Friday, December 5, 2025

Swedish Companies Interested in Investing in Ethiopia

(3 Minutes Read)

The airport, set to be constructed near Bishoftu, 40 kilometers south of Addis Ababa, was a central topic of discussion during the Ethio-Sweden Business Event organized by the Swedish East African Chamber of Commerce this week.

A number of businesses based in Sweden have expressed interest in getting involved in the US$ 10 billion airport megaproject that Ethiopian government officials and Ethiopian Airlines executives foresee serving 100 million passengers annually by 2040.

The airport, set to be constructed near Bishoftu, 40 kilometers south of Addis Ababa, was a central topic of discussion during the Ethio-Sweden Business Event organized by the Swedish East African Chamber of Commerce this week.

Madeleine Martinelle, head of the Swedish Trade and Investment Council’s Kenya office, said that five Swedish firms have expressed interest in joining the project and that she expects more to follow.

The firms that have already shown their interest are primarily engaged in construction, mechanical repair, and air traffic control, according to Martinelle. However, she says these businesses need to learn more about the project details and their potential roles before committing to the work.

Swedish Ambassador to Ethiopia Magnus Lennartsson, highlighted the growing interest of Swedish companies in Africa and spoke about Sweden’s century-long business ties with Ethiopia and the contributions of the Scandinavian nation’s large Ethiopian diaspora community.

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https://trendsnafrica.com/zimbabwe-hosts-africa-nordic-foreign-ministers-meeting/

Construction on the airport, slated to replace Addis Ababa’s Bole International as Ethiopian Airlines’ operational hub, has yet to begin.

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