EXPANDING LINKS WITH AFRICA
As part of efforts to partner with African economies, Singapore announced on Monday that it will establish an embassy in Addis Ababa, its first in East Africa. This will be Singapore’s third embassy on the African continent, alongside Egypt and South Africa.
The partnership, which Mr Wong announced at a joint press conference with Ethiopian Prime Minister Abiy Ahmed Ali, provides a new market for Singapore companies in a more challenging global environment.
“We can’t just stick to familiar markets, we have to look at new areas. And these new frontier areas are in places like Africa,” he said.
