Ethiopia plans to produce 483,000 tons of sugar
Ethiopian Sugar Corporation, the state agency in charge of sugar development in Ethiopia, aims to produce 483,532 tons…
Manufacturing
Ethiopia gets first foreign leasing company
Ethio Lease, a subsidiary of Africa Asset Finance Company Inc. (AAFC), a US-headquartered equipment finance firm, enters Ethiopian…
Hong Kong company takes Ethiopia’s Bahir Dar Industry Park
Hop Lun, the Hong Kong-based textile and garment company has decided to fully take over the recently built…
Chinese to invest $500 million in industrial park in Ethiopia
By spending over $500 million investors from Kunshan, a city in Jiangsu province of China, are set to…
Africa adviced to reduce over-dependence on imported medicines
The Horn of Africa trade forum ended in Addis Ababa, Ethiopia, calls on African countries to increase domestic…
Ethiopia awards Jimma Industry Park to Chinese company
The government of Ethiopia has awarded the management of the recently built state owned Jimma Industry Park to…
Study urges Ethiopia to assure fair wage for textiles workers
The government of Ethiopia and global fashion brands have failed Ethiopians working in the textiles factories ignoring the…
New brewery unveils Anbessa Beer in Ethiopia
United Beverages, a new entrant to the beer industry of Ethiopia, revealed “Anbessa Beer” a new brand showcasing…
Euro Cable Ethiopia set to triple production
Euro Cable Private Limited Company, a joint venture between Ethiopian and Turkish, today inaugurates a new factory that…
Ethiopia’s industrial parks generate $103 million export income
The government of Ethiopia has secured $103 million export earnings from products manufactured in industrial parks over the…
Chinese companies to setup $2 billion bamboo processing in Ethiopia
Two Chinese companies have concluded a deal with Ethiopian government to invest a total of $2 billion to…
E-Trike launches electric car assembly in Ethiopia
Mitsui and Co. Ltd, the Japanese electric auto manufacturing company on Friday launched an assembly plant in Ethiopia…
Malaysian company to produce edible oil in Ethiopia
Golden Africa, a Malaysian company is set to invest in edible oil manufacturing in Ethiopia creating jobs for…
Ethiopia invites investors to buy 13 sugar factories
The Ministry of Finance of Ethiopia and Ethiopian Sugar Corporation today invited buyers to express their intent to…
Uniliver inaugurates signal toothpaste factory in Ethiopia
Uniliver, a multinational consumer products manufacturing company, has started producing toothpaste in Ethiopia.
A new brewery set to enter Ethiopian market next month
Built with an investment capita of 1.5 billion birr (around $53.1 million) Kangaroo Plast, a local company, is…
Ethiopia inaugurates Debre Birhan Industrial Park
Prime Minister Abiy Ahmed of Ethiopia and visiting Kenyan President Uhuru Kenyatta today inaugurated Debre Birhan Industrial Park…
Kenyan President visits Ethiopia’s Hawassa Industrial Park
The President Of Kenya Uhuru Kenyatta visits Hawassa Industrial Park of Ethiopia today along with Prime Minister of…
Ethiopian smallholder farmers move into manufacturing
Over 128,000 smallholder farmers organized in union in the Amhara Region of Ethiopia have moved into manufacturing by…
Hyundai opens car assembly in Ethiopia
The Korea auto brad Hyundai has opened a assembly plant in Ethiopia. The Assembly is opened by the…
Ethiopia vows to make sugar import history
Ethiopian Sugar Corporation (ESC), the state agency in charge of regulating the industry says, Ethiopia will meet its…
Coca Cola to fund charities in Ethiopia
The Coca Cola Company is set to fund charities in Ethiopia by donating 1 Birr ($0.035) for every…
Industrial parks in Ethiopia create 64,000 jobs
Introduced over the past few years, the nine operational industrial parks in Ethiopia have created a total of…
Adama Industrial Park begins export
The recently inaugurated Adama Industrial park of Ethiopia has started exporting its products. A Chinese textile company, Antex…
Africa urged to coordinate fund-sourcing for industrialization
From Chad to the Democratic Republic of Congo, the economies of Central Africa must fully industrialize to survive.…
Kenya, South Africa apparel manufacturers to become super vendors
After marking its presence in 15 countries, ThreadSol is all set to explore the African apparel industry to…
Nissan launches zero emission car production
The Nissan Sylphy Zero Emission, the first Nissan electric car made for China, has begun rolling off the…
UN agency calls for Africa’s pharmaceutical development
There is an urgent need to develop the pharmaceutical industry in Africa to reduce the continent’s dependence on…
Automotive alliance achieves record first-half sales
Renault-Nissan-Mitsubishi, the world’s largest automotive alliance, today announced that unit sales at its member companies rose 5.1 percent…
Ethiopian Airlines, Germany’s ACM Aerospace partner to manufacture aircraft parts
Ethiopian Airlines Group signed a partnership business agreement with ACM Aerospace of Germany pursuant to the aerospace manufacturing…