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By William Davison
May 4 (Bloomberg) — Export-Import Bank of China to make
advance for state-run Welkait Sugar Factory in Tigray region,
Ethiopian Finance Minister Sufian Ahmed says in interview in
capital Addis Ababa today.
* China, Ethiopia to focus on “industrialization,
particularly light manufacturing,†in economic zones so cos
can employ Ethiopia’s cheap labor, Sufian says after Chinese
Premier Li Keqiang met Ethiopian Prime Minister Hailemariam
Desalegn in capital
* China “supporting Ethiopia’s great vision to become
Africa’s manufacturing powerhouse,†Hailemariam tells
reporters
* “Chinese investors are looking to relocate some of their
factories in Africa and Ethiopia is identified as one of the
destinationsâ€: Sufian
* Industrial Commercial Bank of China to loan Ethiopian
Electric Power Corp. ~$60m; China will help upgrade Addis
Ababa’s power network: Sufian
May 4 (Bloomberg) — Export-Import Bank of China to make
advance for state-run Welkait Sugar Factory in Tigray region,
Ethiopian Finance Minister Sufian Ahmed says in interview in
capital Addis Ababa today.
* China, Ethiopia to focus on “industrialization,
particularly light manufacturing,†in economic zones so cos
can employ Ethiopia’s cheap labor, Sufian says after Chinese
Premier Li Keqiang met Ethiopian Prime Minister Hailemariam
Desalegn in capital
* China “supporting Ethiopia’s great vision to become
Africa’s manufacturing powerhouse,†Hailemariam tells
reporters
* “Chinese investors are looking to relocate some of their
factories in Africa and Ethiopia is identified as one of the
destinationsâ€: Sufian
* Industrial Commercial Bank of China to loan Ethiopian
Electric Power Corp. ~$60m; China will help upgrade Addis
Ababa’s power network: Sufian
Ethiopia to Open Chinese-Funded Road in 1 Month for Trade Boost
By William Davison
May 5 (Bloomberg) — 6-lane toll road between capital,
Addis Ababa, and Adama on main trade route to Djibouti will have
“very significant economic impact,†Transport Minister Workneh
Gebeyehu says in interview at inauguration of project near
Kality.
* $612m route funded by Ethiopian govt, Export-Import Bank of
China; built by China Communications Construction Co.,
according to information displayed at event
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