Joint Venture Company Between Ethiopia and Djibouti to Start Service
The company set up by Ethiopia and Djibouti for the administration of Addis Ababa – Djibouti Railway is expected to start giving service this week.
The company set up by Ethiopia and Djibouti for the administration of Addis Ababa – Djibouti Railway is expected to start giving service this week.
Jovago.com, Africa’s largest hotel-booking website, has launched Ethiopian hospitality report at an event organized at Capital Hotel Wednesday, October 21, 2015, according to the Ethiopian Herald.
Julphar Gulf Pharmaceutical Industries is to officially launch a manufacturing plant in the Addis Ababa. The pharmaceutical plant constructed on 40 thousand square feet is near to completion with all machinery in place according to Kelly Daniell, Communications Manager for Julphar.
The manufacturing plant is designed to manufacture different medicines in solid and liquid form it was learned. It has the capacity to produce 150 million bottles of syrup and suspension medicines as well as 500 million tablets and 107 million capsules every year.
The company is yet to decide what types of medicine it will manufacture and will make its decision on the basis of the demand on the local market said Daniell.Julphar Ethiopia (Gulf Pharmaceutical PLC) announced that they have been working to up their production of hand sanitizer and other essential medicines in wake of the coronavirus pandemic, which is showing a surge in recent weeks in Ethiopia.
Juniper Glass Industries PLC disclosed it has finished all regulatory and merger requirements which enables it to form a venture with 2 other firms. The partnership between the 3 companies is going invest a total of 70 million USD and set up a glass manufacturing plant in Ethiopia. For this investment Juniper has joined hands with CONSOL Glass and Roha Venture.