HEINEKEN inaugurates Ethiopia’s biggest brewery as part of EUR310mln investment in the country

By GlobeNewswire,  Amsterdam – HEINEKEN officially inaugurated its new brewery at a greenfield site in Kilinto on the outskirts of Addis Ababa yesterday.  In a ceremony attended by 300 guests including His Excellency the Prime Minister Hailemariam Desalegn, Mrs Charlene de Carvalho – Heineken and hosted by Jean-François van Boxmeer, Chairman of the Executive Board

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USAID: How cheese is boosting farm income and empowering women in Ethiopia

By Dr. Yirgalem Gebremeskel For some, Ethiopia conjures images of famine and extreme poverty. I see a completely different picture. Ethiopia is a country rich in opportunity and resources, composed of hardworking men and women with innovative ideas and entrepreneurial spirits. However, agricultural technology and best business practices are not widely available or utilized. Women

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ICL launches “Potash for Growth” program in Ethiopia

By ICL ICL, a global manufacturer of products based on minerals that fulfill essential needs of the world’s growing population in the agriculture, processed food and engineered materials markets, announced that it launched a Potash for Growth program in Ethiopia. The program is designed to unlock the potential of agriculture in Ethiopia by promoting balanced

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Ethiopian Airlines 2015 outlook: more rapid expansion as it becomes Africa’s largest airline

  Centre For Aviation Ethiopian Airlines is planning further fleet and network expansion in 2015, enabling the flag carrier to widen the gap with other leading African carriers. Ethiopian has already become the largest airline inAfrica based on fleet size and could overtake South African Airlines (SAA) in 2015 as the largest based on passengers

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Ethiopian Airlines 2015 outlook: more rapid expansion as it becomes Africa’s largest airline

  Centre For Aviation Ethiopian Airlines is planning further fleet and network expansion in 2015, enabling the flag carrier to widen the gap with other leading African carriers. Ethiopian has already become the largest airline inAfrica based on fleet size and could overtake South African Airlines (SAA) in 2015 as the largest based on passengers

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Ethiopia dam will turn Lake Turkana into ‘endless battlefield’, locals warn

Kenyans near world’s largest desert lake predict conflict, hunger and cultural devastation when hydroelectric project is completed An armed Turkana man on the shore of Lake Turkana. Locals fear the completion of the Gibe III dam could exacerbate tension in the region between Kenyans and Ethiopians. Photograph: Siegfried Modola/Reuters By John Vidal, The Guardian People living near

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Ethiopia dam will turn Lake Turkana into ‘endless battlefield’, locals warn

Kenyans near world’s largest desert lake predict conflict, hunger and cultural devastation when hydroelectric project is completed An armed Turkana man on the shore of Lake Turkana. Locals fear the completion of the Gibe III dam could exacerbate tension in the region between Kenyans and Ethiopians. Photograph: Siegfried Modola/Reuters By John Vidal, The Guardian People living near

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Africa Hotel Investment Forum Returns to Addis for 2015

Press Release Bench Events, the organiser of the Africa Hotel Investment Forum (AHIF) today announced that the conference will return to Addis Ababa in 2015. It will take place again at the Sheraton Hotel on 30th September and 1st October. There has been much speculation about location of the next AHIF, after more than a

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Ethiopia’s buoyant economy raises Heineken’s hopes for beer market growth

BRUSSELS, Jan 12 (Reuters) – Heineken is betting on Ethiopia’s rising incomes to fuel rapid expansion of the beer market in Africa’s second most populous country, where the group is the first of the big international brewers to build a new plant. Ethiopia’s average annual beer consumption of some 5 litres per capita is about

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FOREX Africa: Is 2015 Ethiopian Birr’s Time To Shine?

By Jeffrey Cavanaugh As a frontier market, the countries of Africa represent both tremendous opportunities and tremendous risks. On the risk side of the ledger are all the usual complications of international trade and investment compounded by the problems inherent in a developing, emergent continental market consisting of 54 countries and 1.1 billion people –

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