Health Expo Kicks Off in the Capital


Health Expo Kicks Off in the Capital

More than 200 pharmaceutical companies, manufacturers and importers gathered last week to unravel medical supplies, lab equipment, pharmaceutical technology, and healthcare products at a health exhibition. Dubbed Ethio Health Exhibition & Congress, the event lasted for three days beginning February 23. Hosted by Prana Events, the managing director Nebeyu Lemma, said the hurdle faced by most manufacturers and suppliers has been the scarcity of foreign currency with the exhibition serving to attract foreign investors in the health sectors to work with local manufacturers and importers. NMW Medical Device Manufacturing Plc. established three years ago with 10 million Br capital, has been one of the companies present at the exhibition held at Sky-light Hotel, Africa Avenue (Bole Road). Tewodros Tefera, finance manager, said the company started to commercially manufacture five types of laboratory machinery beginning last year, importing the rest from Canada. It locally distributes equipment to Ethiopian Pharmaceutical Supply Agency and local stores. “The plan is to commercialize imports and decrease the foreign currency demand,” he told Fortune. Tewodros has seen the exhibition as a grand opportunity to connect with local importers. East-African Pharmaceuticals Plc., established in 1997, was another company at the exhibition. The company manufactures pharmaceutical drugs with raw materials mainly imported from China and distributes them to Ethiopian Pharmaceutical Supply Agency and public hospitals. Ashenafi Anteneh, the sales representative said the government has been encouraging local manufacturers. "We plan to manufacture fluids locally," he told Fortune.

[ssba-buttons]

Radar

Coffee Hub Illu Ababor Targets Bigger Share in Global Market

Illu Ababor Zone supplied more than 51,000 tons of coffee to the central market in the 2024/25 fiscal year, Deputy Administrator Mohammed Teha reported. The effort is part of the "Neqemte Initiative," designed to promote production, productivity, and quality in top foreign exchange earner. The zone spans over 700,000 hectares, including 300,000 hectares of newly planted and rehabilitated coffee and 400,000 hectares of wild varieties, cementing its role as a major coffee hub. Officials highlig...


Radar

From Loan to Tap, Ministry Secures Water Infrastructure Funds

The Ministry of Water & Energy has signed a cooperation framework with China Exim Bank, facilitated by contractor CGCOC, securing a 100 million dollars loan. State Minister for Drinking Water & Sanitation Ambassador Asfaw Dingamo (PhD) said the funding will finance water supply and sanitation infrastructure in five cities: Holeta in Oromia, Areka in the South, Inseno and Tora in Central Ethiopia, and Mizan Aman in the South...


Radar

Bureau Rolls Out QR-Enabled IDs for Inspectors

The Addis Abeba Revenues Bureau has equipped inspectors with QR (quick response) code-integrated ID cards to curb fraud and improve transparency. Launched in Mercato, the system lets merchants verify inspectors' identities via smartphone, deterring impersonation and extortion. Bureau head Biniyam Mikiru said the move strengthens technology-backed oversight and shields compliant taxpayers. Inspectors will also wear new uniforms to distinguish them from impostors. Merchants praised the reform, say...