Ethiopia
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IFC seeks to issue US$10m financing to Ethiopia’s leading poultry company EthioChicken Group
ETHIOPIA – Ethiopia’s leading producer of day-old-chicks and poultry feed, EthioChicken Group is set to acquire a US$10 million loan from IFC to enable it…
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Ethiopia opens mega edible oil processing factory worth US$113.7m to meet domestic demand
ETHIOPIA – Ethiopia has inaugurated the new PhiBela Edible Oil Factory worth Birr 4.5 billion (US$113.7m) in the Amhara regional state built by the multi-sectoral…
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Ethiopia’s Green Agro Solutions partners with Commercial Bank of Ethiopia to digitize financial transaction by farmers
ETHIOPIA – Green Agro Solutions, an agribusiness service provider in Ethiopia offering a one stop shop for farming solution, has on-board the services of Commercial…
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Ethiopia launches construction works of US$126.9m Ajima-Chacha dam
ETHIOPIA – The government of Ethiopia Ethiopian has launched the construction of the Ajima-Chacha irrigation dam in the Amhara region in the north of the…
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Global malting company Boortmalt kick starts production at its US$71m plant in Ethiopia
ETHIOPIA – Boortmalt, world’s leading malting company has commenced operation at its new Birr 2.8 billion (US$71.6m) plant inside the Debre Birhan Industrial Park Zone.…