Ethiopia Incubator

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Comment by Eyembe Elango on March 8, 2010 at 7:53am

Bollore Proposes New Logistics Corridor For Ethiopia's Sea Bound Trade

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Comment by Eyembe Elango on March 4, 2010 at 9:18pm

Anglo-Ethiopian Investments

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Comment by YILKAL on February 16, 2010 at 12:05am

Comment by YILKAL on January 25, 2010 at 3:28am

Holland Car to goes bio-gas green

Holland Car’s Assembly Line to Evolve


Holland Car Plc is making preparations to take its car assembly process a step further by shifting to complete knockdown (CKD), where all the parts will be imported in pieces to be welded, painted and assembled in Ethiopia, it says.

So far it has been assembling vehicles from semi knockdown (SKD) kits, where parts are welded, painted and assembled. In its earlier relationship with Lifan Motors and now with Anhui Jianghuai Plc (JAC) Holland Car receives SKD kits. In a CKD, the parts, including the internal combustion engine and the transmission, will be supplied in parts for assembly by the receiving company.

This decision followed the problematic split the company had with its former supplier, the Chinese Lifan motors, which brought viability under such relationships into questions, Tadesse Tessema (Eng.), general manager and part-owner of the company, told Fortune.

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Comment by Eyembe Elango on January 19, 2010 at 8:47pm

Indian Firm to Fabricate Largest Textile Plant
Spintex, an Indian textile company, has received 50ht of land at the Kombolcha Industrial Zone in the Amhara Regional State to construct what could become the largest textile factory with five times the capacity of the current leader.

It will produce 100tn of yarn a day, which is five times the capacity of Ayka Addis.

Ayka Addis is a Turkish company that moved to Ethiopia and set up a factory at Alem Gena in Oromia.
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Comment by Andualem Sisay on January 9, 2010 at 12:26pm

↑ Grab this Headline Animator

Comment by Andualem Sisay on January 9, 2010 at 12:16pm

Comment by Eyembe Elango on November 30, 2009 at 2:33pm

Lifan Starts Afresh After Split With Holland
China's Lifan Company has announced plans to invest US$300mn in a new car assembly plant in Ethiopia, just months after terminating a previous agreement with Holland Car. According to the Daily Monitor, Lifan has already found a new partner in Yangfan Ethiopia,.....
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Comment by Eyembe Elango on November 30, 2009 at 2:30pm

Ethiopia will produce its first car to biofuel
Ethio­pia will launch its first ve­hicle po­we­red with bio­fuel, as­sem­bled on site with the aim of re­du­cing the heavy re­liance of the coun­try vis-​à-​vis oil.

The local fac­to­ry auto as­sem­bly Hol­land Car has an­noun­ced that the first car po­we­red with bio­fuel will be ex­hi­bi­ted in No­vem­ber 2009 in Addis Ababa.

The Di­rec­tor Ge­ne­ral of the fac­to­ry, Te­se­ma Ta­desse, told re­por­ters that the de­ci­sion to pro­duce au­to­mo­tive bio­fuel will help Ethio­pia to re­duce the cost of im­por­ting fuel, which to­ta­led about 1 bil­lion U.S. dol­lars by year.
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Comment by Eyembe Elango on November 21, 2009 at 10:53pm

Name Brand: Africa's SME of the year 2008

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