Jigjiga Export Slaughter House (JESH), which is a based in Ethiopia and built at a cost of 200 million Birr, will start exporting meat to the Middle East in the coming 2 weeks.
Add a comment Add a commentTurkish business tycoons are expected to come with Nihat Zeybekci, Turkey’s Economic Minister, during his visit to Ethiopia. According to Ayalew Gobeze, Ethiopia’s Ambassador to Turkey, the Economic Minister’s trip to Ethiopia is scheduled for some time in the coming month.
Add a comment Add a commentA total of 108,750 poor rural households in four regions of Ethiopia are expected to benefit from a financial agreement signed today between the International Fund for Agricultural Development (IFAD) and Ethiopia to boost small-scale irrigation schemes.
Add a comment Add a commentJuniper Glass Industries PLC disclosed it has finished all regulatory and merger requirements which enables it to form a venture with 2 other firms. The partnership between the 3 companies is going invest a total of 70 million USD and set up a glass manufacturing plant in Ethiopia. For this investment Juniper has joined hands with CONSOL Glass and Roha Venture.
Add a comment Add a commentInvestment Board, presided by the Prime Minister, ordered Development Bank of Ethiopia (DBE) to modify its lending policy in favor of foreign horticulture investors. From now on the bank, as per the board’s decision, will exempt foreign horticulture investors from the 50 percent deposit requirement other foreign investors have to fulfill.
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