An Egyptian delegation from Agriculture Ministry led by farms project executive director Maher Abdel Moneim has arrived in Eritrea to discuss boosting cooperation. (Photo: Drip irrigation farm in Adi Quala)
Egyptian Embassy in Asmara received an Egyptian delegation from Agriculture Ministry led by farms project executive director Maher Abdel Moneim.
In a press release on Sunday, the Foreign Ministry said the delegation met with Eritrean Agriculture Ministry’s general director and heads of poultry and researches’ departments to discuss means of fostering bilateral relations in agriculture field.
Continue reading Egypt Agriculture Ministry Delegation in Eritrea
IFAD supports project that aims improve livelihoods of smallholder farmers in Eritrea
The UN agency, International Fund for Agricultural Development (IFAD), has agreed to finance the US$26.38 million ‘ ’ in Eritrea with a National Agricultural Project US$17.28m grants.
The project is expected to cover a total agricultural area of 1.2 million hectares (ha) in 34 sub-zobas (regions) that spread across the country’s six zobas and three agro-ecological zones.
six-year implementation period of the project, the US$17.28m IFAD Debt Sustainability Framework (DSF) grant will cover 65% of the project cost. Continue reading IFAD Supports US$26.38m Eritrea National Agriculture Project
What makes Eritrea the ideal choice for investments?
By Berhane Woldu,
Eritrean Investment Conference was held in Asmara, Eritrea at the Asmara Palace Hotel for two days and development sites excursion to Central and Gash Barka regions on the third day. There were investors from different parts of the world, the Americas, Asia, Australia, Europe, Middle East and 22 countries from Africa.
The Eritrean Investment Center presented the goals and objectives of the Eritrean Governments economic growth and development objectives.
Continue reading Eritrea Investment Conference
Development of residential housing complexes will get the much needed priority from now on
After continuing its drive towards a highly successful
mining boom, Eritrea is re-adjusting itself for another ambitious, all round ‘ that comes in line with the commencement of the magnificent construction boom’ Gedem Cement factory together with a number of iron and steel plants in the country.
A week from officially commencing production, the price for 100Kg cement has dropped
from 2,000 Nakfa to 500 Nakfa, a 75% drop and that makes it one of the cheapest in the region. Continue reading Construction Boom to hit Eritrea; Cement Prices Drop by 75%