TOYO Solar has announced an expansion of its solar cell manufacturing capacity at the Hawassa Special Economic Zone (HSEZ) with a USD 47 million investment, bringing its total investment in Ethiopia to nearly USD 110 million.
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African Farming Industries has announced a USD 2 million investment in the Bole-Limi Industrial Park Special Economic Zone to cultivate and export strawberries and saffron.
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The Oromia Regional State Industrial Parks Development Corporation has announced that 10 investors will begin production at the Bulbula Integrated Agro Industrial Park by the end of the fiscal year.
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Japanese solar panel manufacturer Toyo Solar has launched pilot production at its newly established facility in the Hawassa Special Economic Zone, following a USD 60 million investment in Ethiopia.
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The Ethiopia-China Economic and Trade Forum commenced yesterday at the Skylight Hotel. The forum was jointly organized by Ethiopia’s Ministries of Foreign Affairs and Trade & Regional Integration, alongside the Ethiopian Investment Commission (EIC), the Ethiopian Chamber of Commerce and Sectoral Association (ECCSA), and the China Council for the Promotion of International Trade (CCPIT).
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A new oil factory, built at a cost of Birr 150 million, has been officially inaugurated in Assosa town, Benishangul Gumuz region. The factory is expected to enhance local oil production and reduce dependency on external supplies.
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