A seminar and workshop aimed at promoting industrial development organized by the Addis Ababa Chamber of Commerce and Sectoral Association (AACCSA) and Chamber Trade Sweden was launched on Monday in Addis Ababa, Ethiopia.
Speaking on the launching of the two-day seminar and workshop, Chamber Trade Sweden CEO Charlotte Kalin said Swedish investors are interested to engage in flower production in Ethiopia.
Ethiopia’s Public Procurement and Property Disposal Service earned 193 million Birr from the disposal of used materials in the just concluded fiscal year. The revenue was generated from the sales of scraps metals, vehicles and other office materials.
Sesame’s price in the international market dropped from U.S. $ 1,200 per ton to U.S. $ 500 in a one month time. This has led exporters of the agricultural product to be hesitant to supply and wait for the price to show any increment.
Seven Companies from different business sectors are set to start construction of factories in Debre Berhan, Ethiopia with a combined investment worth 2.3 Billion Birr, The Daily Monitor reported.
Out of the total 10 factories Ethiopia planned to construct during the first phase of the Growth and Transformation Plan (GTP), seven of them were said to start production at the end of the coming year, Ethiopian Sugar Corporation announced.
