Ethiopian industrial conglomerate invests US$1.64m in new flour milling plant

ETHIOPIA – The A.S.S.E.S. Industry Plc, an Ethiopian conglomerate, has invested US$1.64 million in establishing a modern wheat flour processing plant in Amhara Regional state, Ethiopia. Established on a 1,254 Square metre land, the new plant has a processing capacity of producing 82000 kilogrammes of wheat flour per day. According to Sema Melaku, assistant factory…

Ethiopian government to privatize 13 sugar factories to improve efficiencies

ETHIOPIA - The Ethiopian government has embarked on the process of privatizing 13 sugar factories that are operational or under construction as it seeks to enhance efficiency and improve productivity. According to Addis Fortune, the ministry of finance and the Ethiopian Sugar Corporation have released a request for information (RFI) which will be used to…

Ethiopia’s wheat production to increase as government unveils self-sufficiency plans

ETHIOPIA – Ethiopia’s wheat production is expected to increase hitting 4.6 million tonnes during the 2019-20 period as the government unveils plans to ensure the country becomes self-sufficient in wheat production. This is according to a recent report by the Global Agricultural Information Network (GAIN) of the Foreign Agricultural Service of the United States Department…

Ethiopia tenders bid for supply of 400,000 tonnes of wheat to ease demand

ETHIOPIA – The Government of Ethiopia has issued a new international competitive tender to buy 400,000 tonnes of milling wheat as it seeks to fill the gap of wheat supply in the local milling and baking industries. According to a recent report by the Global Agricultural Information Network (GAIN) report from the Foreign Agricultural Service…

Ethiopia’s Kangaroo Plast Plc invests US$52.34m in new brewery plant

ETHIOPIA - Kangaroo Plast Plc, a family-owned business group with diverse interests, has invested US$52.34 million in setting up a new brewery plant in Ethiopia. According to Ephrem Yirga, Board Chairman of United Brewery and Kangaroo Plast, the new multimillion plant has a production capacity of 1.6 million hectoliters and 800,000 hectoliter packaging capacity a…

Ethiopian agricultural agency to invest US$5.89m in capacity building

ETHIOPIA – The Ethiopian Agricultural Transformation Agency (ATA) is set to invest a whooping US$5.98 million in building mechanisation centres across the country as it seeks to boost agricultural production. According to Gebre G. Tsadik, the mechanisation centre pilot project head at the Agency, the mechanisation centres will provide farmers with machinery and equipment to…

Ethiopian farmers invest US$2.46m in new edible oil processing plant

ETHIOPIA – The Tsehay Farmers’ Cooperative Union, an Ethiopian farmers’ based union, has invested US$2.46 million (70 million birr) in setting up a new edible oil processing plant in Amhara Regional State. The processing plant has a daily production capacity of refining 10,000lt of oil from sesame seeds, niger seed, sunflower and peanuts, reports Addis…

Ethiopia coffee farmers seek to adopt blockchain to boost sector

ETHIOPIA – As leading coffee producers in the continent, Ethiopian coffee farmers are set to adopt blockchain technology in a bid to boost the sector as they focus to increase their share at the global market. The farmers seek to use the technology behind virtual currency, cryptocurrencies, to certify shipments of coffee in order to…

International agencies call for joint cooperation to boost food safety

ETHIOPIA – World leaders during the recently held First International Food Safety in Addis Ababa, Ethiopia called for increased international cooperation to boost food safety as an integral aspect of sustainable development. The conference was organised by the African Union (AU), the Food and Agriculture Organisation (FAO), the World Health Organisation (WHO) and the World…

Krotaj commissions new tahini processing plant in Ethiopia

ETHIOPIA- Krotaj Tahini Manufacturers Plc, a multinational joint ventrure of sesame experts, has commissioned a new tahini processing plant in Ethiopia. The processing plant will produce tahini, a value-added product from sesame seeds used as a snack or garnish for supply to the local and international market especially in the Middle East. The company said…