country profile
From hydro dams to gold mines, Ethiopia’s massive infrastructure drive is opening doors for global suppliers, fabricators and stainless steel specialists across Africa. Ethiopia: Building Power, Prosperity and a New National Future
Ethiopia, officially the Federal Democratic Republic of Ethiopia, is fast becoming one of Africa’s most dynamic construction and industrial markets. With a population of almost 135 million, second only to Nigeria, the Horn of Africa nation is leveraging its vast human capital and natural resources to reshape its economy. Known for a history that stretches back over 2 000 years, Ethiopia is now firmly focused on the future. Its government has embarked on a string of mega projects in energy, transport, mining and urban renewal, collectively valued at more than 30 billion US dollars. The goal is clear: to industrialise, modernise and secure self-sufficiency in energy and infrastructure. Despite hurdles such as inflation, poverty and the lingering effects of a 2023 debt default, the country is
pushing ahead with wide-ranging reforms backed by the IMF and World Bank. For investors, fabricators and material suppliers, Ethiopia represents both a challenge and an extraordinary opportunity. Powering Progress: From Hydropower to Nuclear Ambition In September 2025, Prime Minister Abiy Ahmed announced an ambitious new wave of projects, including the nation’s first nuclear power plant. The announcement came as Ethiopians celebrated the completion of the Grand Ethiopian Renaissance Dam (GERD), the largest hydroelectric dam in Africa, with a capacity of 6 450 megawatts.
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Issue 4 – 2025
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