Ethio Lease, a subsidiary of Africa Asset Finance Company Inc. (AAFC), a US-headquartered equipment finance firm, enters Ethiopian market.
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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 Ethiopia’s Bahir…
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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 build an…
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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 production of…
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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 Huajian, the…
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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 lowest wage…
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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 an emblem…
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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 triples its…
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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 first nine…
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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 process Ethiopia’s…
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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 for its…
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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 1,500 people…
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