Ethiopia: Hong Kong Investors to Start Production at Bahir Dar Industrial Park
Industry and Investment Bureau of Amhara region disclosed that investors from Hong Kong will take over the Bahir Dar Industrial Park.
Ethiopia: Horizon Paid 174.5 million Birr to Government as Part of Settlement Agreement
After setting their dispute amicably, Horizon Plantation PLC, one of the companies under MIDROC Investment Group, has effected 174.5 million Birr payment to the Government of Ethiopia. The payment is part of the unsettled 1.4 billion Birr Horizon owes to the Ministry of Public Enterprise following a privatization deal.
Ethiopia: Horizon Plantation to Double Revenue
Horizon Plantations Ethiopia Plc intends to double its annual revenue from coffee projects by three years time.
Ethiopia: Horizon Plantation Undertook 1.1 Billion Birr Worth Expansion
Horizon Plantations PLC, one of the subsidiary companies under MIDROC Investment Group, undertook expansion works at an outlay of 1.1 billion Birr.
Ethiopia: Horizon Plantations, Ethio Agri-CEFT to Boost Ethiopia’s coffee, Tea Output
Mohammed Hussein Al Amoudi’s venture is to boost Ethiopia’s coffee export capacity, the manager of his enterprises said.
