Ethiopia
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Ethiopia launches US$231m sugar factory, appoints Ernst & Young to oversee privatization of state-owned sugar plants
ETHIOPIA – The Prime Minister of Ethiopia, Abiy Ahmed has inaugurated the long-waited Tana Beles Sugar Factory one, constructed in the Amhara regional state. Delayed…
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Ethiopia’s leading poultry company EthioChicken Group receives US$5m backing from Finnfund
ETHIOPIA – Ethiopia’s leading producer of day-old-chicks and poultry feed, EthioChicken Group has received US$5m equity investment from OP Finnfund Global Impact Fund I, the…
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Ethiopia beefs up edible oil production with launch of new US$114m processing plant
ETHIOPIA – WA Group, Ethiopian multi-sectoral company has set the turbines rolling at its newly built Birr 5 billion (US$114m) edible oil processing plant. The…
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IFAD, EU invest US$32m in Ethiopian rural financial institutions to support agriculture sector mitigate pandemic effects
ETHIOPIA – The Development Bank of Ethiopia (DBE) is set to receive a EUR13.8 million (US$16.84m) grant from the International Fund for Agricultural Development (IFAD),…
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Ethiopia’s coffee production to continue rising as exports marginally decline
ETHIOPIA – Africa’s largest producer and consumer of coffee, Ethiopia, has been experiencing a steady rise in production over the past three years, attributed to…