Bole Lemi, Dire Dawa Industrial Parks Welcome Investors

October 23 , 2021

Elauto Engineering and Trade Plc, a vehicle assembler, and Dimitrius Kampouris Plc, a textile manufacturer from Greece, have signed agreements with the Industrial Parks Development Corporation (IPDC) to secure land in the Bole Lemi and Dire Dawa industrial parks. The agreements were signed in the presence of Sandokan Debebe, head of the IPDC, Bekele Abebe, CEO of Elauto, and Dimitrius Kampouris, general manager of Dimitrius Kampouris Plc. Elauto has secured 1.8ht of land in Dire Dawa Industrial Park with a total investment of 700 million Br. The Greece-based textile manufacturer plans to begin production next year on 1.8ht of land at Bole Lemi Industrial Park. Bole Lemi became operational in 2014, Dire Dawa followed six years later.


UNDP Nods $2m for National Dialogue

United Nation Development Program (UNDP) has signed an agreement with the Ministry of Finance and National Dialogue Commission, allocating 2.2 million dollars for the upcoming national discussion. Managed by an independent trust fund, and in addition to the annual budget allocated by the Ethiopian government, UNDP is looking to set up a financial buffer scheduling to raise 32.8 million dollars in support funds from development partners over the next three years. The Dialogue Commission was est...


Street Snack

The rainy season is going to be missed for at least one reason: boiled corn on the cob. As the customer captured here, it has been an enjoyable street food for the city's residents to keep them warm. More importantly, it was a livelihood for many street vendors. ...


Stair Shop

A shop and a shoeshine stall have been set up under the stairs of an overhead bridge. In the most crowded parts of Addis Abeba, there is always some type of vendor selling everyday goods, serving the lower-income population...