Israel Chemicals (ICL) said on Friday, March 28, 2015, it had made 137 million Canadian dollars (109.5 million USD) offer to buy Canada’s Allana Potash, a deal it hopes will expedite development of mine in Ethiopia.
Israel Chemicals Ltd (ICL), the Israel fertilizer giant investing in the Afar Potash mine is planning to construct three factories in Ethiopia, according to The Reporter.
Israel is interested in sharing expertise and technology in the areas of agricultural extension, research, irrigation, livestock and poultry development among other areas with Ethiopia according to Orit Noked, Minister of Agriculture and Rural Development of the State of Israel.
It is important to Israel to share agricultural expertise with Ethiopia said Noked at a meeting held with Hailemariam Desalegn Deputy Prime Minister and Minister of Foreign Affairs of and Tefera Deribew, State Minister for Agriculture.
The two sides agreed to establish a technical committee to identify areas of common interest to enhance bilateral relations between the two countries in the area of agricultural development.
Senior management of Leica Geosystems, a company headquartered in Israel involved in mining operations in Ethiopia, have met and held talks with Takele Uma, Ethiopia's Minister of Mines. On the occasion, the company's management have expressed their commitment to continue their investment in Ethiopia.
Israeli companies engaged in the agriculture, crop production, animal husbandry, greenhouse, poultry, dairy and others sectors held a business-to-business meeting here in Addis Ababa on March 7, according to The Reporter.
