The heavy investments in sugar industries that are taking place in Ethiopia will boost the nation’s sugar capacity to 1.58 Million Tons by the mid 2015, Walta Information Center (WIC) reported. The amount is five folds of the nation’s current output.
The 2014 African Aviation Summit and Air Finance for Africa, which was organized by the Ethiopian Airlines and African Aviation Service Ltd, urged African governments to give due attention to the sector.
Sunrise Engineering and Machinery Manufacturing PLC, Turkish-based Company engaged in the manufacturing and distribution of transformers seeks to expand its production capacity, The Reporter reported.
Ethiopia’s President, Mulatu Teshome, on Saturday, June 14, 2014 inaugurated newly built houses which were built by Sunshine Construction Plc at CMC. Addis Ababa City Mayor Diriba Kuma also inaugurated real estate developed around Bole Beshale by the same company.
Sunvado Avocado Oil Factory supplied 120 tons of avocado oil to foreign markets in the current fiscal year. The Netherlands is the main market destination for the company’s products.
Sunvado, which was founded in 2018, is located in Yirgalem Integrated Agro Industrial Park and works with 80 thousand farmers. It has created employment opportunities for 320 citizens. It is Tradin Organic’s, a Dutch company, processing facility for premium avocado oil.
Source: Fana BC and Sunvado
