Drawing investors via taxis, hotels

Installed in over 100 taxis
by Harmony PLC, touch screen information display is tried out
by an Addis commuter
. MORE
Bamboo to join country’s export list
By Andualem Sisay
Following the increase of commercial and residential building
construction in the country that was led to ever-increasing demand
of bamboo products for finishing materials, a local investor has
launched a 50 million birr investment on a bamboo processing factory.
A local company, Mirga Wood Industry, is to construct a factory
on 3 hectares in Egere, Addis Alem, 40 kms from Addis Ababa. The
factory plans to start with products such as floor parquet, incense
sticks and toothpicks from bamboo.
MORE
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Chancellor Merkel to visit
Ethiopia
By Andualem Sisay
German Chancellor Angela Dorothea Merkel is expected to visit
Ethiopia in October, sources told Capital.
During here visit, Chancellor Merkel is expected to hold talks with
Prime Minister Meles Zenawi and other government officials, according
to the source. Her visit is also expected to boost the close socio-economic
and political ties that exist between the two countries.
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Maaza Mango to be produced localy
By Andualem Sisay
Maaza Mango, an internationally renowned beverage brand with over
40 years in the global market, is to be produced in Ethiopia, according
to Yeshola Tsehay Pvt. Ltd. Co.
Disbursing USD 150,000 for the branch franchise, Yeshola Tsehay,
a local company, has launched a 50 mln birr investment and is currently
under process to obtain a 25,000 square meter plot in the Burayu
area, Oromia Region, to set up the plant - Yeshola Tsehay Bottling
Factory.
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