2merkato

Kaliti Metal Products Factory, Ethiopia is set on an expansion project estimated to cost 60 million birr. The factory has been challenged to meet demand because of outdated machinery according to Kassa Assefa, Market Research and Advertising Senior Expert with Kaliti. 

The expansion project was originally designed to be a two phase project costing 138 million birr and encompassing pipeline supplies but was scaled down to only make a smaller pipeline and the manufacture of EGA sheets for roofs and the purchase of one roofing crane.

Ethiopian Airlines, the fastest growing and most profitable airline in Africa, is pleased to announce the commencement of four weekly flights to Kano, Nigeria, starting 24 May 2014.

Kanoria African Textiles PLC, a subsidiary of India based  Kanoria Chemicals & Industries, is establishing a denim fabric manufacturing factory in Ethiopia, the first of its kind in East Africa.

The company will erect the factory on a 153,000 sq m plot squired on lease in Bishoftu town of Oromia Regional State, 44 km southeast of Addis Ababa. when construction is completed in January 2014, the factory will have a capacity to produce 12 million meters of denim annually. The factory will also create 350 jobs, mainly for Ethiopians.

Indian-based, Kanoria Chemicals and Industries Limited (KCI) Company has finalized its preparation to inaugurate textile production plant in Ethiopia on October 24, 2015, top company official stated.

Turkish Company, Karel, is set to enter the Ethiopian telecommunications market. The company is interested in investing in the Ethiopian market which is dominated by only a few companies according to Umut Oner Accounts Manager of Karel.  

Karel, a Private Branch Exchange (PBX) manufacturer, is an internationally recognized producer of telecommunications equipment explained promoters. It hopes to be able to introduce Voice Over IP and Closed Circuit TV services to the Ethiopian market. The services haven’t been allowed in Ethiopia as of yet.