Author: The Exchange

Plasco Limited in Tanzania is the largest manufacturer of plastic pipes for water supply and sanitation in
the country has launched a USD 4million factory expansion using‘Weholite’ technology, the first of its
kind in East and Central Africa used to produce Structured Wall High Density Polyethylene (HDPE) pipes
for Sewerage and Drainage, Manholes and Tanks forstorm water retention and drinking/potable water.

The company aims to provide modern water storage and sanitation solutions to the region through the
use of this new technology that is now available in Tanzania and East Africa as  a whole. The factory was
inaugurated in Temeke, Dar es Salaam by the Minister of Industry and Trade, Innocent Bashungwa;
other government official in attendance included the Deputy Permanent Minister of Water, Emmanuel
Kolobelo.

Speaking during the event, Hon. Bashungwa remarked on the company’s use of innovative technology to
accelerate the progress of the pipe manufacturing industry in …

The Ethiopian Investment Commission (EIC) announced that the country earned $103 million from export generated by industrial parks. The gain is a 40 percent increment compared to last year’s performance recorded at the same period.

According to Abebe Abebayehu, Ethiopia Investment Commissioner, 70 percent of the planned earning from industrial parks during  the stated period had been accomplished. He further noted that footwear and other leather products, as well as textile and apparel have been exported to Europe, USA, Asia and other export destinations. Statistics from Food and Agricultural Organisation (FAO) ranks Ethiopia the 5^th in the world and number one in Africa with the most cattle inventory.

Mr. Abebe, stating that industrial parks across the country have created employment for over 70,000 workers, said Ethiopia has been able to attract $2.5 billion foreign direct investment in the mentioned nine months.

However, the commissioner said, conflicts in different parts …