agrofood 2020: Ethiopia to expand its position as East and Central Africa’s largest importer
High sustainable investments and enormous population growthThe 4th agrofood Ethiopia in 2020 continues its success story
East and Central Africa’s largest economy is on the growth track as Ethiopia’s GDP is expected to increase from US$ 84 billion in 2018 to US$ 91 billion in 2019 and US$ 99 billion in 2020.
Ethiopia: New industrial parks opened with food processing plants
At the beginning of December 2018, Ethiopia opened a modern industrial park in the city of Jimma, regional state of Oromia, in which primarily food processing plants are to be located. The importance of the new park was underlined by the presence of Ethiopian Prime Minister Abiy Ahmed, Sudanese President Omar al-Bashir and Djibouti President Ismail Omar Guelleh (…)
Source: Asoko Insight, March 18, 2019
Since opening to private investment in the late 1990s, Ethiopia's brewery industry has attracted investment from four multinational beer brands, three of which operate wholly owned subsidiaries. Within this competitive landscape, local companies continue to open operations, with the last eight years seeing a flurry of entrances and acquisitions. Asoko maps the brewers, from their backers to their brands, in this Market Map.