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New Agro-Industrial Parks Mark Step in Manufacturing Development


New Agro-Industrial Parks Mark Step in Manufacturing Development

The Ministry of Industry has identified 17 sites nationwide for integrated agro-industrial parks, building on existing facilities in Bure, Bulbula, and Yirgalem. Announced at an investment forum in Addis Abeba, the parks aim to boost foreign exchange earnings, create jobs, expand the domestic market, and generate government revenue. The government is supporting manufacturing industries with targeted policies, infrastructure, and strategies to enhance product quality, diversify goods, and improve production efficiency. The parks, developed at a cost exceeding 36 billion Br, offer fast and comprehensive services to investors. Forum participants expressed strong investment interest while noting challenges in financing, coordination, and organisational structure. Officials noted Ethiopia’s ongoing implementation of the African Continental Free Trade Area (AfCFTA) agreement and stressed the importance of leveraging it to enhance competitiveness.

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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...


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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...


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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...