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The Metal and Engineering Corporation and the Sugar Corporation signed an agreement to build Kesem Sugar factory with Complant, a Chinese company. Kesem Sugar factory is one of ten new sugar factories to be built in Ethiopia.

The agreement was reached for the Metal Engineering Corporation to consult with Complant for the design of the factory. The Corporation will construct the factory and install machines as well as handling other civil works.

The Mayor of New York City has named Bethlehem Tilahun as a New York City Venture Fellow in recognition of her achievements as an international entrepreneur. 

“This is really exciting. New York is a global business hub and I am really excited to be receiving this distinguished fellowship from Mayor Bloomberg,” said Bethlehem.

The NYC Venture selects 20-30 entrepreneurs from New York City and around the world through a competitive nomination process.

Ethiopian Entrepreneur Bethlehem Tilahun won the Most Valuable Entrepreneur Award at the Global Entrepreneur Week event.

“I am honored to be given this award. I accept it with the full knowledge that not simply hard work, but good fortune and having a great team beside me, have allowed me to achieve my dreams. That is the true power of entrepreneurship - it involves not only an idea and a single person, but also those who will follow that idea, dedicate themselves to it and   make it a living and breathing reality. It is within this process that greater shared prosperity for the many can be achieved" said Bethlehem on receiving the award.

A Taiwanese business delegation made up of forty representatives from 29 firms will begin a visit to Ethiopian on the 24th of November. The Taiwanese businesses are primarily interested in the garment and clothing manufacture sector.

The delegation plans to communicate with the Ethiopian business community and can be reached through appointments made via email to the Taiwan Trade Center in Nairobi.