Investors Praise Ethiopia’s Economic Reforms

Business

Addis ababa: Investors in Ethiopia's agro-processing sector have affirmed that ongoing economic reforms and industrial support initiatives are creating favorable conditions for business expansion and investment growth. They emphasized that the government has introduced a range of reforms and incentives aimed at strengthening both local and foreign investment.According to Ethiopian News Agency, several encouraging measures, including recent macroeconomic reforms, the 'Made in Ethiopia' initiative, and various policy adjustments, are designed to boost domestic manufacturing and industrial productivity. Enyew Chane, DINA Food Processing Company Sales and Distribution Manager, said the government is supporting the manufacturing sector through several initiatives, particularly the 'Made in Ethiopia' movement.Enyew noted that the continued implementation of the initiative is playing a significant role in promoting locally manufactured products, expanding market access, and creating stronger market linkages. DIN A Food Processing Company produces a variety of products, including wheat flour, maize flour, and inputs supplied to beverage factories. He also mentioned that, in addition to supplying products to the domestic market, the company is making efforts to enter the export market.Tena Cooking Oil Company Sales Manager Tomas Brehanu also appreciated the government's efforts to strengthen connections between producers and buyers through industrial promotion initiatives. According to him, supporting local investors engaged in manufacturing contributes significantly to national economic growth through import substitution, job creation, and improved product supply.During the 4th 'Made in Ethiopia' Expo 2026 held this fiscal year, marketing agreements worth more than 57 billion birr were secured, while over 350 industries from five major sectors participated in the exhibition.