Lemi National Cement Factory, located in Ethiopia's Amhara Regional State, Ensaro Woreda, has started offering its cement products to the market as of October 31, 2024.
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The Industrial Parks Development Corporation (IPDC) reported that it had attracted USD 300 million in investments and generated over USD 26 million in export revenue in the first quarter of the 2024/25 fiscal year.
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Gelila Manufacturing PLC has officially launched the production of export-quality shoes and soles at Bole Lemi Industrial Park with an investment of Birr two billion. The inauguration ceremony attracted officials, industry leaders, and invited guests.
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Industrial Parks Development Corporation of Ethiopia (IPDC) has signed a Memorandum of Understanding (MoU) with Anda Vehicle Manufacturing Company and Aniy Furniture PLC, a Chinese electric vehicle and modern office furniture manufacturer.
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TOYO Solar has signed a Memorandum of Understanding (MoU) with the Ethiopian Investment Commission (EIC) to invest USD 60 million in establishing its first solar cell manufacturing plant in Ethiopia. The new facility will be located in the Hawassa Industrial Park.
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Ethio Engineering Group (EEG) revealed that it had turned a profit after overcoming bankruptcy - which was prevalent over the past two years. The company celebrated this achievement by inaugurating its newly renovated main office building over the weekend.
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