Nampak Plans to Open Bottle Plants in Ethiopia, Nigeria
South Africa’s Nampak, leading manufacturer of beverage, food and non-perishable packaging, announced plans to open glass bottle factory in Nigeria and Ethiopia with an outlay of USD 155 million, according to Reuters.
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German multinational the Bosch Group is hosting the ground breaking 1st International Coffee Processing and Packaging Round Table in Addis Ababa, Ethiopia on Friday.
The Development Bank of Ethiopia (DBE) unveiled readiness to offer loan to Small and Medium Enterprises (MSME), according to Ethiopian News Agency (ENA).
Ethiopia has witnessed rapid economic growth, with real gross domestic product (GDP) growth averaging 10.9 between 2004 and 2014, which is lifting the country from being the second poorest in the world in 2000 to becoming a middle income country by 2025, if it continues its current growth trajectory, World Bank revealed.
TAP, Portugal’s leading airline and Ethiopian Airlines, the largest African airline, both Members of Star Alliance, have started code-share services between Portugal and Ethiopia as of November 24, 2015.
