ethiopia has ambitious economic and social development targets. The EUBFE wishes to actively support and contribute to the country's development endeavour by bringing in and expanding high quality investments from EU companies and individuals, therefore creating jobs, transferring knowledge, earning foreign exchange and accelerating growth.