Interviews

imported 2024-03-17 17:43:07

Derba Cement: Leader of the cement industry in Ethiopia

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.

Ethiopian banking market remains untapped despite fast growth, says Oromia International Bank

Abie Sano Mehamed, President of Oromia International Bank
While Ethiopian population reaches almost 100 million the size of the banking market lags behind and remains very small – only 19 banks. Oromia International Bank first opened the doors on October 25, 2008 and since then the bank has experienced rapid growth; opening 26 branches in the first 8 months of operations. For the time being, Oromia International Bank remains the fastest growing bank in the history of Ethiopia.

Marble industry is a very profitable business in Ethiopia, says MOAB Plc

Abeba Tesfaye, Managing Directress of MOAB Plc, GIRUM Food Complex
MOAB Plc and Girum Food Complex want to diversify their local production and include production of other nutritious foods like supplemental foods for children, lactating mothers and rehab patients, all to substitute for imports. MOAB is also present in the marble industry in Ethiopia. To develop its marble project, the company is looking for international partners with experience and technology required for the marble processing.

Ethiopian aviation industry to meet the international aviation standards in 2014

Colonel Wosenyelh Hunegnaw, Director General of Ethiopian Civil Aviation Authority
The role of the Ethiopian Civil Aviation Authority is no different from the role of any other civil aviation authorities worldwide. The Authority regulates the airlines and aerodromes, and provides air navigation services. The plan and vision of the regulator is to meet the international aviation standards in 2014.

Developing the real estate market in Addis Ababa — GIFT Real Estate

Gebreyesus Igata, Owner and General Manager of GIFT Real Estate Company
GIFT Real Estate Company was established 9 year ago and is currently developing 160,000 square meters of land in the eastern part of Addis Ababa. The project entails construction of villa houses, townhoses and different apartment houses. While 70% of the are has already been developed, Mr Igata expects to develop the rest within the next three years.

Ethiopian Investment Agency: One-stop investment center for investors in Ethiopia

Fitsum Arega, Director General of Ethiopian Investment Agency
Ethiopian Investment Agency confirms horticulture (flowers), agriculture and manufacturing (textiles, leather) attract majority of FDI flows into Ethiopia. The Agency is currently working hard to transform itself into a one-stop investment center for investors.

Organic coffee from Ethiopia: Aleta Land Coffee

Habtamu Silla, General Manager of Aleta Land Coffee
“Our family has been in the coffee business for over 14 years. We have coffee washing stations, farms and sun drying coffee factories, so we really know about the coffee that we grow. Our coffee is organic and of excellent quality,” asserts Mr Silla. Established in 2005, Aleta Land Coffee exports organic coffee to the US, Europe, Asia (Japan) and the Middle East.

Biggest Project in Iraq — The Empire World: Exclusive Interview

Empire World’s Marriott Hotel will be a unique hotel catering for needs of all visitors of Erbil, including business travelers. Peshraw Majid Agha has a positive outlook for the real estate in Erbil, which is now one of the most important cities in Iraq for businesses. The prices in Erbil are increasing and investments are flowing into the region at a substantial rate. Peshraw Majid Agha also discusses the other divisions of Falcon Group: Falcon Oil & Gas and Falcon Security.

Ethiopia to become one of the top travel destinations in Africa, claims Green Land Tours & Hotels

Dario Morello, CEO of Green Land Tours and Hotels (Ethiopia)
“We strongly believe Ethiopia will soon become one of the top travel destinations in Africa,” claims Dario Morello, the CEO of Green Land Tours & Hotels. Green Land Tours was established 16 years ago and has grown since to become the biggest tour operator in Ethiopia, covering also nearby East African states…

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