Ministry Organises Agro-processing, Plastic-print Expo

Jun 12 , 2023


[ssba-buttons]

Participants hailing from 16 different countries and over 130 companies exhibiting their products attended the agro-processing and plastic print packaging expo last week. Over 3,000 visitors came to see the different products displayed at the Millenium Hall, Africa Avenue (Bole Road). The exhibition was hosted by the Industry and Agriculture ministries in partnership with several stakeholders from the private sector. At the opening ceremony, State Minister for Industry Hassan Mohammed stated that the international expo provided a platform to showcase local products, establish investment prospects, and network with industry peers. The expo is the fifth of its kind, occurring a mere three weeks after the Ethiopia Tamirt Exhibition that sought to foster local manufacturing. Despite a growing appetite internationally for agro-processed products globally, there has been limited progress in terms of development. Organised by Prana Events, the three-day event was free for all participants who managed to register online.


Radar

AMG Holdings Breaks Ground on Industrial Rail Link to Ethio-Djibouti Railway

AMG Holdings has launched construction on a 2.5-kilometer railway connecting its Sheger Industrial Park to the Ethio-Djibouti Railway's Endode Station. The Ethiopian-led project comprises 1.7 Kms of main track and 800 meters of side rail. Chief Project Manager Engineer Nigist Hailu said the line is expected to be completed within six months, facilitating the transport of raw materials and finished goods to Djibouti's port. More than 100 local workers have already joined the project, with addi...


Radar

Ethiopian Deposit Insurance Fund Achieves Full Q1 Collection Target

The Ethiopian Deposit Insurance Fund collected 2.08 billion Br in the first quarter of 2025. This meets 100 percent of the target and represents a 26.83 percent increase compared with the same period last year. The rise in premiums was attributed to higher deposits from member financial institutions. To date, the fund has collected a total of 15.93 billion Br in premiums from member institutions, with 14.51 billion Br coming from regular deposits and 1.42 billion Br from interest-free depo...


Radar

Oromia Bank, Ethiopian Airlines Introduce Fly Now, Pay Later via Milkii Digital App

Oromia Bank's Milkii Digital App, launched on May 3, 2025, has introduced a “Fly Now, Pay Later” service that lets customers book Ethiopian Airlines tickets using digital loans, with payments spread over six months after travel with 16.5 interest rate and allows customers to book flights upto 300,000 Br. Developed in collaboration with Ethiopian Airlines, the platform is part of a broader effort to expand digital finance and simplify access to services. The initiative seeks to enhance conven...