During the current fiscal year, Ethiopia plans to earn $271 million from textile exports and create 30,000 jobs, in its effort to become the top textile manufacturing and exporting country in Africa through various industrial parks. According to the State Minister of Industry, $89.3 million was earned and 17,000 jobs created during the 2016-17 fiscal year. The government has a…
30 Aug 2017
Ethiopia to earn $271 million from textile exports
Following increased interest in the floriculture sector, 3,000 hectares of land has been readied for investors who wish to engage in flower farming. The government has also put in place a range of incentives and will give priority to those investors who come with their own capital.
29 Jul 2017
3,000 hectares ready for investors in floriculture
The first phase of the Hawassa Industrial Park has gone fully operational, marking a foundation for Ethiopia’s ambition to become the leading manufacturing hub in Africa.
22 Jul 2017
Hawassa Industrial Park goes fully operational as Ethiopia pushes to become manufacturing hub
Ethiopia is constructing its first ever pharmaceutical industrial park with the aim of transforming the health sector. The new park is expected to meet the country demand for a continuous supply of medicines for Ethiopians, adding value to the goal of sustainable health reform for Ethiopia.
22 Jul 2017
Ethiopia to set up first pharmaceutical park
Construction of the Reppie Waste-to-Energy facility, the first of its kind in Africa, is set to be completed in September 2017, providing alternative energy generation.
22 Jun 2017
Africa’s first waste-to-energy facility to launch soon
The second Growth and Transformation Plan aims to transform Ethiopia's industrial sector by building more Industrial Parks and new Integrated Agro-Industrial Parks (IAIPs) around the country. By 2025, the contribution of the industrial sector to GDP will have increased from 15% (in 2015) to 28%, and of manufacturing from 5% (in 2015) to 18%.
27 Apr 2017
Ethiopia to become the hub of light manufacturing in Africa
Ethiopia has launched Africa's largest eco-industrial park, dedicated solely to the textile and garment sector. The 1.3-million-square-metre facility will have thirty-seven factory sheds and its own renewable electricity source.
14 Jul 2016
Africa’s largest eco-Industrial Park Launched
PM Netanyahu and PM Hailemariam attend an economic forum in Addis Ababa with approximately 300 Israeli and Ethiopian businesspeople and senior company representatives, Ethiopian ministers and senior ministry officials.
7 Jul 2016
Ethio-Israel Business Summit Opens