Related Keywords: attracted investors from United Kingdom, better industrialization policies, blossomed in recent years, cheap electricity, Ethiopia manufacturing industry, invested billions of dollars in foreign direct investment, Kenyan government, not laid out policies to boost industrialization, textile and other sectors of the economy, Turkey and India
Ethiopia manufacturing industry has blossomed in recent years due to better industrialization policies from the government and has attracted investors from United Kingdom, Turkey and India who have invested billions of dollars in foreign direct investment (FDI) in the textile and other sectors of the economy while the Kenyan government has not laid out policies to boost its industrialization, leading to a near-stagnation.