Ethiopia is currently the leading country in Africa's bamboo industry.

With a population of nearly 110 million, Ethiopia is a big consumer country in Africa.

Bamboo resources are abundant, and the area of bamboo forests exceeds 1 million hectares, accounting for 68% of the total area of bamboo forests in Africa.

According to statistics, there are currently more than 3 bamboo products enterprises in Ethiopia. In general, the development of the bamboo industry in Ethiopia still faces problems such as a lack of bamboo forest management, poor market development, an imperfect bamboo industry chain, and weak scientific research and technology promotion.

Thanks to years of coordinated efforts by the International Bamboo and Rattan Organization, the development of Ethiopia's bamboo industry has ushered in unprecedented opportunities.

Ethiopia has low labor costs and is suitable for the development of the labor-intensive bamboo industry.

The market demand for bamboo products is large, and it has good investment policies.

Ethiopia has many attractive investment opportunities. The government has identified a number of investment opportunities, priority sectors, and incentives, and regularly produces investment guides to disseminate information to potential investors.

Include priority sectors and various opportunities that investors may wish to consider.

In the latest investment guide, it is pointed out that bamboo is a commodity with great potential and is suitable for profitable investment in Ethiopia, so the bamboo industry is identified as a priority investment field.

Based on the newly released investment guidelines, INBAR held a workshop on recognizing the investment potential of bamboo. The meeting invited investment experts and executives from the EIC, as well as representatives from the Ethiopian Forestry and Climate Change Commission, the private sector, and SMEs.

The meeting discussed the prospects of bamboo in Ethiopia's value chain development and improvement of people's livelihood and the opportunities and challenges of investing in the bamboo industry.

Participants said that it is a good start for EIC to include the bamboo industry in the national investment guideline, which requires the joint efforts of all parties. Further, promote the bamboo industry to become a new investment brand of the country.

The meeting also proposed the establishment of a bamboo association to coordinate parties and connect the private sector with the government to promote investment.

Ethiopia's bamboo plantation area is about 1 million hectares, accounting for 10% of the world's bamboo forest area. Last year, Ethiopia joined the training program on bamboo cultivation and processing organized by the United Nations Industrial Development Organization, gradually forming a large-scale industrial production of bamboo products.

Now, bamboo toothpicks and papers as small as bamboo flooring and furniture have been exported to Kenya, Canada, and other countries.

Ethiopia is rich in bamboo resources. Local people like to use wild bamboo to make furniture.

In recent years, bamboo products have become popular all over the world, and Ethiopia has gradually discovered potential business opportunities in bamboo.