Egypt plans to file an international lawsuit in an effort to protect Egyptian investments in Ethiopia which have been negatively affected by the unrest in the Tigray region of the country, an official has said.
More than $10 million has been lost by Egyptian investors so far in Ethiopia. Following a meeting with Ethiopian officials to discuss the matter last week, head of the Egyptian Industrial Zone in Ethiopia, Alaa Al-Saqati, said no satisfactory response was given to allow factories to resume production, leaving them closed for over four months.