2merkato

Chemicals and Construction Materials Development Institute announced two more cement factories will commence production in four months time. The factories are Ethio Cement and Dangote.

Two multinational mobile companies will obtain telecom licenses to operate in Ethiopia, a senior government official announced. This is the first detailed announcement of the government’s plans for opening one of the world’s last major closed telecom markets.

Chemical and Construction Inputs Industry Development Institute (CCIIDI) disclosed the construction of two soap and soap noodle manufacturing factories will commence soon.

The U.S. Embassy in Addis Ababa, Ethiopia hosted U.S business delegation representing various industries from the State of Illinois from May 13 to 15.

Eight American firms participated in the matchmaking event representing a broad range of products and services from a variety of industry sectors, including construction, renewable energy, mining, pharmaceuticals, cosmetics, and manufacturing.

The United States government launched a Commercial Farm Service Program under the USAID to support the agricultural growth plan of the Ethiopian government according to an announcement from the Embassy of the United States in Addis Ababa.

The program will be part of the American presidential ‘Feed the Future Initiative’ in Ethiopia said the announcement.

The two year program will include grants and trainings for rural entrepreneurs in an effort to create a wholesale farm service center and six retail centers. These centers will be designed to meet the operational requirements of farmers.