ADDIS ABABA, ETHIOPIA – July 18, 2025 – A high-level meeting convened at Kilinto Pharmaceutical Industrial Park brought together key stakeholders from the Ministry of Finance, the World Bank Group, the International Finance Corporation (IFC), the Ministry of Health, the private sector, and the Industrial Park Development Corporation (IPDC). The gathering underscored Ethiopia’s firm commitment to transforming its pharmaceutical sector and establishing itself as Africa’s premier pharmaceutical export hub.H.E. Semereta Sewasew, State Minister of Finance, highlighted Ethiopia’s strategic investments in specialized industrial parks offering ready-made factory spaces, advanced infrastructure, and tailored services for pharmaceutical companies. These initiatives significantly reduce startup costs and operational barriers. She emphasized the sector’s critical role in ensuring affordable medicines, driving import substitution, and creating jobs for Ethiopia and the wider continent. While acknowledging that initial returns have sometimes fallen short of expectations, she stressed that “the next phase of reforms will focus on aligning regulatory and operational environments to attract greater investment into the pharmaceutical sector.” (ICE ADDIS ABEBA)

Fonte notizia: Ministry of Finance, Ethiopia