The Leather Industry Research and Development Center (LIRDC) has announced plans to establish a Leather Industry Park in Mojo, Oromia Region, following the completion of a government-approved feasibility study.
Ethiopia, which is liberalizing its economy, is in the final stages of opening its logistics sector to foreign investment. This follows earlier reforms that allowed foreign investors to participate in the nation’s banking and finance sectors.
Ethiopia's Ministry of Finance announced that preparations are underway to privatize ten sugar factories. This will be done in a way that will be of benefit to the country, the Ministry emphasized.
The 2013 African Growth and Opportunity Act (AGOA) Forum which will be held in Ethiopia will be instrumental in strengthening ties between Sub-Saharan African countries, Ethiopian Ministry of Trade (MoT) said.
Ethiopia is preparing to host the 12th AGOA forum which will be held in June 2013. A delegation from US has recently visited Ethiopia to assess the preparation.
Ethiopian Investment Commission (EIC) announced that Ethiopia is preparing to export over sixty types of agricultural and industrial products to improve its forex earning.
