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China-Africa Trade Information Service
The construction of the first waste-to-energy plant in Africa is nearing completion.
Ethiopia, officially known as the Federal Democratic Republic of Ethiopia, is a sovereign state located in the Horn of Africa.
The Ethiopian government wants to be the center of investment in Asian countries, especially in the textile and apparel sector.
In 2014, Sub- Saharan Africa recorded 2% of vehicle ownership per capita compared with 70% in the United States, 50% in Europe, and 6% in China (OECD/IEA, 2014).
Due to the steady growth in demand for plastics and machinery in Africa, the African plastics industry is reporting high growth rates. Some areas identified as opportunities for international companies include plastics production machinery (PME) and plastics material resins (PMR).
Here's a quick look at the world's top three producers:
According to a report, Ethiopia and China are cooperating to launch a $300 million new industrial park project.
The Ministry of Trade and Industry disclosed that Ethiopia had received $2.67 billion in export trade from its export budget for the last budget year ending July 7, 2019.
Investors in Kunshan, Jiangsu Province, are set to build an industrial park in Dire Dawa city of eastern part of Ethiopia, with an investment of more than $500 million.