Impressive exhibition of “Made in Ethiopia” manufactured products (video) at the very beautiful new Addis Abeba International Convention Center (AICC).
Ethiopia’s manufacturing capacity has grown steadily in the past few years. It now produces wide variety quality products including:
Trucks
Buses
Electric Vehicles (EV)
Solar panels
Drones
Electronics
Tractors
Boats
Furniture
Food & beverages
Manufacturing is one of the 5 key pillars of Ethiopia’s home grown economic reform program.
With the world’s 3rd cheapest energy per kwh, 47 million young, trainable, deployable work force (2nd largest in Africa), abundant natural resources, close proximity to global export markets, and access to the 1.2 billion African market via the AfCFTA, Ethiopia is well positioned to be the “China of Africa” manufacturing hub.
The country has been amongst the 5 largest recipients of FDI in Africa for the last 5 years in a row (Number 2 in 2025) and most of the FDI has been in the manufacturing sector.
Domestic investors too have been actively investing in the manufacturing sector including the investment by one of the country largest local companies (East Africa Holdings) which recently inaugurated Africa’s largest cement factory (Lemi). Another large local company (BKG) produces electric buses, vehicles and charging stations. Drones too are now produced locally.
I was glad to meet at the exhibition two women who lead two very successful furniture manufacturers—Technostyle (Amelework) and Waryt (Tihitina). Very impressive high quality furniture locally manufactured for export and the domestic market.
We at CBE Capital Investment Bank
@CBECapitalSC are already working with many Ethiopian manufacturers in capital raising (IPOs, Private Placements), M&A, JVs with international investors, etc. and look forward to supporting them in their future growth.
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@melaku_alebel @PMEthiopia @kassahungofe1 @EthioInvestment @EyobTolina @FitsumAdela @MoF_Ethiopia @AdanechAbiebie @btaye @EIHEthiopia @AbieSano