Kombolcha Park Registers $3m in Export Earnings

Apr 2 , 2022

Kombolcha Industrial Park generated more than three million dollars from exports since tenants there resumed operations earlier this year following stagnancy due to the militarised conflict in the country's north, according to the Industrial Parks Development Corporation (IPDC). Located in the Amhara Regional State, the Park, one of 13 under the purview of the corporation, was inoperative for over two months due to the fighting. Officials say it sustained half a billion birr' worth of damage as a result of the conflict. Its tenants resumed export activities in February 2022, producing and shipping abroad synthetic textile products mainly to markets in Europe. Officials expect its exports to generate a total of 13 million dollars this financial year. It has thus far managed 7.7 million dollars.



They say, "Where there is traffic, there is business." It reflects the colour of Addis Abeba roads and roundabouts. Around Bole, commonly known as the Ring Road, vendors serve tea and snacks underneath a bridge. Owing to these selling methods allow pedestrians and drivers to get the service they need while walking and driving. Despite that, such practice has become a frequent encounter in the heart of the city streets. The most common purpose of a ring road is to reduce traffic volumes in the ur...



Pedestrian walkways around Addis Abeba are growing smaller by the day, competing to gain a foothold in the public spaces. The city, which prides itself as Africa's political and diplomatic capital, becomes a showcase of contrast. Beauty and affluence wrestle destitution and poverty to claim space. Vendors have displayed their second-hand outfits, shoes and luggage for sale on a roundabout in front of the Ministry of Education, up at the Arat Kilo area...



Retired city buses were once converted to bakery outlets retailing bread supplied by ‘Sheger Bakery' during their twilight zone. The city administration had used Anbessa City buses as its retail shops before formal outlets replaced them. Sheger Bakery, touted as the largest bakery and flour factory with the potential of baking two million loaves of bread daily, was to cater for millions of people in Addis Abeba with a subsidized bread supply but failed to live up to expectations. The old city...