The sector presents numerous growth opportunities as Ethiopia seeks to establish itself as a major manufacturing hub within Africa. A large and increasingly educated labor pool, competitive wage rates, low energy costs, improving business operating conditions, and a growing number of industrial parks with ready-to-use facilities are all providing suitable conditions for investment in manufacturing. Cephues intends to focus on opportunities in a range of import substituting industries as well as in manufacturing companies geared towards export markets.

With Ethiopia’s large population, growing urbanization, and steadily rising disposable incomes, Cepheus sees attractive opportunities in various service sectors, including education, healthcare, business services, tourism and the digital/technology space.