Addis Ababa, May 3, 2025 (FMC) — Prime Minister Bbiy Ahmed said 13,800 new small and medium-sized enterprises (SMEs) have become operational since the launching of the Made in Ethiopia movement.
Speaking at the inauguration of the 3rd Made in Ethiopia Expo, the premier also revealed that import substituting goods worth 3 billion US dollars were produced in the first nine months of the current Ethiopian fiscal year.
The expo has brought together 288 manufacturers from seven sectors.
PM Abiy emphasized on the occasion that manufacturing continues to play a vital role in the country’s development, serving as a key driver of economic transformation and cooperation.
The factories that have operational across diverse sectors have contributed to improved export performance, he noted.
For example, gold exports have generated about 2.5 billion US dollars over the past ten months bolstered by the opening of modern gold production factories.
Preparations are also underway to begin export and produce cement for local use by launching new factories, Abiy said, adding that other sectors have also shown promising progress under the Made in Ethiopia movement, which has significantly boosted productivity.
Since the launching of the movement, production capacity of industries has increased from 46 to 61 percent.
Additionally, 830 non-operational factories have resumed production, contributing to the revitalization of the industrial sector, according to the PM.
Stating the increasing energy demands of domestic industries, he said activities have been underway to produce inputs that help to generate solar energy domestically.
Despite ongoing challenges, PM Abiy affirmed the government’s commitment to supporting continued growth through pragmatic, solution-oriented strategies.