East African Coal Mining Corporation was formed to engage in the mining sector eyeing the huge potential of various minerals with large deposits available throughout the country that are still unexplored and untapped.
Currently East African Holdings has a concession of a coal mine that is located around 370 km west of the capital in the Oromia regional state which it acquired in 2005. Currently Open cast mining is being carried out and the coal that is being extracted is being supplied to meet the energy requirements of National Cement and also other industries such as textile manufacturers, that also use coal as a source of energy. The company has witnessed a significant gradual increase in the demand for coal by various consumers in the industry, ever since it first started supplying its coal to the market, which has pushed the company to increase the amount of extraction from time to time. In the long run the company is also considering to start underground mining, as studies done show the deposit has huge amount of reserves lying beneath.
Currently EAMC is also engaged in the exploration activities of other coal reserves throughout the country specially in areas where studies have shown to have a large accumulation of high quality coal, such as the Somali region, in order to take concessions and start mining.
East African Coal Mining Corporation is counting on the future demand for coal to supply the energy requirements of various heavy industries such as cement factories as well as other industries that use coal as a source of energy.
|National Ready Mix Construction PLC, (NPC) is established to engage in the manufacture of Ready Mix Concrete to supply for the different Construction Projects, Real Estate Developers and other Public or Private customers within Addis Ababa areas. This year shall be the official year of its emerging into this Ready Mix Concrete business, but with a determination and high spirit of evolving into one of the major players within the next 2 to 3 years. Being an arms-length business affiliate of East African Holdings, it has its inherent advantage due to the presence of National Cement Share Company and so with the Target Industries Aggregate Plant. NPC is a greenfield project and was successfully commissioned last 10th August of 2016 by Turkish expert, as the full sets of machineries are supplied by Turkish company, Semix. It has the nominal Production Capacity of 105 cubic meters per hour of concrete, which is processed thru a highly Automated System using PLC, Programmable Logic Control....|
|Tiger Brands has signed an agreement with the East African Group plc to create a new food, household, personal care and cosmetics joint venture which will operate in the Ethiopian market. The shareholding in the new company will be 51% by Tiger Brands and the balance of 49% by East African Group (Eth) Plc and its associate companies.. "Ethiopia, which has a population of approximately 85 million, has experienced high GDP growth rates for a number of years," Tiger Brands said in a statement this week. "Most categories in the packaged consumer goods sector are enjoying good growth, stimulated by the fast growing economy." The principal activities of the joint venture will comprise the manufacture and marketing of various home and personal care products, biscuits, flour and pasta, which categories currently form part of the East African Group's existing operations. The East African Group is the largest manufacturer of detergents in Ethiopia, and this business will also form part...|
|Ethiopia’s largest Edible Oil Factory Hameressa Edible Oil Share Company located in Harar Region, has been Sold to Ethio-Asian Industries PLC by the Privatization & Public Enterprises Supervising Agency (PPEPSA). Hameressa was handed over by PPESA’s Director General Beyene G/Meskel to Ethio Asian Industries PLC on Wednesday October 29, 2014. Hameressa which was founded in 1998 produces and markets refined edible oil products from different seeds such as groundnuts, sesame, and cotton seeds.|
|East African Agri-Business P.L.C. has ventured into the Coffee business with its well-known Black Lion trademark. Introducing Black Lion Coffee which is handpicked, roasted and ground with utmost care. With its Fresh, mellow and bold body, it captures the distinctive Ethiopian aftertaste in every cup brewed. Our Black Lion Coffee comes in 250gm, 500gm, and 1KG packages in both freshly roasted beans and ground coffee to cater the needs of our clients.|