By Elias Gebreselassie – Personal hygiene products manufacturer Ontex opened its first production plant in Ethiopia under its Canbebe brand.
By Andualem Sisay Gessesse – Hawassa, Ethiopia– In summary: Following the economic growth of Asian and Far East countries that resulted in an increase of wage of the employees, global textiles giants … Read More
Ethiopian government has decided to continue working with Arvind Limited, one of India’s leading companies, as its partner in its drive for Green Industrialisation.
The African Export-Import Bank (Afreximbank) has approved a $200 million industrialisation liquidity facility for Egypt’s Banque Misr for the financing of small and medium-sized enterprises (SMEs) and to support light … Read More
African governments need to design better strategies in order to unlock the potential of African entrepreneurs and accelerate the continent’s industrial transformation, says the African Economic Outlook (AEO) 2017.
BY ANDUALEM SISAY GESSESSE –Following the increasing interest of both foreign and local investors in plastic products manufacturing, Ethiopian government has set ambitious plan of ending import of raw materials … Read More
Uganda needs to foster a higher level of industrial development to drive its economic transformation, the United Nations Economic Commission for Africa (UNECA) advised.
Haredo LLC chocolate company announced the completion of its around $5 million investment (110 million birr) brand new factory at the Tatek Special Industrial Zone in West Shewa, Oromia of … Read More
In an effort to develop regionally-driven recommendations for accelerating integration and industrialization in Africa, a high-level event is set to take place in Dakar, Senegal, on Sunday.
Nigeria has become self-sufficient in cement production and is now an exporter of the commodity, the government said.
Increasing its current earnings from textiles export by tenfold, Ethiopian government expects to generate one billion dollars per year when the recently established Hawassa Industrial Park, located 250 kilometers south … Read More
A delegation from Abia State of Nigeria, led by Governor Okezie Ikpeazu, today in Cairo conducted a one-day visit to the Headquarters of the African Export-Import Bank (Afreximbank).
By Andualem Sisay Gessesse – The Ethiopian government vows to force tax incentive beneficiary manufacturing companies return the tax incentives they enjoyed by promising the country to bring hard currency … Read More
By Luc van Kemenade for newBusinessEthiopia.com With public purchasing power on the rise, Ethiopia’s small but emerging middle class yearns to cruise around Addis Ababa in style.
Proras, Italian Engineering and Contracting company, which has been working in Ethiopia for the past nine years, invited Ethiopian Small and Micro Enterprises (SMEs) to follow Italian industrial development model … Read More