This report is part of the African Development Bank’s analytical work focused on informing its dialogue with the government of Ethiopia and providing a factual, analytical basis for the next Country Strategy Paper. Profiled extract from the executive summary:

“Limited regional integration constrains trade as well as inclusive growth and structural transformation. Reforms are needed to deepen and diversify trade, export products, and markets for Ethiopian exports. The government could consider targeting increased processing for the domestic market in agriculture and light manufacturing (such as pharmaceuticals) given the country’s population of 115 million people. Doing so would cushion Ethiopia from external shocks that limit export revenue and thus enhance job opportunities in agriculture, industry, and services. Ethiopia also needs to take advantage of the AfCFTA agreement, which will help boost exports across Africa by lifting trade barriers. And harnessing the country’s tourism potential through increased investments in air, road, and communications networks – as well as stronger institutions and better services – will contribute to higher foreign exchange earnings.”

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