Ethiopia Conglomerates Interviews

Exploring the gold mining potential of Ethiopia | MIDROC Ethiopia Technology Group

editor@marcopolis.net (Jacques Yétérian) — Wed, 05 Feb 2014 15:59:00 +0000

Dr. Arega Yirdaw, CEO of MIDROC Ethiopia Technology Group

MIDROC Ethiopia Technology Group reached more than 5 billion Birr of sales in 2013 (as oppossed to 3.5 billion Birr three years ago) and currently employs about 7,000 workers. The main factor for the group's success is the sale of gold...

Derba Cement: Leader of the cement industry in Ethiopia

domenica.iza@hotmail.com (Peter Matay) — Wed, 29 Jan 2014 15:05:57 +0000

Haile Assegide, Executive Director of Derba MIDROC Cement (Midroc Group Ethiopia)

Door-to-door delivery, good quality and low price -- those define Derba Cement as the leader of the cement production in Ethiopia. While the demand for the cement keeps on growing by 22-23%, Derba also wants to enter the local steel market, open a real estate company and a tiles business -- all to solve the problems they encounter on a daily basis.

Horizon Addis Tyre Company aspires to become one of the leading tyre producers in Africa

domenica.iza@hotmail.com (Peter Matay) — Thu, 16 Jan 2014 11:00:57 +0000

Umesh Davera, General Manager of Horizon Addis Tyre Company (Midroc Group Ethiopia)

Ethiopia is a land-locked country and so it has to rely primarily on the road transportion. The country has undoubtedly a great potential for growing its own rubber, especially in the Bebeka area where, according to the latest research, the climate seems to be ideal for rubber plantations. Nevertheless for the time being, about 75% of tyres is being imported from abroad.

Midroc Group: Helping Ethiopia develop into a middle income country

domenica.iza@hotmail.com (Peter Matay) — Thu, 16 Jan 2014 09:44:24 +0000

Jemal Ahmed, Chairman of Horizon Company (Midroc Group Ethiopia)

Midroc Group started about twenty years ago when there was no foreign investment in Ethiopia. Sheik Mohammed Al Amoudi’s committed to Ethiopia to trigger the development and create job opportunities. Midroc is today involved in numerous sectors of Ethiopian economy...