Ethiopia’s winery Awash invests US$2m in expansion to boost capacity

ETHIOPIA – Awash Wine SC, an Ethiopian winery and pioneer in the industry, has invested US$2 million in expansion of its plant as it seeks to boost production capacity to 8,000 litres an hour. The winery said that expansion of the 2500 square meter facility will help the company will triple its production capacity. Awash…

Rwanda hosts African coffee expo as it seeks to boost sector

RWANDA - Rwanda will be hosting the African Fine Coffees Conference and Exhibition, an annual event hosted in rotation in Africa’s coffee producing countries, from 12-15 February 2019. The conference is aimed at deliberating on intervention to the challenges facing the continents coffee sector as well as explore the opportunities presented by the commodity. According…

Ethiopia’s Assela Malt Factory to triple annual production

ETHIOPIA – Assela Malt Factory, the leading malt supplier to most Ethiopian breweries, has unveiled plans of increasing its annual malt production to 100 000 tonnes, reports New Business Ethiopia. Currently, the factory operates at a production capacity of 36 000 tonnes of barley annually covering between 25-30% of the demand of malt in Ethiopia.…

Ethiopia’s Tiret Corporate invests US$1.65m in new milk processing plant

ETHIOPIA - Tiret Corporate, an Ethiopia based private equity firm, is investing US$1.65 million (47 million Br) in establishing a new dairy processing plant in Amhara Regional State, reports Addis Fortune. The investment under TZA Dairy & Processing Plc will sit on a 133ha land designated for both dairy cattle rearing and establishment of a…

Ethiopia’s US$10bn Agro-processing parks set for completion by June

ETHIOPIA – Ethiopia is set to complete construction of its 4 pilot Integrated Agro-Processing Industrial Parks (IAIPs), an investment worth US$10 billion, by the end of June this year reports Ethiopia News Agency. The pilot agro-processing parks have been under construction since 2016 and features; a Baeker for sesame, sorghum and livestock; Bulbula for cereal…

Pizza Hut Ethiopia launches first exceptional gender empowerment outlet

ETHIOPIA – American pizza chain, Pizza Hut, has launched its first ever women-operated restaurant in line with its gender empowerment ambitions through the Ethiopian Business, reports Addis Standard. Speaking during the launching event at Century Mall, Chief Executive Officer /Shareholder of Belayab foods and Pizza Hut franchise in Ethiopia, Michael Ghebru, highlighted that Pizza Hut…

Ethiopia to intensify coffee exports to China as demand grows

ETHIOPIA – As a major coffee producer in Africa, Ethiopia, is seeking interventions to intensify coffee exports to China in a quest to supply the growing demand of the commodity in the East Asian nation. This comes as Ethiopian based coffee roastaries and cafes in China record good performance and significant growth arising from the…

European investors pump US$12.4m in a new liquor plant in Ethiopia

ETHIOPIA - European investors have pumped US$12.44 million into the establishment of a new liquor factory, Komari Beverages Plc in Amhara Regional State, reports the AddisFortune. Komari Beverages Plc, the 13th liquor processing plant in the country will have a production capacity of bottling and packaging 27,000 bottles an hour, processing whiskey, rum and vodka.…

Ethiopian liquor firm Ponu invests in a new bottle cap factory

ETHIOPIA – Ethiopian liquor producing company, Ponu Monu has invested US$200,000 in establishing a new aluminium and plastic bottle cap factory in Addis Ababa. According to Addis Fortune, the investment was part of an expansion project to meet the growing demand for the materials in both the local and export markets. Equipped with machines imported…

Ethiopia holds international conference on pulses, oilseeds and spices

ETHIOPIA – Ethiopia is holding an international conference on pulses, oilseeds and spices to liberate on strengthening and expanding potential of the commodities in the market destinations, reports ENA. Jointly organized by Ministry of Trade and Industry and Ethiopian Pulses, Oilseeds and Spices Processors-Exporters Association (EPOSPEA), the conference seeks to help low quality exporters to…