Ethiopia’s Growth Boosts Manufacturing

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Ethiopia’s Ministry of Industry said the nation’s strong economic performance is creating major opportunities for manufacturing expansion. State Minister Tarekegn Bululta noted the sector’s growth has exceeded double digits, driven by reforms under the Homegrown Macroeconomic Reform Agenda. Companies such as Boom Manufacturing and HK Business Group cited import substitution gains and rising competitiveness. The government’s continued focus on industrialization aims to sustain double-digit national growth and strengthen domestic production.