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Ethiopia to host International Conference on Sustainable Industrial Areas

Ethiopia is set to host the eighth edition of the International Conference on Sustainable Industrial Areas in the capital starting on April 8th. To be held at Intercontinental Addis, this is the first time it has been brought to the country, after being held in countries such as India, China, Indonesia, Turkey, Mexico, Morocco and Egypt, previously.

Ethiopia misses export target yet again

Withthe country struggling to contend with the extended security crisis, more reports are emerging revealing an alarming trendin the performance of Ethiopia’sexport sectorasthe Ministry of Trade and Industry (MoTI) continues tograpple with illicittrade activities.

Chinese manufacturer plants foot in Ethiopia

Wondfo JCC, a division of GUANGZHOU WONDFO BIOTECH CO., LTD, a China based company is opening-up shop in Ethiopia partnering with REY Import and Export PLC, Delta Instrument Technology PLC and EZM,local Ethiopian enterprises.

Italian textile maker unveils export of synthetic products

Joining the Ethiopian investment landscape with a capital outlay of USD 100 million, Cavico Group, an Italy-based textile giant, which has set up shop at the newly inaugurated Kombolcha Industrial Park, has launched the export of specialized synthetic textile products to the European markets, The Reporter has learnt.

Adama gets USD 140 million Industrial Park

The first phase of the USD 140 million Adama Industrial Park was inaugurated by Prime Minister Abiy Ahmed (PhD) on Sunday October 7, 2018.

The industrial park rested on 365.5 hectares of land and the first phase which saw the construction of 19 manufacturing sheds took place in 102 hectares of land, according to information from the Industrial Parks Development Corporation (IPDC).

ASFW set to attract multinationals

With multitudes of manufacturers and trade professionals ready to descend to the capital, the 4th African Sourcing and Fashion Week (ASFW) is set to start on Monday at the Millennium Hall.

Investment Commission commissioner resigns

At the helm for a mere six month after replacing the long-time commissioner, Fitsum Arega; the recently promoted commissioner of an institution that has become an important government agency in charge of luring foreign investment and changing the narrative of the nation, Belachew Mekuria (PhD) has cited family obligations as a reason for his resignation.