New Business Ethiopia

To diversify its existing agribusiness in Ethiopia, an Ethiopian – American company, ETHAMCO LLC, says it is open to venture with interested but reliable local or foreign company.

By Tandong Calistus Jong – Africa cumulatively loses more than 670 million US Dollars annually in lost exports trade alone due to aflatoxin contamination, because major agricultural commodities such as maize, groundnuts and spices produced in the continent contain aflatoxin levels that are unacceptable for the European and other global markets.

Mohammed International Development Research and Organization Companies (MIDROC) Investment Group of the Ethio-Saudi tycoon Sheikh Mohammed Hussein Ali Al-Amoudi inked a partnership agreement with the Saudi-based Alkhorayef Industries Company to boost Ethiopian agriculture sector with center pivot irrigation technology.

Ethiopian Airlines and the United States today partnered to enable the nation’s flagship carrier to source locally grown produce and ingredients from local farmers for preparing in-flight meals for global passengers.

The African Risk Capacity Limited (ARC Ltd) and Pula partner to deliver best-in-class agriculture index insurance products to protect African farmers from climatic risks.

With the aim of commencing fish export and creating 5,000 jobs for the youth, the Gambella Region of Ethiopia has launched technology assisted fishery development project.

The World Bank Group’s Board of Executive Directors today approved a $80 million grant from the International Development Association to support the government Ethiopia to boost agricultural productivity and enhance market access for smallholder farmers.

Ethiopia becomes 50th member country of CABI, the international not-for-profit organization that improves people’s lives by providing information and applying scientific expertise to solve problems in agriculture and the environment.