Ethiopia
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Castel Group appoints former Castel Malawi boss Herve Milhade as BGI Ethiopia’s new CEO
ETHIOPIA – BGI Ethiopia, subsidiary of the Castel Group, has appointed Mr Herve Milhade as the company’s new General Manager (CEO), replacing Mr Laurent Lescuyer.…
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African Development Fund combats harsh climatic conditions in Ethiopia with US$13.95m grant
ETHIOPIA – The Board of Directors of the African Development Fund, the concessional financing window of the African Development Bank (AfDB) has approved a US$13.95…
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Coca-Cola Beverages Africa Ethiopia’s plant becomes NOSCAR accredited
ETHIOPIA – Coca-Cola Beverages Africa Ethiopia, has bagged the NOSCAR safety award, recognizing its excellence in occupational health, safety, and environment management at its Bahir…
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PepsiCo to inject US$40m in Ethiopian snacks subsidiary Senselet for expansion
ETHIOPIA – PepsiCo, multinational food, snack, and beverage corporation is seeking to invest US$40m to expand its snack business in Ethiopia dubbed Senselet. The earmarked…
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Owner of EthioChicken clinches US$14m funding for expansion across Africa
AFRICA – Flow Equity, a high impact poultry business targeting underserved rural households in Eastern Africa, has raised a combined US$ 14 million funding round…