2merkato

Ethiopia is looking for Indian, Ukrainian and Turkish companies to supply steel billets to reduce manufacturing costs of the domestic steel sector.

The import of the billets will be facilitated by the Ethiopian Metal Industries Development Institute. The plan for the government import of the billet for the steel sector was generated within the industry said Workeneh Delelegn, Director General of the EMIDI.

The program is expected to benefit the seven Reinforcement Bar manufacturing industries currently in operation in the country.

Ethiopia’s Petroleum Enterprise is seeking a supplier for anthracite coal to power furnaces for smaller cement factories with vertical kilns. The factories are allegedly unable to utilize the steam coal being imported from South Africa as it could undermine the quality of their product.

Six smaller cement factories in Ethiopia, Abyssinia Cement, CH Clinker, Debresina Cement, Enchini Medrock Cement, Hungh Shun Cement, and Jemma Cement lodged complaints with the Ministry of Trade claiming that they would not be able to use the steam coal being imported for use by cement factories in Ethiopia.

The Privatization and Public Enterprises Agency of Ethiopia is seeking interested bidders for two of the five enterprises it is offering for privatization.

The two enterprises which have been unable to excite interest from potential buyers are the Hamaressa Edible Oil SC and Batu Construction SC.

The Commercial Printing Press, Caustic Soda Ash SC and Fafa Food Complex Warehouse were the other three companies offered for privatization at the same time.

Ethiopia’s Ministry of Finance, in partnership with the Ethiopian Railways Corporation, has issued an invitation for global and local investors to express interest in the development of the Indode Intermodal Rail Terminal, Dry Port, and Logistics Center. Located just 26 kilometers southeast of Addis Ababa, the project is a key part of the country’s broader push to enhance private sector involvement in the transport sector.

The Ethiopian government, via its Communications Authority, has extended an invitation to telecom companies to submit their interest for the acquisition of two nationwide full-service telecommunications licenses.