Ethiopian Sugar Corporation and Dubai-based buyer end sugar contract

ETHIOPIA – A Dubai-based sugar trader has pulled out of a contract to supply the Ethiopian Sugar Corporation with 44,000 tonnes of sugar, valued at US$2.2 million. According to Addis Fortune, Agri Commodities had written a letter of termination on October 3, 2017, informing the Corporation on the cessation of contract, valued at US$2.2 million…

Ethiopia’s meat industry attracting new investors

ETHIOPIA – The Ethiopian meat sector has been steadily growing and domestic and foreign investors are showing interest, according to reports by the Ethiopian Meat and Dairy Industry Development Institute. Companies from China, Morocco, South Africa and India are currently interested in the meat-processing sector in the country. Frigorifico Allana, which is part of the…