Ethiopian firm inaugurates US$1.37m coffee processing plant

ETHIOPIA – Melange Coffee Roasters, a family-owned coffee roaster company has inaugurated a new coffee roasting and packaging plant after investing US$1.37 million (40 million Br). The facility has a daily capacity of roasting 7,500 […]

Ethiopian retailer Queens Supermarket opens new US$2.06m branch

ETHIOPIA – Queens Supermarket, the retail business under the MIDROC Technology Group, has opened a new branch in Keranio, western Ethiopia, after investing US$2.06 million (59.3 million Br). The branch, which brings the total number […]

Ethiopian water bottlers forego neck seals in renewed sustainability drive

ETHIOPIA – Manufacturers of bottled water in Ethiopia have resolved to forego the use of neck seals, a decision aimed at promoting a sustainable environment by reducing plastic waste. The Ethiopian Bottled Water & Soft […]

Ethiopian agricultural agency to invest US$21.4m in establishing retail outlets

ETHIOPIA – The Agricultural Transformation Agency (ATA) in Ethiopia has unveiled that it will be setting up about 200 agricultural inputs retail outlets, at an estimated investment of US$21.4 million (624 million Br). The agency […]

Netherlands grants Ethiopia US$50 million to boost agriculture sector

ETHIOPIA – The Government of Ethiopia has secured US$50 million grant from the government of the Netherlands for its Agricultural Commercialization Clusters (ACC) Initiative. Under the funding, the governments signed a Memoranduon of Understanding (MoU) […]

Belayab Group acquires Ethiopia’s retail chain Bambis Supermarkets

ETHIOPIA – BelayabGroup, the parent company of Belayab Foods and Franchise, has acquired one of Ethiopia’s leading retail stores Bambis supermarket, for an undisclosed amount. Belayab Group is a conglomerate with a diversified business portfolio […]

Ethiopia’s Lame Dairy unveils facility expansion plan to boost local supply

ETHIOPIA – Lame Dairy, subsidiary of Midroc Ethiopia Technology Group, plans to more than double its production capacity from 70,000lt of milk a day to 160,000lt and expand its facility. The processor of Shola Milk […]

Habesha Breweries to launch premium draught beer in Ethiopia

ETHIOPIA – Habesha Breweries S.C, a beverage manufacturer in Ethiopia, has unveiled that it is set to launch the draught version of its signature beer ‘Habesha beer’ later this year. The move seeks to grow […]

Gem Corp, Agro Corp secures Ethiopia’s 600,000 tons wheat supply contract

ETHIOPIA – The Ethiopian government procurement agency has awarded two companies, Gem Corp Commodities Trading SA and Agro Corp International, to supply 600,000 metric tons of wheat valued at US$116.53 million (3.38 billion birr) According to […]