oilseeds

Dec282019 by newbusinessethiopianewsNo Comments

Al Amoudi to build mega oil processing in Ethiopia

BY MEKONNEN TESHOME - Sheikh Mohammed Hussein Ali Al-Amoudi, Chairman and Owner of the leading Ethiopian investment group, Midroc Ethiopia, is set to invest 4 billion birr (around $126.2 million) in mega edible oil processing factory in Addis Ababa, Ethiopia. (more…)

Apr252019 by NBENo Comments

Ethiopia’s export income declines 9 percent

Trade

Continuing its decline Ethiopia’s export income for the first nine months of the fiscal year started July 8, 2018, goes down by about 9 percent compared to same time last fiscal year. (more…)

Apr232019 by NBENo Comments

Malaysian company to produce edible oil in Ethiopia

Manufacturing

Golden Africa, a Malaysian company is set to invest in edible oil manufacturing in Ethiopia creating jobs for 1,500 people in two years time. (more…)

Feb82019 by newbusinessethiopiaNo Comments

Ethiopia to brand its agricultural commodities globally

Agribusiness

With the aim of promoting Ethiopian agricultural commodities globally, Tourism Ethiopia and Ethiopian Agricultural Transformation Agency (ATC) launch “Ethiopia: Taste of Origins” brand. (more…)

Jan282019 by newbusinessethiopiaNo Comments

ITC expands East Africa, India business partnerships

Investment

For the past few years Indian private sector has been partnering with East Africa countries on selected investment areas under a project initiated by the Geneva based International Trade Center (ITC). (more…)