300,000 Quintals of sugar imported from United Arab Emirates (UAE) and the last batch of sugar import, is expected to reach Port of Djibouti October 26, 2014. The order for the sugar was made by the Ministry of Trade (MoT) two weeks ago and got the Prime Minister’s blessing.
The Ethiopian government will be importing over 400,000 tons of wheat to help address the high rate of inflation, senior economic advisor to the Ethiopian Prime Minister said.
In the past five months Ethiopia imported over 3,000 tons of cotton in order to meet the local raw material demand for textile industries. This was disclosed by the Textile Industry Development Institute (TIDI).
The Ethiopian Public Procurement and Disposal Agency (PPDA) announced that it had bought 400,000 tonnes of ordinary Portland cement for 34.6 million dollars from D.G Khan Company Limited (DGKCC) of Pakistan and Global Africa of Israel.
According to the agency, the first shipment of 150,000 tonnes of cement is due to arrive in two weeks time.
The cement is to be used for the construction of housing projects in Addis Ababa, new sugar factories and roads, Yigezu Daba, director general of the Public Procurement & Property Disposal Service at the agency, said.
The Ethiopian Coffee and Tea Authority (ECTA) has introduced a new directive raising capital requirements for coffee exporters, aiming to curb illegal practices and professionalize the sector.
