Chinese company set to build new free trade zone in Ethiopia
BY YANET FANTAYE WOGAYEHU China Civil Engineering Construction Corporation (CCECC) has signed a memorandum of understanding (MOU) with…
Manufacturing
Abu Dhabi to establish green hydrogen industrial complex
BY YANET FANTAYE WOGAYEHU – In line with the United Arab Emirates (UAE) Net Zero Strategy 2050 and…
Heart Aerospace raises $107 million
Swedish hybrid-electric airplane maker Heart Aerospace today announced it raised a total of $107 million in Series B…
Multi-Wing appoints consultancy abcg to handle market entry
Multi-Wing, the prominent Danish manufacturer specializing in axial fans for engine cooling and industrial heat exchangers, has announced…
Abu Dhabi set to advance sustainable industrial development
In a significant step towards advancing sustainability goals, the Abu Dhabi Department of Economic Development (ADDED), represented by…
Abu Dhabi set to enhance manufacturers’ access to financing
The Abu Dhabi Department of Economic Development (ADDED) has launched ‘Business Financing Facilitation Platform’ to enhance manufacturers’ access…
BGI Ethiopia embarks on massive expansion
BY YANET FANTAYE WOGAYEHU – BGI-Ethiopia, the leading berewery in Ethiopia, embarked on massive expansion launching its VISION…
Nokia to join UNIDO’s Circular Economy Value Chains initiative
Nokia today announced that it is joining Orange in an initiative in Egypt under the UNIDO-run Switch to…
Vertiv introduces prefabricated mass timber solutions
Vertiv, a global provider of critical digital infrastructure and continuity solutions, today introduced the innovative Vertiv™ TimberMod variant…
Multi-disciplinary design festival launched in Addis Ababa
D!NK Multimedia PLC In strategic partnership with Keste Damena Foam & Beyond, Culture Club, and What’s Out Addis…
DRC better place to manufacture mobile phones – UN report
As the major inputs used to manufacture mobile phone are abundantly found in many African countries, mainly the…
Brief look at manufacturing industry of Ethiopia
BY YANET FANTAYE WOGAYEHU- Ethiopia’s manufacturing industry has been growing rapidly in recent years, with the government implementing…
Plastic recycling startup secures over $3 million funding
Kubik, a pioneering startup in Ethiopia specializing in the transformation of hard-to-recycle plastic waste into affordable, low-carbon building…
New initiative to support Ethiopia’s fashion industry
With the objective of supporting Ethiopia’s fashion industry, British Council Arts Program in collaboration with Creative Hub Ethiopia,…
XCMG delivers hydrogen-fueled trucks to Mengxi Zhenghe Group
XCMG, the world’s top 3 construction machinery manufacturers, has delivered a batch of 100 hydrogen-fueled trucks to the…
Ideanomics subsidiary Energica strengthens position
Ideanomics, a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its…
LIBERTY Steel USA completes new debt raise
LIBERTY Steel USA has successfully raised a US$40m term loan with Eclipse Business Capital to refinance its existing…
Nissan Formula E Team unveils new product
Nissan Formula E Team revealed today its brand-new livery for the 2022/23 ABB FIA Formula E World Championship,…
How AfCFTA drives Africa’s industrialization
BY YANET FANTAYE WOGAYEHU – The African Continental Free Trade Area (AfCFTA) will spur Africa’s industrialisation and deepen…
Ethiopia invests 30 billion Birr in 3 agroindustry parks
BY YANET FANTAYE WOGAYEHU – The Government of Ethiopia has spent about 30 billion Birr for three integrated…
Hisense’s first B2B showroom opens in South Africa
Hisense, the global home appliance and consumer electronics brand, has announced that its first B2B (business to business)…
Nissan introduces e-POWER technology to South Africa
Nissan brings its revolutionary new technology, local favourites, and industry expertise to the first-ever South African Auto Week…
Firmenich inaugurates new campus in Geneva
With the aim of accelerating innovation and driving global expansion, Firmenich, the world’s largest privately-owned fragrance and taste…
Greening industrial technologies needs large-scale state intervention, says IMF
A new paper published by the International Monetary Fund (IMF) on Friday suggested a large-scale state intervention to…
China’s manufacturing output surges by 322%
It has been more than ten years since China surpassed the United States as the greatest industrial powerhouse…
Ethiopian, Geven-SkyTecno to manufacture blankets for Boeing 737 MAX
Ethiopian Airlines and Geven-SkyTecno have inaugurated a state-of-the-art facility for the manufacturing of Insulation Blankets for Boeing 737…
Nissan to acquire shares in Vehicle Energy Japan Inc
Nissan Motor Co., Ltd. announces that it has entered into a definitive agreement to acquire shares in Vehicle…
Ethiopia opens its first free trade zone
The Government of Ethiopia introduced its first free trade zone in Dire Dawa this week inaugurating the facility…
Nissan Africa honored at continental Ignition Awards
Nissan Africa is honored today at the first ever continental Ignition Awards taking place at The Cascades Golf…
HEINEKEN Ethiopia Introduces Malt-based Energy drink
HEINEKEN Ethiopia today officially introduced its latest product, a non-alcoholic Energy drink “BERTAT” to the Ethiopian Market.