Technostyle, leading importer of furniture in Ethiopia, to use 60% local materials for manufacturing
Technostyle has been importing office furniture for the last 15 years. Now it is about to start manufacturing locally.
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Technostyle has been importing office furniture for the last 15 years. Now it is about to start manufacturing locally.
Gebreyesus Igata from GIFT Real Estate claims it is high time for investors to come and take part on the real estate developments in Ethiopia; the demand is there.
70% of the land acquired by GIFT Real Estate in eastern Addis Ababa is already developped.
Derba MIDROC Cement has about 52% share of the cement market in Ethiopia.
“We did a study seven years ago in which we showed the increase in demand was 30 to 35%, so we wanted to participate in this area,” recalls Haile Assegide, Executive Director of Derba MIDROC Cement.
Travel Ethiopia wants to branch out and be present in various regions of the countries thereby addressing the needs of the ever increasing number of tourists in Ethiopia.
“Ethiopia is a very large country and it is not a one-time trip. We have clients who come four or five times,” says Samrawit Moges, managing director of Travel Ethiopia.
Ethiopia has a huge potential for rubber but commercial production hasn’t started yet.
Horizon Addis Tyre factory was set up 40 years ago with the support of the Ethiopian government.
“We have the warehouses and we have the facilities to supply the coffee on time at the best quality and competitive prices. All of these factors make us one of the leading coffee exporters in Ethiopia,” explains Belayneh Mesenbet, Deputy Manager of Aleta Land Coffee.