The Korean Steel Manufacturer POSCO is to provide support in steel production in Ethiopia. Ethiopia's Minister of Mines and Petroleum Takele Uma said he has held discussions with POSCO's executives and experts.
The South Korean company SK Forest Co. announced on Wednesday it is teaming up with the Korea Forest Service to establish a sustainable coffee farm in Ethiopia.
The Korean government said South Korean economic delegation team will come to Ethiopia and Ivory Coast to facilitate more trade and industrial cooperation.
The Busan Economic Promotion Agency (BEPA) Footwear Industrial Promotion Center has announced its intention to launch a footwear production capacity-building project in Ethiopia. The project, which will be funded with a USD 10 million grant from the Republic of Korea Official Development Assistance (ODA), aims to enhance the competitiveness of Ethiopia's leather and leather products industry, particularly the footwear sector. The project will begin in 2023 and continue until 2027, providing the necessary training and assistance to local footwear producers and officials to improve their productivity and effectiveness.
Kuriftu Resort and Spa will inaugurate in two months time its new 15 Million Birr lakeside restaurant, Fortune reported. The restaurant is built on the shores of Lake Tana and on the left of the main Kuriftu Resort.
