SINOMA International, a Chinese company, disclosed that it would like to explore investment opportunities in Ethiopia during a discussion with Ethiopia’s Ambassador to China, Tefera Derbew. The company is keen to engage in cement manufacturing in the country.
SkyWay Investment Group (SWIG), a firm based in Belarus, aims to bring cable transport to Ethiopia. The company presented the idea of building a commercial cableway to the Ethiopian Minister of Transport and her staff. This new technology aims to save more space in urban areas.
SMEC international PTY, an Australian based consultancy firm, concluded an ETB 250 million agreement with Ethiopia to design and supervise the 3 billion birr project of the country’s largest oil terminal. In accordance with the agreement, the firm will prepare the final design of the terminal which is to be built in Dukem, Oromia Region, administer the project, and help the Ethiopian Petroleum Supply Enterprise (EPSE) in choosing a contractor.
The Southern Regional State of Ethiopia (SNNP) has launched concerted efforts to develop the apiculture sector. The region has set target production for the budget year at 21 thousand tons of honey and 6 tons of wax.
The environment in the Southern region is favorable to apiculture due to the abundance of tree, flower and water resources as well as the climate note Ergete Weldesemayat, Expert of Animal Husbandry.
The regional state is supplying modern beehives manufactured in rural technological centers and by scale manufacturing enterprises to help attain the desired levels of production explained Ergete.
Ethiopias capital, Addis Ababa, will host Social Enterprise World Forum 2019 in the coming October. This will be the twelfth event of the yearly forum, and the first time ever to be hosted by a lower income country. The aim of the upcoming round of the forum is “to catalyze the area's young and dynamic social enterprise movement – both within Ethiopia and more widely across the continent.”
