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Cepheus Capital partners Tabor Ceramics

Cepheus Growth Capital Partners has invested in one of Hawassa's ceramic makers, Tabor Ceramics Products Share Company and is to hold a “significant minority stake” in the company.

Wuxi No. 1 Cotton Ethiopia Textile Plc Opens Plant in Dire Dawa

ADDIS ABABA: Wuxi No. 1 Cotton Ethiopia Textile Plc., a Chinese textile manufacturer, has opened its textile factory in Dire Dawa’s Industrial Park. Found inside 52 hectares of land with over USD 220 million spent, it has, so far, created more than 1500 local jobs in the area and is expected to reach 3500 once it’s fully operational.

Local Group lands JV deal with Geepas

Belayab Group – a conglomerate with a diversified business portfolio ranging from hospitality, electric cables supply and food processing in addition to car assembly has signed a joint venture agreement with Geepas—a leading consumer electronic brand in the Middle East – for the manufacturing and assembly of Geepas products in Ethiopia.

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.