2merkato

The Indonesian pharmaceutical company, Sanbe Farma Company, is aiming to invest in pharmaceuticals industry of Ethiopia. Such was disclosed by the company’s president, Dr. Jahja Santose.

Delegation team from Ethiopia attended African Investments and Business Forum held in Algiers, Algeria. The forum was held from December 3 to 5, 2016 under the theme of “Towards a new dynamic”.

U.S. Embassy Chargé d'Affaires Peter Vrooman and Commissioner of the Ethiopian Investment Commission Fitsum Arega joined the board of the newly established American Chamber of Commerce in Ethiopia to mark the organization’s official launch.

Awash Winery aims to infiltrate the international market as the company is speeding up its expansion project to improve its capacity. The expansion work was begun in late 2014 and it now has reached one third completion. Upon conclusion of the expansion work, Awash will have a production capacity of 7 to 10 million liters a year.