🇪🇹 Ethiopia's ambitious industrial park network, a key driver of its manufacturing boom, faces a critical test in 2026 as economists debate whether export gains can offset mounting debt. With over 20 parks generating 50%+ of manufactured exports, the government remains bullish—but sustainability questions loom.
Factories, Jobs, and Skills
At Addis Ababa's Bole Lemi zone, workers like Tekleberhan Nigusse showcase the human impact: "Factories here don't just pay better—they teach skills that change lives," he says, operating machinery at Gelila Manufacturing's shoe plant. 🏭 Over 90,000 jobs have been created nationwide, with 40% of park investors coming from overseas.
The Debt Dilemma
While CEO Fesseha Yetagesu highlights $1.5B+ annual exports and "positive growth" in loan repayments via land leases, experts warn of risks. "Non-concessional loans for parks strained debt sustainability," notes economist Tewodros Mekonnen, referencing Ethiopia's shift toward concessional funding under its home-grown reform program.
Africa's Industrial Crossroads
As Ethiopia focuses on improving productivity and investor retention, its experience mirrors continental trends. 🌍 Can export-led manufacturing balance growth and debt? With industrial parks now central to Ethiopia's economy, 2026 may prove pivotal.
