Skip to main content
x

Two-billion steel manufacturer on the horizon

A local company established by four Ethiopian investors, Tadash Steel Manufacturing Industry Plc, has built a steel factory at a total cost of two billion birr in Dukem town, in the Special Zone of the Oromia Regional State.

Rebar procurement draws complaint from manufacturers

A recent procurement bid for reinforcement bars, issued by the Ethiopian Construction Works Corporation (ECWC), has infuriated industry players as the state run corporation imports thousands of tons of metal products, while only intending to buy a few kilograms of rebar, locally.

Metal manufacturers struggle to survive

Metal and engineering industries have expressed their concerns that many manufactures will likely be forced to close shops due to lack of access and shortage of foreign currency to import raw materials, while traders have the flexibility to import finished metal and engineering products.

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.