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5 days ago · The National Investment Group said after signing the agreement that it would invest $110 million to build the first aerospace manufacturing hub in Africa. According to the agreement, the National Investment Group will manufacture 14 types of airplane spare parts and it is expected that the deal will create job opportunities for 1,000 Ethiopians.
2 days ago · The National Investment Group, a local firm in Ethiopia, will invest 110 million USD to build the premier aerospace manufacturing hub in Africa. Also read: Ethiopian diaspora in the Emirates invest US$100k in GERD bonds. According to the agreement, National Investment Group will manufacture 14 types of airplane spare parts.
5 days ago · The manufacturing of aircraft components locally would build import substitution capacity as well as pave the way to export. The CEO also noted that the project would facilitate Ethiopia’s effort to stand in the forefront in Africa’s aircraft manufacturing business and it would also bring knowledge and technology transfer.
2 days ago · Tbilisi (AFP ) - 05/28/2024 - 10: ... we are continuously innovating and enhancing the Citation jets’ design and manufacturing process, providing our customers with unmatched performance ...
2 days ago · An agreement was signed yesterday between the Industrial Parks Development Corporation (IPDC) and the National Investment Group (NIG), marking a significant step forward for Ethiopia's aviation industry. The USD 110 million deal paves the way for the manufacturing of aircraft components at Kilinto Industrial Park.
1 day ago · Russia’s latest civil aircraft production plan features a collaborative effort with Belarus: the LMS-192 Osvey. This 19-seat, high-wing twin-turboprop aircraft targets regional commercial air travel and will be powered by Klimov VK-800 engines. Russia anticipates serial production to begin in 2027, with an initial output of 20 airframes ...
1 day ago · An employee handles 155mm caliber shells after the manufacturing process at the the Scranton Army Ammunition Plant in Scranton, Pennsylvania, on April 16. The U.S. Army inaugurated its new ...
