New Business Ethiopia

BRIDGES, a new initiative financed by Mastercard Foundation is set to help Ethiopia make its industrial parks more productive by improving the skills of employees and facilitating linkages of the Parks with small and medium local companies.

East African Holding, one of industrial conglomerates in Ethiopia known for its investments in manufacturing of consumer goods, has moved to real estate development by launching construction of 600 houses in the capital, Addis Ababa.

Industrial parks in Ethiopia have exported worth $122 million products during the first nine months of current Ethiopian fiscal year started July 8, 2019.

A new study reflects on the challenges and the huge economic potential of the new Addis Ababa – Djibouti rail way corridor and the Chinese investments in Ethiopia.

The government of Ethiopia has secured $103 million export earnings from products manufactured in industrial parks over the first nine months of its fiscal year started July 8, 2018.

Introduced over the past few years, the nine operational industrial parks in Ethiopia have created a total of 64,000 jobs.

By Gedion G. Jalata – The Ethiopian government on 5 June 2018 announced to undertake partial and complete privatization of major state owned enterprises. According to the government: Railway Service, Sugar Plants, Industrial Parks, Hotels and other manufacturing enterprises could be transferred to the private sector partially or fully while Ethio-Telecom, Ethiopian Airlines, Hydropower Plants and Martime […]