Interviews

imported 2024-03-17 17:43:07

Technostyle, a leading importer and supplier of furniture in Ethiopia, to start manufacturing locally

Amelework Ghidey, Managing Director of Technostyle
Being in the business for the last 15 years, Technostyle has managed to indentify its niche market and moved itself up the ladder to become the leader in the import and supply of furniture in Ethiopia. The company is also involved in interior design, offering unique turnkey interior solutions. By relying on the young returnees educated abroad, Technostyle aims to increase their productivity by 300% in the next five years. While currently importing from more than 15 international companies (Turkey, Italy, Malaysia, China, Singapore, Indonesia and America), Technostyle now wants to focus on local manufacturing by using 60% local materials from Ethiopia.

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

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…

2014 will be challenging for Ethiopian coffee producers and exporters, says Addis Exporter

Michael Mamo, Managing Director of Addis Exporter
“There are more investments in farming and more coffee exporters are actually getting into the coffee trade in Ethiopia. However 2014 is going to be a very challenging year because the international market price has dropped dramatically and our local market situation remains difficult. The local market price is often higher than the international and for farmers, if they don’t make money, they aren’t going to produce coffee,” explains Mr Mamo.

Drilling machinery for infrastructure projects in Ethiopia and East Africa | Baraton Trade Plc.

Aboma Taye, Managing Director of Baraton Trade Plc
Baraton Trade started 6 years ago with a capital of about 500,000 US dollars and has grown by at least 10 times ever since into one of the leading suppliers of drilling machines for mostly infrastructure projects in Ethiopia, representing 6 foreign brands such as Japanese Furukawa and Airman. The aim now is to set up a solid base for these brands in the whole of East Africa.

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