Category: Business

Indian farm conglomerate closes operations

Karuturi Global Ltd., the Indian farm conglomerate that has been active in Ethiopia for the past seven years after acquiring more than 100,000 ha to produce food for foreign markets halted its investment activity and left country, the CEO Ramakrishna…
The Amhara National Democratic Movement’s business empire

The head of the immense state-owned holding company Tiret (Endeavours), Tadesse Kassa ketema (a.k.a Tinkishu), is at the centre of an action to acquire a controlling stake in two national textile companies, Bahir Dar Textile S.C, and Kombolcha Textile S.C.…