2merkato

Chinese shoe factories told Prime Minister Meles Zenawi on Friday that they were interested in investing in Ethiopia. Zan Guha Rang, president of Hu Han Zangur, a shoe factory producing 15 million pairs of shoes a year, said, that it was looking for markets in Africa, particularly in Ethiopia.

The Prime Minister, during his five-day visit to china, assured the Chinese investors that Ethiopia would support prospective Chinese investors. Representatives of various Chinese companies spoke with the Prime Minister about their intentions to invest in Ethiopia.

Rhong Chang, a Chinese-owned donkey slaughterhouse in Ethiopia's town of Assela, said it has earned $190,000 from the export of donkey meat to eastern Asian markets in the past two months.

Rhong Chang, a Chinese-owned donkey slaughterhouse in Ethiopia's town of Assela, said it has earned $190,000 from the export of donkey meat to eastern Asian markets in the past two months.

Omicron Engineering PLC, an Ethiopian electrical materials supplier has inaugurated its showroom for CHiNT electric products.

Abiy Mulat, general manager of the company says Omicron wants to change the society’s attitude towards Chinese products and narrow the gap between CHiNT product consumers and distributors of the product.

The 19th Addis Trade for Development and Christmas Festival and Trade Fair and Bazaar was opened at the Addis Ababa Exhibition Center and Market Development Enterprise.

The bazaar organized by Century Promotion Services at a total estimated cost of 5 million birr will continue until the eve of Ethiopian Christmas.

More than 310 domestic and 38 international exhibitors are taking part in the event. It is expected that more than 20 thousand visitors will visit the exhibition which has a 10 birr entrance fee.