Ethiopian Business Review

As Ethiopia’s restaurant and hospitality industries continue to grow and many European cuisines flourish in main streets of Addis Ababa, the mushroom business is taking root. One can easily witness this from the new trend of advertisements about mushroom almost everywhere. Posted on billboards, electric or telecom polls, and walls and sometimes in the form of leaflets distributed by young boys in the busy streets of the Addis Ababa, information about mushroom products and market access is reaching the public in large numbers. Several companies have also been established recently to produce and collect mushrooms from producers to supply for restaurants, cafeterias and supermarkets.

Friday, 15 August 2014 00:00
Published in Investment
Read more... 0

On a hot Thursday afternoon, May 22, 2014, Assefa Mandefro, 60, a carpenter who builds traditional houses and decorates them using local materials, was busy completing a traditional restaurant and night club in the Gerji area of Addis Ababa. He rushes and gives orders shouting at his associates to meet his schedule of finishing the project and make it ready by the end of June.

Wednesday, 16 July 2014 03:00
Published in Investment
Read more... 0

With the inauguration of Ethiopia’s largest cement plant, Derba Midroc Cement PLC in February 2012 and the expansion of Mugher and Messebo Cement Factories, the hyper- inflated cement market entered into a cutthroat price competition. Although the price of cement decreased from an average of more than 400 Birr a quintal to 160 at factories’ gate, the oversupply and saturation of the domestic market is pushing cement manufacturers to look for foreign markets. Since 60Pct of the cost of cement production goes to energy, which is largely generated from coal; it’s becoming evident that competing in the international market would only be feasible when energy-related constraints are resolved. EBR’s Samson Hailu explores the complex issue.

Monday, 16 June 2014 06:00
Published in Investment
Written by
Read more... 0