Ethiopia
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Indian food processor Allana Group halts operations in Ethiopian unit following harsh operating environment
ETHIOPIA – Frigorifico Boran Foods Plc, the Ethiopian subsidiary of India-based Allana Group, has shut down its US$60m abattoir, after slightly over a year since…
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Leading international consultants PwC, Ernst & Young raise bid to oversee privatization of Ethiopia’s sugar factories
ETHIOPIA – The privatization process of Ethiopia’s state-owned sugar factories is forging on, with two international consultants, PwC and Ernst & Young submitting their expression…
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Italian company Hebron Plc invests US$1.8m in production of coffee capsules in Ethiopia
ETHIOPIA – Hebron Trading Plc, an Italy headquartered company, has set base in Ethiopia, investing Birr 80 million (US$1.8m) to add value to locally grown…
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Ethiopian dairy processor KMPI ventures into niche market, builds US$1.6m camel milk processing plant
ETHIOPIA – Khelif Milk Processing Industry (KMPI), a dairy processor in Ethiopia has invested Br 70 million (US$1.6m), in the establishment of a camel processing…
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African Development Fund grants Ethiopia US$31.2m to combat child malnutrition through MASReP
ETHIOPIA – The government of Ethiopia has received US$31.2m grant from the African Development Fund, to boost the US$48m Multi-sectoral Approach for Stunting Reduction Project…