Africa-Press – Ethiopia. Ethiopia’s livestock industry as a high-potential investment frontier, citing vast opportunities for growth and profitability, according to the Livestock and Fishery Resources Development (LFRD) at the Ministry of Agriculture.
Tsigereda Fekadu, Lead Executive for LFRD at the Ministry, told ENA that the government is pushing forward major reforms to unlock the sector’s untapped potential.
With one of the largest livestock populations in Africa, Ethiopia is positioning itself as a key player in animal husbandry and veterinary health services.
“There are substantial opportunities, especially in the production and distribution of veterinary medicines and vaccines,” Tsigereda said.
She emphasized that Ethiopia’s livestock sector currently contributes 26 percent to the agricultural GDP and plays a critical role in employment and livelihoods, particularly for farmers and pastoralist communities.
While briefing the efforts that have executed, she emphasized that the ministry has been implementing value-chain development initiatives, including feed production, breed improvement, and better transportation for livestock products to boost domestic and export potential.
Reforms are also being rolled out to attract both local and foreign investors, with a particular focus on easing challenges related to animal feed supply and enhancing veterinary infrastructure.
“The veterinary sector remains significantly underdeveloped, especially in vaccine and medicine production, making it a prime area for investment,” Tsigereda noted.
To further encourage investment, the government is offering a range of incentives, including land access, tax holidays until profitability is achieved, and detailed implementation manuals on key areas such as animal feed and veterinary health.
Government policies are also being refined to enhance the quality of meat, milk, and hides, capitalizing on Ethiopia’s favorable climate and geographic diversity. “The Ministry of Agriculture is committed to supporting investors at every stage, ensuring long-term success and mutual benefit,” she affirmed.
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