ETHIOPIA – The Coca-Cola Company officially introduced the diet cola, ‘Coca-Cola Without Sugar’ in Ethiopia, joining the 160 countries globally where the brand is currently being sold. The launch portrays the company’s continued investment and […]
ETHIOPIA – Consultants hired to shape the future sugar sector in Ethiopia have urged the government to remove the existing 33 percent excise tax levied on local producers, reports The Reporter. In a public consultation […]
ETHIOPIA – In the wake of privatizing Ethiopia’s state-owned sugar plants and properties, heavyweight industry players are joining the race with Coca-Cola Company under its subsidiary in Ethiopia and Nigeria-based Dangote Group expressing their interest. […]
ETHIOPIA – Ethiopia’s Ministry of Finance has presented a bill to the Council of Ministers to amend the nation’s excise tax law in an effort to standardise taxation of alcoholic products, soft beverages and other […]
ETHIOPIA – Government of Ethiopia through the Ethiopian Industrial Inputs Development Enterprise is importing for the first time three million litres of refined sunflower oil, aside from its usual consignment of palm oil. The move […]
ETHIOPIA – International Fund for Agricultural Development (IFAD) and Ethiopia have signed an agreement to fund the Lowlands Livelihood Resilience Project by injecting US$451m funded through a combination of debt and grant. The financing agreement […]
ETHIOPIA – Ahadukes Food Products, producer of mainstream and premium biscuits for the Ethiopian domestic and export markets, has secured an investment from Zoscales Partners (ZP), a private equity firm with impact in East Africa through […]
ETHIOPIA — The International Finance Corporation (IFC) and the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP) have announced a US$22.33 million (€20 million) investment in Soufflet Malt Ethiopia to help […]
ETHIOPIA – Ethiopia’s Trade Ministry will be equipping the National Laboratory with Laboratory equipment worth US$5m to be procured with financial support from the World Bank. The equipment will be used for standardisation, accreditation and […]
ETHIOPIA – Ethiopia’s Ministry of Water, Irrigation & Energy has began the construction of three irrigation dams in Oromia Regional State, Southern Ethiopia at a total cost of 4.9 billion Br (US$167m). Located in Chelchel […]
