Ashenafi EndaleSeptember 21, 2020
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1min3370

At least five cement investment projects are in the pipeline, after the revised Investment Proclamation allowed cement investment, which was banned eight years ago, due to market saturation.

New cement projects named Dangite, Sinoma and Berberta requested to invest in billions of  Birr, while Abay and Derba are already building production lines. Derba has got green light for expansion, which increases its production capacity by 2.5-million-ton per year.


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1min17700

The government plans to harvest 880,000 quintals of wheat in lowland areas during the coming Meher Season. The expected yield is almost six times the amount harvested during the same period last year.

The irrigation project, which is being implemented with the help of the Ethiopia Institute of Agricultural Research in lowland areas, including Awash, Shebelle and Omo, aspires to fully substitute imports of wheat within two years.


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1min16610

Ethiopian Airlines extended its cargo destinations from 56 to 75 globally since the COVID-19 crisis. The move comes as the aviation giant attempts to offset its loss in revenue from passengers.

During March 2020 alone, Ethiopian transported a total uplift of over 45,848 tons of cargo to different parts of the world, deploying both its freighters and passenger fleet.



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