FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




A Dairy, Poultry Complex Underway

Nov 5 , 2022


[ssba-buttons]

Addis Abeba's outskirt is to see a dairy and poultry centre under construction with a 800 million Br project cost. The project was launched to compensate farmers displaced from the Koye Feche area for the capital city's expansion projects. The Ethiopian Construction Works Corporation, established in 2015 with a registered capital of 20.3 billion Br, is working on the construction, with close to 92pc complete. The project will comprise a veterinary clinic, animal feed processing, storage unit, and administrative offices. The processing centre will be erected on a 14hct of land holding 80 blocks housing 4,000 chickens under 10 poultry sheds. The dairy facility houses 30 cows and oxen, with 10 sheds for milk and breed services. It will also have 32 shops to sell animal feed. A 300-meter cube water reservoir has already been created to facilitate the vast water requirements of the project. It is hoped to create jobs for over 2,000 farmers and herders.


Radar

Coffee Export Platform Links Ethiopian Roasters with Overseas Consumers

Ethiopian coffee roasters have gained a direct route to international consumers through a multi-brand e-commerce export platform launched by DHL Express Ethiopia and EXM Global PLC. The companies say it is the first platform of its kind in Ethiopia. Bringing together 10 Ethiopian coffee brands in a single digital marketplace, the platform enables overseas customers to order freshly roasted coffee in quantities ranging from speciality retail purchases to larger commercial volumes. DHL Express...


Radar

Addis Abeba Clears 59Km of Rivers, Remains Short of Halfway

Addis Abeba has completed 59Km of river cleanup and development work, although total coverage has yet to reach 50pc. Mayor Adanech Abebe said the 59Km stretch was transformed in one and a half years as she presented a comprehensive review of the city's strategic plan from 2022 to 2026. Mayor Abebe described the progress as a major "breakthrough", saying the work relied entirely on the city's funding, engineers, architects and workers. By comparison, she said, a world-renowned foreign contract...


Radar

Kisse Platform Brings Collateral-Free Microloans Through Agent Network

Mefithe Microfinance S.C., MZ Tech, and Arifpay Financial Technologies S.C. have launched “Kisse”, an agent-powered digital microloan platform designed to expand access to finance for micro and small enterprises. Through trained local agents, borrowers can apply for collateral-free, short-term business loans. Once approved, the funds are transferred to mobile wallets or bank accounts through Arifpay's payment gateway. The partners said loans can be disbursed within hours. Under the par...