Addis Ababa, February 3, 2026 (FMC) — Prime Minister Abiy Ahmed (PhD) told lawmakers today that Ethiopia’s industrial and manufacturing sectors have achieved remarkable growth over the past six months, reflecting the success of the government’s economic reform agenda and the “Made-in-Ethiopia” initiative.
Addressing the 10th regular session of the Ethiopian Parliament, PM Abiy said that industrial capacity utilization in Ethiopian factories has risen from 47 percent three years ago to 66.3 percent, while industrial energy consumption grew 16 percent in the past six months alone.
He highlighted that the initiative has enabled the domestic production of goods previously imported, totaling $3.4 billion, with export earnings from the sector expected to double by the end of the fiscal year. The growth has been supported by anchor investors and large-scale manufacturing enterprises, which are contributing significantly to industrial output and the national economy.
PM Abiy also pointed to the rapid expansion of businesses across Ethiopia, noting that out of more than 2.6 million registered enterprises, 413,000 are manufacturing businesses, and the government is actively opening opportunities for both domestic and foreign investors.
The Prime Minister further emphasized that the industrial sector’s growth is part of a broader multi-sector economic reform, complementing progress in agriculture, services, and trade, and contributing to Ethiopia’s overall GDP growth, which is projected at 10.2 percent for the 2025/26 fiscal year.
“The expansion of our industrial base and the shift toward domestic production demonstrate the tangible results of Ethiopia’s economic reforms,” PM Abiy said. “This is a clear example of how strategic policy and the determination of our people are transforming the country’s economy.”