EHPEA linked its member farms with International Finance Corporation(IFC) which is the largest global development institution and member of World Bank Group on the financing opportunities they offer for horticulture farms today at Hilton hotel.
The International Finance Corporation (IFC) provides financing of private-enterprise investment in developing countries around the world, through both loans and direct investments.
IFC introduced its customized financing schemes for the sector with a provision of 50% loan, 5% interest rate and 20% equity depending on the business case. IFC’s representatives presented that they are looking to work as a partner by providing, agribusiness advisory on quality assurance, technical support, knowledge sharing, product development and maintenance.
The discussion concluded to come up with the way forward on identifying innovative solutions for strategic challenges and linking more investments with IFC’S services.
EHPEA promotes its members produce at “Made in Ethiopia” Bazaar and Expo which is organized with an objective to promote Ethiopian produces to the diaspora homecoming community. The five day event officially opened today by Industry Minister Ato Melaku Alebel in the presence of higher government officials. The event is organized by Ethiopian Diaspora Agency, Ministry of Industry, Ministry of Industry, and Ministry of Culture and Tourism as well as Investment Commission.
Flower farms in Ziway alliance to build homes for eight household. Ziway Rose PLC, Herburg Rose PLC, AQ Rose PLC and Bram Flowers PLC, transferred eight renovated house which costs over 1.3 million birr, today in the presence of Batu town administration officials, community leaders and neighboring community. On the program the farms representative Ato. Ermiyas Solomon stated that as part of corporate social responsibility engagement, it’s their primary focus to give back to the community who needs support to boost their livelihood. He also stated that they will continue working with the responsible government offices to ensure sustainable support.
Location : Micky Leyland Avenue on the Road to Atlas Hotel, NB Business Center; 6th floor; Room # 603