ETHIOPIA — The U.S. Agency for International Development (USAID) and Awash Bank have announced a new partnership that will make up to US$6.4 million in financing available to microfinance institutions and small- and medium-sized agricultural […]
ETHIOPIA – The Ministry of Finance of Ethiopia is reviewing the new excise tax rate imposed on bottled water following strong resistance from water bottlers. Through their association, water bottlers strongly opposed the 15pc excise […]
ETHIOPIA – An edible oil refinery plant and an agro-processing plant are set to break ground in Benishangul-Gumuz Regional State in Ethiopia with a combined investment of 230 million Br (US$7.17m) from two farmers unions. […]
ETHIOPIA – The Oromia Coffee Farmers Cooperative Union in Ethiopia is set to commission its first coffee roasting and packaging complex at Gelan town in Oromia Regional state. The coffee roasting complex worth 50 million […]
ETHIOPIA — The International Finance Corporation (IFC) has extend US$55.9 million financing to Habesha Breweries S.C., a beverage manufacturer in Ethiopia to help the company expand its operations and increase local barley sourcing from smallholder […]
ETHIOPIA – PepsiCo, one of the world’s leading food and beverage companies has acquired majority stake in Senselet Food Processing Plc in Ethiopia from Veris Investments, a growing and influential investment company, who will maintain […]
ETHIOPIA – Tulip Addis Water, a local manufacturer that specialises in water treatment technology, invested 60 million Br (US$1.89m) to set up a tabletop water filter company in Debre Birhan, Amhara Regional State, reports Addis […]
ETHIOPIA – The Ethiopian Standards Agency has put on the spotlight Fourteen mineral water bottlers, to double the volume of the total fortified minerals in their products within six months. This follows the approval of […]
ETHIOPIA – Two firms have tabled a total offer of 3.88 billion birr (US$123.7M) to supply the Ethiopian government with 600,000 metric tons of wheat to avert the commodity shortage in the country. The procurement […]
