Market News | FoodAgro Ethiopia 2020

Market News

  • Queens Supermarket Opens A New Branch In Keranio,Ethiopia

    Posted on :Monday , 5th August 2019

    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 of outlets that Queen operates to eight, is expected to generate US$2.60 million (75 million Br) a ye. . .

  • Nigerian Breweries Achieves 57% Local Sourcing Of Raw Materials

    Posted on :Thursday , 9th May 2019

    The Nigerian Breweries (NB) Plc says it has achieved 57% of its 60 per cent 2020 target for local sourcing of raw material for production.

    According to Sade Morgan, Corporate Affairs Director, local sourcing was an integral part of the company’s long term sustainability agenda as it remains at the heart of the company’s operations.

    &ldquo. . .

  • Ethiopian government regulates food and agriculture sector

    Posted on :Tuesday , 30th April 2019

    The Government of Ethiopia (GOE) is undergoing various reforms and economic liberalizations in the food and agriculture sectors. Over the past five years, the process of updating and modernizing the country’s food safety, animal and plant health regulatory systems has become paramount. 

     
    These developments are attributed to the nation’s fast-paced, e. . .

  • Tanzanian Government to Invest Heavily in Palm Oil Farming

    Posted on :Tuesday , 19th February 2019

    The Prime Minister of Tanzania, Mr. Kassim Majaliwa recently stated that the government has allocated 4.3 million U.S dollars to boost the cultivation of palm oil as a part of its strategy to develop the crop so that its farmers are on the same level as growers of other cash crops.

    Majaliwa made this statement while speaking in w. . .

  • East Africa - Leaders in Africa's Agricultural transformation

    Posted on :Saturday , 9th February 2019

     In implementing Africa's agricultural transformation policies, East African countries are leading. South Africa is second, according to a report on the Malabo declaration. 

    The declaration is a set of agricultural objectives to be achieved by 2025 by the Heads of State at the African Union Summit in Malabo, Equatoria. . .

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