Ethiopia: Bole Lemi Industrial Park Saves Birr 2 Billion by Producing Import Substituting Products
Bole Lemi Industrial Park saved Birr 2 billion by producing goods which substituted import products. Among the park’s manufacturing companies, Soufflet Malt and BGI, a Chinese company, take the lion’s share in the production of import substituting products. Soufflet’s malt production has fully substituted import malt while BGI’s Covid-19 testing kits have saved the country from spending foreign currency on foreign made testing products.
Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 10 March 2023.
Ethiopian Airlines, the largest network operating carrier in Africa, announced that it had finalized preparations to launch direct flights to Karachi, Pakistan as of 1 May 2023. Ethiopian first served Karachi from July 1966 to December 1971, and resumed the service from June 1993 until July 2004.



