Fana: At a Speed of Life!

Manufacturing Drive Bolsters Ethiopia’s Economic Sovereignty & Reduces Import Dependence — Minister

Addis Ababa, May 3, 2026 (FMC) — Ethiopia’s manufacturing sector is playing an increasingly important role in strengthening the country’s economic sovereignty and reducing dependence on imports, Industry Minister Melaku Alebel said during the opening of the 4th ‘Made in Ethiopia’ Expo.

Speaking at the event, which was officially launched by Prime Minister Abiy Ahmed, the minister emphasized the government’s continued commitment to expanding industrial production through stronger domestic manufacturing capacity.

The opening ceremony was attended by senior government officials, including Speaker of the House of Federation Agegnehu Teshager, President of the Federal Supreme Court Tewodros Meheret, Demeke Mekonnen, Vice President of the ruling Prosperity Party (PP) and Head of the Democratic System Building Center with the rank of Deputy Prime Minister, as well as other high-ranking officials and invited dignitaries.

In his remarks, Melaku said the achievements recorded by Ethiopia’s productive workforce under the ongoing reform agenda reflect the country’s growing momentum toward prosperity.

He described industrial development as a central pillar of the government’s broader development strategy, noting that a strong manufacturing sector helps safeguard national sovereignty, reduce economic dependency, and uphold national dignity.

According to the minister, sustained investment in manufacturing will enable Ethiopia to withstand external economic pressures while ensuring long-term sustainable growth.

He further stated that the government has implemented wide-ranging reforms in recent years, including macroeconomic measures, updated policy frameworks, and initiatives aimed at creating a more conducive environment for manufacturers to improve productivity.

Melaku also highlighted the establishment of the Manufacturing Industry Council, which he said was created to address challenges facing producers and improve efficiency across the sector.

He noted that reforms introduced over recent years have contributed to increased production capacity, expansion of locally substituted products, and improved export performance.

The minister added that the ‘Made in Ethiopia’ movement has played a key role in raising public awareness on the importance of supporting locally manufactured goods.

He further elaborated that the Expo will help strengthen collaboration among manufacturers, encourage experience-sharing, and facilitate research and technology transfer to enhance sector competitiveness.

Melaku reaffirmed the government’s commitment to addressing persistent challenges in the manufacturing sector, particularly in finance and infrastructure, while also emphasizing the importance of expanding rural industries to sustain the progress achieved over the past four years.

You might also like

Leave A Reply

Your email address will not be published.