Ethiopia's manufacturing sector is poised to expand

Subject

Ethiopia industrialisation.

Significance

The Ethiopian government is pursuing a strategy to expand the country's manufacturing base. Growth in export-oriented manufacturing is vital for sustained economic expansion that also could drive inclusive growth for a burgeoning population demanding economic opportunities.

Impacts

• State-led infrastructure investment will drive economic growth.
• The state will continue offering generous loans and financial incentives to attract export-oriented investors.
• Sustained success could spur other African countries and investors to identify alternative manufacturing bases.