2merkato

Kabu Coffee has announced plans to market export standard Ethiopian coffee. The company has expanded its investment capital to 10 million birr for this venture.

Kabu is marketing high quality roasted coffee to international and domestic customers according to Aman Adinew company advisor. The company aimed to venture out in this direction from the outset he said.

Kabu strives to carefully control the quality of its ingredients to ensure the quality service promised by its slogan ‘Coffee Redefined’ said Aman.

A milk processing center was inaugurated in Oromia Regional State, Ethiopia. The processing center was constructed with the financial support of the Japanese government said a press release from the Japanese Embassy.

The Japanese Grant Assistance for Grassroots Human Security Projects provided 86,581 US dollars in funding for the project.

A 150% tax will be imposed on the export of semi-finished leather from Ethiopia as of this month according to the Ministry of Finance and Economic Development. The move is expected to encourage the export of finished leather and leather products.

The new tax was announced by a joint statement of the MoFED and the Leather Industry Development Institute.

The Ethiopian Ministry of Water and Energy concluded a 2.4 million birr project to assess the Water Sanitation and Hygiene of Addis Ababa on the 1st of December as part of a national effort.

It is expected that the information gathered will play a crucial role in helping Ethiopia provide 100% water supply coverage.

The assessment included water supply for households, sanitary facilities, and the financial ability of households to pay the water rates. The inventory was carried out by data collectors trained from each area.