2merkato

The Ethiopian Ministry of Industry has made 10 plots of land available for eight domestic and international investors in the manufacturing sector who have requested land to build industrial zones.

These plots are a part of the 13 reclaimed by the Addis Ababa City Administration for failing to properly develop them.
The plots each cover 2, 800 meter squares and are found in the Akaki Kality and Mekanisa Lebu districts.

The companies granted the land are involved in the manufacture of garments, shoes, metal and agro processing sectors. 

Ethiopia's Ministry of Mines and Petroleum has granted licenses for six companies that have completed the required preparations and mine exploration. The companies have signed agreements with the ministry upon issuance of the licenses.

Three Ethiopian companies have been granted licenses to offer multimodal transport services, marking a significant step towards a more robust logistics sector in the country.

The Privatization and Public Supervising Agency (PPESA) was scheduled to hand over the management of Tepi Coffee Plantation to Green Coffee Agro Industry Plc on 3 October 2011 after the latter bought 51 percent of the shares in the plantation.

Green Plc had paid 111.3 million, 25percent of the shares it bought, two months ago.  The 10,000 hectare plantation rests in two regional states, with 32 percent in the Gambella Regional State and the rest in Southern Nations Nationalities Regional State.

Ethiopia harvested 3.2 million quintals of coffee from Southern Nations, Nationalities and Peoples’ State (SNNP). Such was disclosed by Coffee, Tea and Spices Authority.