Archive for the ‘Manufacturing’ Category

Students Hope to Boost Ethiopian Economy with Wine

Friday, January 28th, 2011

Last summer, six MBA students from Emory’s Goizueta Business School concluded that Ethiopians could potentially stimulate their economy through the production of high-quality grapes and wines if given proper funding and manpower.

Ethiopia’s new development plan hopes to boost economy by 15%

Friday, August 13th, 2010

By Tesfa-Alem Tekle August 11, 2010 (ADDIS ABABA) – Ethiopian Prime Minister Meles Zenawi said on Wednesday that the country’s economy will achieve a 15% economic boost from a new 5-year national development plan.

Ethiopia eyes end of food aid within five years-PM

Thursday, August 12th, 2010

By Barry Malone ADDIS ABABA, Aug 11 (Reuters) - Ethiopia may not need any food aid within five years thanks to an ambitious development plan that targets a heady average economic growth of 14.9 percent over the period, its prime minister said on Wednesday.

Ethiopia triples gold revenue to $300 mln

Tuesday, August 3rd, 2010

By Barry Malone ADDIS ABABA (Reuters) - Ethiopia has almost tripled earnings from gold exports to $300 million in 2009/2010 from $105 million in 2008/2009, outpacing plans to double revenue this year, its mines minister said on Monday.

Chinese company approaches Ethiopian market with latest technology

Friday, June 4th, 2010

ADDIS ABABA, June 3 (Xinhua) -- A Chinese electronics manufacturer, namely Hisense, is promoting latest technology in Ethiopian market.

African economies to grow by 4.8 per cent in 2010, says report

Tuesday, May 18th, 2010

Addis Ababa - Africa's economic growth is expected to rebound to 4.8 per cent in 2010 after dipping by over 2 per cent in 2009, a report released Tuesday said.

China, Ethiopia Inaugurate Joint-venture Project

Monday, May 17th, 2010

China and Ethiopia on Saturday inaugurated PVC Window Frames Factory, a joint project of the China Sichuan International Cooperation Co. Ltd. (SIETCO) and the Prefabricated Building Parts Production Enterprise (PBPPE) of Ethiopia, here in Addis Ababa, the capital of Ethiopia.

Ethiopia Business Forecast Report 2010

Thursday, April 15th, 2010

Gearing Up For Stronger Growth In 2010. Having enjoyed a healthy 11.4% annual average rate of growth over the course of 2004-2008, we believe the Ethiopian economy slowed significantly during 2009 as global demand conditions deteriorated. In the years leading up the international economic crisis, Ethiopia capitalised on the upswing ...

Indian firm in race for $80 mn cement factory in Ethiopia

Friday, March 5th, 2010

ADDIS ABABA: A Indian company is competing against four Chinese firms for an 80-million dollar contract for the construction of the Habesha cement  factory that will help to ameliorate some of its chronic shortage in the East African nation.

Italian owned company to produce electric cars in Ethiopia

Monday, February 22nd, 2010

 February 20, 2010 -- An Ethiopian company called Free Style PLC plans to assemble electric cars in Ethiopia at its plant in Legetafo, Signor Carlos Pironti, according to Reporter.