Jute Sack Plant Underway in Amhara, Oromia

Nov 23 , 2019


[ssba-buttons]

Chemically-treated jute sack manufacturing plants will be constructed in the Amhara and Oromia regional states with a capital investment of 800 million Br. One plant will lie on a 1.5ha plot of land in the Amhara Regional State and another on a 2.5ha plot of land in the Gelan town of the Oromia Regional State, located on the outskirts of Addis Abeba. Construction of the factories is planned to be completed in the coming two to three years. The plants will have the capacity to manufacture 500,000 jute bags annually upon completion. The bags are intended to reduce post-harvest waste of the produce, particularly during storage. "Grains, improved seeds and oil seeds are some of the products that are highly affected by pests after the harvest is collected and stored," said Tesfahun Mengiste, deputy director of  the Amhara Regional State's Agriculture Bureau.


Radar

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to the Digital Ethiopia initiative. According to a press release, Milkii promotes financial inclusi...


Radar

Ethiopia Partners with UK to Ease Shipping Bottlenecks

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and the British International Freight Association (BIFA) signed a memorandum of understanding (MoU) on May 27, 2025, at Hilton Hotel Addis Abeba, to address skills gaps, customs delays, and corridor inefficiencies in the freight and logistics sector. The partnership focuses on technical cooperation, training, and regulatory reform. With over 90pc of trade dependent on the Djibouti corridor, rising congestion, customs...


Radar

Education Authority Sanctions Mishqen College for Rule Violations

The Education & Training Authority has issued a decisive directive last week, mandating legal action against Mishqen College for persistently defying regulatory orders and unlawfully continuing to offer higher education services. Mishqen College had previously been licensed to conduct undergraduate distance learning programs across multiple regions from 2019 to 2022. However, after serious regulatory breaches, the institution was ordered to cease all instruction, complete pending academic...