France’s Malteries Soufflet Group to invest US$50m in a new malting factory in Ethiopia

ETHIOPIA - Malteries Soufflet, the malting division of the French family-owned business Soufflet Group plans to build US$50 million malt processing plant in Bole Lemi Industrial Park, Ethiopia. The plant, sitting on a 10,000sqm site will have a capacity of 60,000tn of malt a year, according to an article by the Fortune. The malting factory…

Food, Medicine Authority to decentralize for efficiency in product regulation

ETHIOPIA - The Food, Medicine Authority of Ethiopia considers decentralizing after the government revealed plans to re-establish the federal authority with a focus on product regulations, leaving services to other agencies, reported the Fortune. With the new bill awaiting approval and endorsement by parliament, the country seeks to restructure the Food, Medicine & Health Care…

East Africa eyes Southeast Asia’s meat market through Hong Kong

ETHIOPIA - East African countries have declared an interest in entering the Southeast Asia’s meat and live animals market via Hong Kong under the Intergovernmental Authority on Development (IGAD). In a statement, IGAD said penetrating the market through Hong could possibly eliminate the challenges its member countries are facing while exporting their products to MENA…

IFC launches food safety training to boost standards in Ethiopia

ETHIOPIA - The International Finance Corporation (IFC) has unveiled a new training programme on food safety management practices aimed at boosting standards at both local and international markets. The training which involves food producers, retailers, industry experts and policy makers also has a sole purpose of developing the country’s food processing industry and putting Ethiopian…

Ethiopian Edible oil producers unveils an association

ETHIOPIA - The Edible oil manufacturers of Ethiopia on 17 May 2018 launched their association dubbed the Ethiopian Edible Oil Producers Manufacturing Industry Association to articulate the interests of both foreign and local edible oil producers, reported AddisFortune. At the launch, close to 66 manufacturers and were present and nearly 100 companies signed on the…

Bunge S.A to supply ‘cheaper’ wheat for humanitarian relief in Ethiopia

ETHIOPIA - Bunge S.A, Amsterdam based subsidiary of Bunge Limited has made the least offer to supply 35,000 tonnes of wheat for US$10.51 million meant for humanitarian assistance programme deemed Productive Safety Net Program. The program targets to reach 10 million food-insecure people, spending US$3 billion a year out of which 14% is funded by…

FrieslandCampina invests in Holland Dairy Ethiopia to boost its presence

ETHIOPIA - Royal FrieslandCampina, the Netherlands based multinational dairy cooperative has joined forces with Holland-based Veris Investments to invest in Holland Dairy Ethiopia in an undisclosed cash injection. Friesland Campina said they were investing in supply chain, production and market development as it seeks to expand its already existing presence in the Ethiopian dairy market,…

Case against Coca-Cola and Ambo Water over an illegal merger remanded

ETHIOPIA - Case by the Trade Competition & Consumer Protection Authority against bottlers of Coca-Cola and Ambo Mineral Water for an allegedly illegal merger has re-emerged, the tribunal sending the case back to the lower court for further proceedings, reported AddisFortune. The case, dating 16 June 2017 implicated that the two companies, Ambo Mineral Water…

Ethiopia’s National Alcohol & Liquor Factory launches new product ‘National Vodka’

ETHIOPIA - The National Alcohol & Liquor Factory (NALF) of Ethiopia has expanded its vodka portfolio by launching a new product ‘National Vodka’ into the local market. At the time of the launch, the AddisFortune reported that the alcoholic vodka product, which is a year in its making, will be available in the market in…

South Africa’s Bon Hotels doubles brand in Ethiopia

ETHIOPIA - Bon Hotels, SA’s hotel management and hotel group has doubled its brand in Ethiopia following a partnership with Bahiru Abraham to open an 82-room hotel in the country. The hotel, expected to be operational in six months’ period, would be managed by the company which signed a 15-years management deal with Bahiru, a…