Dear Exhibitors and Visitors,
We are excited to announce the launching edition of TOFAS Ethiopia, the Tools and Fasteners Exhibition, to be held from September 29 to October 1, 2023, at the Skylight Hotel in Addis Ababa. This exhibition is the perfect platform for local and international manufacturers and suppliers to showcase their latest products and innovations in the tools and fasteners industry.
Ethiopia is one of the fastest-growing economies in Africa and has shown remarkable progress in industrialization in recent years. The country is currently focusing on developing its infrastructure and manufacturing sectors, which creates significant demand for tools, fasteners, and related products. The Ethiopian government has also launched initiatives to promote the development of the country's manufacturing sector, creating more opportunities for local and international players in the tools and fasteners industry. With a population of over 100 million and a rapidly growing economy, Ethiopia presents tremendous potential for the tools and fasteners industry. This makes Ethiopia an attractive market for businesses in the tools and fasteners industry looking to expand their market reach.
The construction and infrastructure sectors are booming, creating a high demand for quality tools and fasteners. Additionally, the country's industrialization drive has led to an increase in manufacturing activities, which also require reliable tools and fasteners.
TOFAS Ethiopia will provide an excellent opportunity for exhibitors to connect with buyers, distributors, and industry professionals from Ethiopia and beyond. The exhibition will feature a complete product range, with the presence of major manufacturers and suppliers. Visitors can expect to see the latest tools and fasteners, including hand tools, power tools, pneumatic tools, and fasteners for various applications.
We look forward to welcoming you to TOFAS Ethiopia and to a successful event that will bring the tools and fasteners industry together in one place.
Ethiopia has one of the fastest-growing economies in the world and is Africa's second most populous country.
GDP growth has increased by 10.9% Since the last few years.
Major Industries of Ethiopia include Agriculture, Manufacturing Minerals and Mining, Energy, Transportation, Textiles etc.,
The Ethiopian government is stepping up its efforts to attract foreign investors.
Major brands have established themselves in the country and trade agreements
Industry Growth Rate: 12 - 14%
95% Import Dependent