New factory being built to solve cement shortage in Ethiopia

ETHIOPIA – A new cement factory under construction with 7,000 metric tons of production capacity per day is set to solve the current cement shortage in Ethiopia. This was announced by Ethiopia’s Prime Minister Abiy Ahmed, who indicated that the new factory has production capacity to produce more than Dangote Cement and MIDROC Derba Cement are currently producing together. “I hope the new factory will go operational in the coming three or two months,” he said, adding that  cement market of the country is affected by contraband trade. The Prime…

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Kenya, Ethiopia commission one-stop border post to boost trade

KENYA – Ethiopia and Kenya have shown the strongest indication of their intention to deepen integration with a new border crossing after years of struggling to conduct robust bilateral trade under a regime of poor infrastructure at the key border town of Moyale. Officials from the two countries see the Moyale One-Stop Border Posts an important signal to start implementing several key trading agreements reached between the two countries but which had largely been untouched. President Uhuru Kenyatta of Kenya and Ethiopian Prime Minister Abiy Ahmed were in Moyale, a…

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China’s biotech giant BGI Genomics opens COVID-19 test kit plant in Ethiopia

EHIOPIA – Chinas biotech giant BGI Genomics Company has opened a COVID-19 test kit factory in Bole Lemi industrial park on the outskirts of Addis Ababa, Ethiopia. It is the Chinese company’s first-ever plant in Africa. Chen Songheng, General Manager of BGI Ethiopia, a subsidiary company of China’s biotech giant BGI Genomics Co. is optimistic about Ethiopia’s anti-COVID-19 fight. “We have opened our first factory not only in Ethiopia but also in the whole of Africa. Now the capacity of production for the COVID-19 test kits is about six million…

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