2merkato

METEC's solar panel factory is to launch production soon, according to Ethiopian News Agency.

The Metehara Sugar Factory, Ethiopia has netted more than 500 million birr from the sale of an estimated 930 thousand quintals of sugar and 7.6 million liters of ethanol in the last financial year.

The company has invested in developing its technical capacity and human resources towards enhancing its production levels in the last fiscal period noted Bizuneh Assefa, Manger of the plant.

Efforts undertaken by the factory include a range of upgrades including the refurbishment of older machinery he said.

Mexico’s Ambassador to Ethiopia, Alfredo Miranda, announced his county’s foreign minister, Jose Antonio Meade Kuribrena, will come to Ethiopia leading a high level business delegation team on October 2014. The business delegations are said to be from textile and agriculture sectors.

Mexico is looking forward to enhancing its bilateral ties with Ethiopia, especially in the sectors of trade, tourism, and aviation, Victor M. Trevino, Mexico’s Ambassador to Ethiopia, said.

Micro and small enterprises have earned more than 15 million US dollars on the international market in the last nine months according to the Federal Micro and Small Enterprise Development Agency.

A range of exports produced by small enterprises including textiles and handicrafts have been able to meet international standards set by foreign markets said Assefa Ferede, Director of the Public Relations and Communications Directorate with the agency.

All regional bodies are working together to identify and register enterprises that have the capacity to export to the foreign markets while the agency is working towards creating networks with various embassies to promote their products in foreign markets he said.