Ethiopian Industrial Development Corporation Signs MoU with Renowned Chinese Furniture Firm

Posted on :Tuesday , 5th November 2024

The Industrial Parks Development Corporation of Ethiopia (IPDC) has recently entered into a Memorandum of Understanding (MoU) with Aniy Furniture PLC, a Chinese firm known for its expertise in modern office furniture manufacturing. Under this agreement, Aniy Furniture will establish a production facility within the Bole Lemi Industrial Park, focusing on manufacturing contemporary office furnitu. . .

New Forests Reports Increasing Investment Opportunities in Africa's Timber Sector

Posted on :Friday , 12th July 2024

In order to meet the increasing demand, the investment manager emphasizes the necessity of capital investment in the establishment of sustainable forest plantations and wood processing enterprises.

According to New Forests, a global investment company that specializes in nature-based assets, investors in sustainable forestry are seeing new opportunities to diversify their portfolios as a . . .

Tanzania has a burgeoning woodworking sector

Posted on :Tuesday , 5th December 2023

Tanzania is a budding market for the woodworking industry, there are several companies that operate sawmills in Tanzania, such as Wood Export Co., Energo Tanzania, Green Resources, Pethad Trading Company Limited, Wood Industry Solutions, Hope General Supplies, Gats Solutions Co Limited, Ifundaindustrial, Bora Msaky Sawmill, Rasik Lagoon, and Firgos International BV, operate sawmills in Tanzania. . .

Tanzania's timber sector is expected to see significant growth.

Posted on :Wednesday , 8th November 2023

An rise in the number of wood processing industries is expected to significantly strengthen Tanzania's timber sector. This breakthrough has opened up a new chapter for the sub-sector and fully integrated the private sector. The timber business has benefited greatly from the public-private partnership's ability to handle numerous challenges and the prohibition on timber harvest permits has helpe. . .

Timber Wood Gains Traction in Africa’s Construction Sector

Posted on :Wednesday , 4th October 2023

The 96-metre-high "Burj Zanzibar" is expected to open in the next years, offering a stunning new addition to Zanzibar's skyline. The most notable aspect of this structure is not its height, but the fact that it will be constructed primarily of wood. According to Milan Heilmann, Project Manager at CPS Zanzibar, the landmark project is meant to demonstrate to the globe the benefits of employing t. . .