Latest Business Alerts

Ethiopian Cotton Growers Call for a Designated Authority

Cotton growers in Ethiopia called for the establishment of a federal authority designated to address the industry at a consultative meeting with the representatives from the Ethiopian Institute of Agricultural Research and the ministries of Agriculture and Industry.

Their proposal was supported by representative from the textile factories, agriculture experts, entomologists, chemical and pesticide companies.

The need for a designated federal authority is due to complaints that the Ministry of Agriculture bureau designed to handle agriculture investment has been unable to address the issues affecting the industry.

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Ethiopian Airlines to be First in Africa to Operate Dreamliner

Ethiopian Airlines, Ethiopia’s flag carrier, will be the first airline in Africa to operate the 787 Boeing Dreamliner according to Tewolde Gebremariam, Chief Executive of Ethiopian.

Tewolde took a tour of the first Dreamliner expected to arrive later this year when in Seattle to discuss the delivery with Boeing executives in Seattle according to a statement made by the airline.

Tewolde met with Jim Albaugh, President and Chief Executive of Commercial Airplanes as well as Larry Loftis Vice President and General Manager of the 787 and other program managers to discuss the airlines first delivery and received an update on the Dreamliner program and production explained the statement.

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Alta Computec to Introduce New Sharp Products

Alta Computec plc, official dealer of Sharp products in Ethiopia, introduced new high tech printers, video conferencing systems, replacement of projections and Interactive Liquid Crystal Displays.

The new printers are multifunctional and the interactive LCDs can serve as whiteboards explained Ravinder Kumar, Deputy General Manager and Business Solutions Manager with the Middle Eastern Division of SHARP, speaking at a workshop held to introduce the products.  

The new products come in different sizes which will be significant for the Ethiopian market according to Kumar.

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Ghion Hotel, Ethiopia Up for Privatization

Ghion Hotel, Ethiopia is up for sale after a bid to attract joint venture investors issued by the Privatization and Public Enterprises Supervisory Agency failed to attract interest.

PPESA will also be revising the estimated minimum price set for the hotel according to Wendafrash Assefa, Head of Public Relations with the agency.

The Ghion hotel has been up for joint investment with the government for some years but the deals that have been arranged failed a couple of times.

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Abergale ILD, Ethiopia to Export Meat through Mekelle Airport

Abergale International Livestock Development plc, Ethiopia is to begin the export of fresh meat through the newly constructed cold storage area at the Mekelle Alula Aba Nega International Airport.

Abergale buys animals from farmer’s co-operatives and traders in Amhara, Afar and Tigray Regional states. The animals are housed in four different locations with veterinarian checks for quality before they are taken to slaughterhouses for export to various destinations; Angola, Egypt, the Comoros Island, and gulf countries like Bahrain, Jordan, Kuwait, Qatar and the United Arab Emirates according to Gebre Egziabher Kidanu Head of the Marketing Department of the company.

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