Market News | AFRIWOOD Ethiopia 2019

Market News

  • East African wood industry booming as an attractive investment destination

    Posted on :Thursday , 7th February 2019

    According to a new study by South Africa’s Rand Merchant Bank (RMB) Kenya, Rwanda and Tanzania will be among Africa’s most attractive investment destinations in 2019. The RMB Investment Attractiveness index scrutinizes countries’ economic and operating environments to assess their potential to attract investment.

    Their report, 'Where to Invest in Africa 2019', is a key. . .

  • Hardwood gains popularity as the choice of wood

    Posted on :Friday , 25th January 2019

    According to a business executive, Arjun Bhachu, who works with Wood Products, one of the oldest companies dealing in wood in Kenya says it evokes elegance and texture in any room. “Just like art, wood helps restore the natural state in a room”.

    The overlooked timber is making a comeback in kitchens, floors, walls and staircases.

    In Kenya,  homeowners moved from. . .

  • Money on trees in Africa - Ethiopia looks to capitalize

    Posted on :Friday , 25th January 2019

    In this country money really could grow on trees. Ethiopa  contains two-thirds of the bamboo in Africa, and it is hoped that the "green gold" can potentially power growth.

    According to Adane Berhe, CEO Adal Industrial PLC, which is helping to build the new industry. "The farmer who has bamboo is rich, but he doesn't know it,"

    China has become the choice . . .

  • Timber industry in South Africa plans for a positive future

    Posted on :Monday , 11th February 2019

    Government experts are mulling over all possible options to ensure revival and strengthening of the sector. The years to come will see increased efficiency and productivity.

     The medium-term outlook for the timber industry is under pressure while the short-term outlook for South Africa’s timber industry looks promising, with positive supply and demand figures. As the total ar. . .

  • Modular homes are making a grand entrance in South Africa

    Posted on :Thursday , 22nd March 2018

     The move from free-standing homes can be linked to high property prices – which shows that South Africans living in the country’s most populated provinces can expect to pay well over a 1 million rand for a home.

     As owners opt for townhouses and flats over free-standing properties South African homes are becoming smaller.

    Most people use them as their main. . .

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