Manufacturing

New fund to save jobs in Ethiopia’s textile industry – etbaba.com

A $6.5 million fund set up between the UK and Germany in collaboration with the Government of Ethiopia aims to save thousands of jobs in Ethiopia’s textile and garments industry, while helping to support the country’s economic recovery from COVID-19. This is stated in a press statement distributed to the media on behalf of the …

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Ethiopia inaugurates 13th industry park in Bahir Dar – etbaba.com

The Government of Ethiopia on Wednesday inaugurated its 13th industrial park in the capital of Amhara region, Bahir Dar City. Built on 75 hectares of land Bahir Dar Industrial Park is inaugurated in the presence of Prime Minister Abiy Ahmed of Ethiopia. It is indicated that eight sheds are already built within the Park, and …

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Exponential growth possible for Africa’s automotive industry – etbaba.com

The development of regional value chains could see new vehicle sales increase from 1 million to 5 million units a year across Africa, according to Afreximbank. Speaking at a recent online seminar to promote the African continent’s premier trade event, the Intra-African Trade Fair (IATF2021), to be held in Kigali, Rwanda, from 6 – 12 …

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Ethiopia set to make industrial parks more productive – etbaba.com

BRIDGES, a new initiative financed by Mastercard Foundation is set to help Ethiopia make its industrial parks more productive by improving the skills of employees and facilitating linkages of the Parks with small and medium local companies. Officially launching program, which will be implemented over the coming five years, the Ethiopian Investment Commission and First …

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AfCFTA urged to ensure level playing field for African sugar producers – etbaba.com

The African Sugar Development Task Force (ASDTF) called on the African Continental Free Trade Area to ensure a level playing field for African sugar producers as member state negotiators aim to finalise trading rules under the African Continental Free Trade Agreement (AfCFTA) by January 2021. The call is made today during a webinar hosted by …

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Ethiopia inaugurates COVID-19 testing kits manufacturing – etbaba.com

Prime Minister of Ethiopia, Abiy Ahmed today inaugurated coronavirus (COVID-19) test kit manufacturing factory in the capital, Addis Ababa. The new factory is constructed by the Chinese company, BGI Health Ethiopia. It is stated that the company has several pharmaceuticals and medicines manufacturing factories in many countries. Constructed inside Bole Lemi Industrial Park, the new …

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Walia urges Ethiopian government to solve forex shortage – etbaba.com

Walia Steel Industry Private Limited Company, one of the fastest growing manufacturing industry in Ethiopia, urged the Government of Ethiopia to address the foreign currency shortage and allow the company to be able to use its full manufacturing potential. General Manager of Walia, Badege Kebede told NewBusinessEthiopia.com that the company couldn’t be able to import …

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Amio Engineering to commence tractor assembly – etbaba.com

Amio Engineering Private Limited Company, which has manufacturing machinery spare parts and molds for close to two decades, plans to commence tractor assembly in Ethiopia. The company has been engaged in producing some parts of tractor over the past years and related agricultural machineries, according to Ibrahim Yassin, General manager and one of the founders …

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How two former Ethiopian civil servants create 70 jobs – etbaba.com

Founded by two dedicated entrepreneurs who decided to leave their jobs as civil servants 18 years ago, Amio Engineering PLC, has now created 70 permanent jobs after going through so many ups and downs. One of the founders of the company and General Manager of Amio Engineering PLC, Ibrahim Yassin told NewBusinessEthiopia.com that out of …

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