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Industry

News concerning Industry.

Fabricated Claims Lands Addis Prefab In Hot Water

Published on: Sun, 2014-01-19 00:00

The serious fraud charge filed against some of the founders of the Addis Prefab Houses Manufacturing Industry S.C. has been adjourned until Tuesday, January 21, 2014. This decision came following the prosecutor’s request for further investigation time, Fortune reported.

Phase 1 Exploration At Ethiopia Potash Project Completed

Published on: Mon, 2014-01-13 00:00

The Phase 1 exploration programme for the Danakil potash project, in Ethiopia, has been completed, with a National Instrument (NI) 43-101-compliant mineral resource estimate expected to be completed within the first quarter of this year, after which a full scoping study would be done, Aim-listed Premier African Minerals said on Friday, miningweekly.com reported.

Investment Agency Invites Local Manufacturing Companies Into Industrial Zones

Published on: Sun, 2014-01-12 00:00

The Addis Abeba Investment Agency (AAIA) is inviting local investors in the manufacturing sector to work on the 330ha of land it has allotted in the Nefas Silk Lafto and Akaki Kaliti districts.

New Mining Amendments Favour MSEs Ahead Of Cooperatives

Published on: Sun, 2014-01-05 00:00

Parliament passed amendments to the Mining Operations Proclamation of 2010 into law on Tuesday, December 31, 2013, Fortune reported.

Design Of Indian Meat Processing Plant To Begin

Published on: Sun, 2014-01-05 00:00

Allana Group – an Indian-based meat processing company has awarded a contract to ETG Designers & Consultants Plc for the design of its meat processing plant, Fortune reported.

Mining Companies Present Complaints To PM Office

Published on: Sat, 2014-01-04 00:00

The governments of Ethiopia and China signed a bilateral cooperation agreement to jointly undertake a geophysical study in South Western part of Ethiopia. The two countries agreed that the Geological Survey institutes of both countries will jointly undertake the study. The government of China will cover the cost of the project and provide equipment and experts required for the project. The Reporter reported.

Ethiopia Earns Over 164 mln US Dollars From Manufacturing Sector

Published on: Thu, 2014-01-02 10:15

Ethiopia has secured 164.7 million US dollars in revenue from the manufacturing sector during the past five months, according to the Ministry of Industry (MoI), WIC reported.

Allana To Build 371 mln Birr Meat Processing Plant

Published on: Thu, 2014-01-02 00:00

The Ministry of Industry and Allanasons Ltd, India's largest exporter of processed food products, signed an agreement that enables the latter to build a meat processing plant at a cost of 371 million birr, WIC reported.

Bole Lemi Industry Zone First Phase Completed

Published on: Mon, 2013-12-30 00:00

Ministry of Industry (MoI) said Bole Lemi Industry Zone development has reached first phase.

PTA Bank Cements Financial Support For Habesha

Published on: Sun, 2013-12-29 00:00

Habesha Cement S.C. has secured a letter of credit (LC) for its Chinese contractor from the Eastern & Southern Africa Trade & Development Bank, known as the PTA, just five weeks after signing a long-awaited loan agreement for 660 million Br with the development bank of Ethiopia (DBE).

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